Top 5 Companies in the Fertilizers & Agricultural Chemicals Industry With the Highest Current Ratio (IPI, SQM, TNH, AVD, MOS)
Below are the three companies in the Fertilizers & Agricultural Chemicals industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
Intrepid Potash ranks highest with a a current ratio of 4.4. Following is Sociedad Quimica y Minera de Chile with a a current ratio of 3.4. Terra Nitrogen ranks third highest with a a current ratio of 3.2.
American Vanguard follows with a a current ratio of 2.5, and Mosaic rounds out the top five with a a current ratio of 2.3.
SmarTrend recommended that its subscribers protect gains by selling shares of Mosaic on September 13th, 2016 by issuing a Downtrend alert when the shares were trading at $26.51. Since that call, shares of Mosaic have fallen 7.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest current ratio amex:ipi Intrepid Potash sociedad quimica y minera de chile terra nitrogen american vanguard Mosaic