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Top 5 Companies in the Housewares & Specialties Industry With the Lowest Current Ratio (TUP, NWL, LBY, LCUT, CSS)

By Shiri Gupta

Below are the three companies in the Housewares & Specialties industry with the lowest 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.

Tupperware Brand ranks lowest with a a current ratio of 1.0. Following is Newell Brands In with a a current ratio of 1.4. Libbey Inc ranks third lowest with a a current ratio of 1.9.

Lifetime Brands follows with a a current ratio of 3.6, and Css Industries rounds out the bottom five with a a current ratio of 6.4.

SmarTrend recommended that its subscribers protect gains by selling shares of Css Industries on July 30th, 2018 by issuing a Downtrend alert when the shares were trading at $15.55. Since that call, shares of Css Industries have fallen 29.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio tupperware brand newell brands in amex:lby libbey inc lifetime brands css industries

Ticker(s): TUP NWL LCUT CSS