Tupperware Brands is Among the Companies in the Housewares & Specialties Industry With the Lowest Current Ratio (TUP, NWL, LBY, JAH, LCUT)
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 Brands ranks lowest with a a current ratio of 1.0. Newell Rubbermaid is next with a a current ratio of 1.2. Libbey ranks third lowest with a a current ratio of 2.1.
Jarden follows with a a current ratio of 2.5, and Lifetime Brands rounds out the bottom five with a a current ratio of 2.9.
SmarTrend recommended that subscribers consider buying shares of Jarden on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $52.79. Since that recommendation, shares of Jarden have risen 11.7%. We continue to monitor Jarden for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio tupperware brands newell rubbermaid amex:lby libbey jarden lifetime brands