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United-Guardian is Among the Companies in the Personal Products Industry With the Highest Current Ratio (UG, IPAR, NUTR, MED, RDEN)

By Nick Russo

Below are the three companies in the Personal Products 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.

United-Guardian ranks highest with a a current ratio of 9.9. Following is Inter Parfums with a a current ratio of 4.5. Nutraceutical International ranks third highest with a a current ratio of 4.3.

Medifast follows with a a current ratio of 3.1, and Elizabeth Arden rounds out the top five with a a current ratio of 2.5.

SmarTrend recommended that its subscribers protect gains by selling shares of Elizabeth Arden on November 13th, 2015 by issuing a Downtrend alert when the shares were trading at $11.12. Since that call, shares of Elizabeth Arden have fallen 7.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest current ratio united-guardian inter parfums nutraceutical international medifast elizabeth arden