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Universal Elec has the Lowest Current Ratio in the Consumer Electronics Industry (UEIC, ZAGG, GPRO, HAR, GRMN)

By Nick Russo

Below are the three companies in the Consumer Electronics 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.

Universal Elec ranks lowest with a a current ratio of 1.2. Following is Zagg Inc with a a current ratio of 1.2. Gopro Inc-Cl A ranks third lowest with a a current ratio of 1.5.

Harman Intl follows with a a current ratio of 1.6, and Garmin Ltd rounds out the bottom five with a a current ratio of 2.9.

SmarTrend recommended that subscribers consider buying shares of Harman Intl on November 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $84.90. Since that recommendation, shares of Harman Intl have risen 31.3%. We continue to monitor Harman Intl for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio universal elec zagg inc gopro inc-cl a :har harman intl garmin ltd

Ticker(s): UEIC ZAGG GPRO GRMN