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Lowest Current Ratio in the Food Retail Industry Detected in Shares of Kroger Co (KR, CASY, SFS, SFM, NGVC)

By James Quinn

Below are the three companies in the Food Retail 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.

Kroger Co ranks lowest with a a current ratio of 0.8. Casey'S General is next with a a current ratio of 0.8. Smart & Final St ranks third lowest with a a current ratio of 1.0.

Sprouts Farmers follows with a a current ratio of 1.0, and Natural Grocers rounds out the bottom five with a a current ratio of 1.5.

SmarTrend recommended that subscribers consider buying shares of Kroger Co on August 26th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $23.67. Since that recommendation, shares of Kroger Co have risen 18.5%. We continue to monitor Kroger Co for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio kroger co :casy casey's general smart & final st sprouts farmers natural grocers

Ticker(s): KR SFS SFM NGVC