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Lowest Current Ratio in the Housewares & Specialties Industry Detected in Shares of Tupperware Brand (TUP, NWL, LBY, LCUT, CSS)

By James Quinn

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. Newell Brands In is next 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 subscribers consider buying shares of Newell Brands In on August 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $16.01. Since that recommendation, shares of Newell Brands In have risen 17.0%. We continue to monitor Newell Brands In for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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