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Relatively Low Current Ratio Detected in Shares of Antero Midstream Corp in the Oil & Gas Storage & Transportation Industry (AM, GLNG, KMI, CAPL, TK)

By Amy Schwartz

Below are the three companies in the Oil & Gas Storage & Transportation 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.

Antero Midstream Corp ranks lowest with a a current ratio of 0.2. Following is Golar Lng Ltd with a a current ratio of 0.3. Kinder Morgan In ranks third lowest with a a current ratio of 0.4.

CrossAmerica Partners LP follows with a a current ratio of 0.6, and Teekay Corp rounds out the bottom five with a a current ratio of 0.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Antero Midstream Corp on January 30th, 2020 by issuing a Downtrend alert when the shares were trading at $5.20. Since that call, shares of Antero Midstream Corp have fallen 52.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio antero midstream corp golar lng ltd kinder morgan in crossamerica partners lp teekay corp

Ticker(s): AM GLNG KMI CAPL TK