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Relatively Low Current Ratio Detected in Shares of Hni Corp in the Office Services & Supplies Industry (HNI, KNL, MLHR, PBI, ARC)

By David Diaz

Below are the three companies in the Office Services & Supplies 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.

Hni Corp ranks lowest with a a current ratio of 1.0. Following is Knoll Inc with a a current ratio of 1.2. Herman Miller ranks third lowest with a a current ratio of 1.3.

Pitney Bowes Inc follows with a a current ratio of 1.3, and Arc Document Sol rounds out the bottom five with a a current ratio of 1.5.

SmarTrend recommended that subscribers consider buying shares of Arc Document Sol on March 20th, 2020 as our technology indicated a new Uptrend was in progress when shares hit $0.66. Since that recommendation, shares of Arc Document Sol have risen 20.2%. We continue to monitor Arc Document Sol for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio hni corp knoll inc herman miller pitney bowes inc arc document sol

Ticker(s): HNI KNL MLHR PBI ARC