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Relatively Low Current Ratio Detected in Shares of SIFCO Industries Inc. in the Aerospace & Defense Industry (SIF, HRS, BA, UTX, EGL)

By Amy Schwartz

Below are the three companies in the Aerospace & Defense 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.

SIFCO Industries Inc. ranks lowest with a a current ratio of 1.0. Harris Corp is next with a a current ratio of 1.1. Boeing Co/The ranks third lowest with a a current ratio of 1.2.

United Tech Corp follows with a a current ratio of 1.3, and Engility Holding rounds out the bottom five with a a current ratio of 1.4.

SmarTrend recommended that its subscribers protect gains by selling shares of SIFCO Industries Inc. on March 3rd, 2020 by issuing a Downtrend alert when the shares were trading at $4.03. Since that call, shares of SIFCO Industries Inc. have fallen 49.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio amex:sif sifco industries inc. harris corp boeing co/the united tech corp engility holding

Ticker(s): HRS BA UTX EGL