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Relatively Low Current Ratio Detected in Shares of Tesla Inc in the Automobile Manufacturers Industry (TSLA, GM, F, THO, WGO)

By Amy Schwartz

Below are the three companies in the Automobile Manufacturers 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.

Tesla Inc ranks lowest with a a current ratio of 0.9. Following is General Motors C with a a current ratio of 0.9. Ford Motor Co ranks third lowest with a a current ratio of 1.2.

Thor Industries follows with a a current ratio of 1.5, and Winnebago Inds rounds out the bottom five with a a current ratio of 1.9.

SmarTrend recommended that subscribers consider buying shares of Thor Industries on January 14th, 2020 as our technology indicated a new Uptrend was in progress when shares hit $77.52. Since that recommendation, shares of Thor Industries have risen 7.1%. We continue to monitor Thor Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio tesla inc general motors c ford motor co thor industries winnebago inds

Ticker(s): TSLA GM F THO WGO