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Top 5 Companies in the Oil & Gas Drilling Industry With the Lowest Current Ratio (UNT, NBR, ICD, NE, ESV)

By James Quinn

Below are the three companies in the Oil & Gas Drilling 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.

Unit Corp ranks lowest with a a current ratio of 0.7. Following is Nabors Inds Ltd with a a current ratio of 1.6. Independence Con ranks third lowest with a a current ratio of 1.6.

Noble Corp Plc follows with a a current ratio of 1.8, and Ensco Plc-Cl A rounds out the bottom five with a a current ratio of 2.1.

SmarTrend is tracking the current trend status for Ensco Plc-Cl A and will alert subscribers who have ESV in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest current ratio unit corp nabors inds ltd independence con noble corp plc ensco plc-cl a

Ticker(s): UNT NBR ICD NE ESV