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Top 5 Companies in the Oil & Gas Equipment & Services Industry With the Lowest Current Ratio (SLB, BRS, FTI, MTRX, HLX)

By Shiri Gupta

Below are the three companies in the Oil & Gas Equipment & Services 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.

Schlumberger Ltd ranks lowest with a a current ratio of 1.2. Following is Bristow Group In with a a current ratio of 1.2. Technipfmc Plc ranks third lowest with a a current ratio of 1.3.

Matrix Service follows with a a current ratio of 1.6, and Helix Energy Sol rounds out the bottom five with a a current ratio of 1.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Technipfmc Plc on October 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $22.97. Since that call, shares of Technipfmc Plc have fallen 17.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest current ratio schlumberger ltd bristow group in technipfmc plc matrix service helix energy sol

Ticker(s): SLB BRS FTI MTRX HLX