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Unit Corp is Among the Companies in the Oil & Gas Drilling Industry With the Lowest Current Ratio (UNT, PTEN, NBR, ICD, NE)

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 Patterson-Uti with a a current ratio of 1.4. Nabors Inds Ltd ranks third lowest with a a current ratio of 1.6.

Independence Con follows with a a current ratio of 1.6, and Noble Corp Plc rounds out the bottom five with a a current ratio of 1.8.

SmarTrend is tracking the current trend status for Noble Corp Plc and will alert subscribers who have NE in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest current ratio unit corp patterson-uti nabors inds ltd independence con noble corp plc

Ticker(s): UNT PTEN NBR ICD NE