TMCnet News
Highest Current Ratio in the Multi-Sector Holdings Industry Detected in Shares of Pico Holdings (PICO, ELRNF, TPL, CODI, LUK)Feb 01, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Multi-Sector Holdings industry with the highest 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.Pico Holdings ranks highest with a a current ratio of 9.7. Following is Elron Electronic Industries with a a current ratio of 4.1. Texas Pacific Land Trust ranks third highest with a a current ratio of 2.3. Compass Diversified follows with a a current ratio of 2.2, and Leucadia National rounds out the top five with a a current ratio of 2.2. SmarTrend recommended that subscribers consider buying shares of Leucadia National on December 2nd, 2011 as our technology indicated a new Uptrend was in progress when shares hit $24.17. Since that recommendation, shares of Leucadia National have risen 14.9%. We continue to monitor Leucadia National for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |