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Hewlett-Packard is Among the Companies in the Computer Hardware Industry With the Lowest Current Ratio (HPQ, DELL, SGI, AVID, AAPL)
Feb 07, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Computer Hardware 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.Hewlett-Packard ranks lowest with a a current ratio of 1.1. Following is Dell with a a current ratio of 1.2. Silicon Graphics International ranks third lowest with a a current ratio of 1.3.
Avid Technology follows with a a current ratio of 1.5, and Apple rounds out the bottom five with a a current ratio of 1.5.
SmarTrend recommended that subscribers consider buying shares of Silicon Graphics International on December 10th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $9.09. Since that recommendation, shares of Silicon Graphics International have risen 67.2%. We continue to monitor Silicon Graphics International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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