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Top 5 Companies in the Water Utilities Industry With the Highest Current Ratio (YORW, AWR, PCYO, SJW, CTWS)
Jan 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Water Utilities 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.York Water ranks highest with a a current ratio of 1.8. American States Water is next with a a current ratio of 1.7. Purecycle ranks third highest with a a current ratio of 1.2.
SJW follows with a a current ratio of 1.2, and Connecticut Water Service rounds out the top five with a a current ratio of 0.9.
SmarTrend is tracking the current trend status for Connecticut Water Service and will alert subscribers who have CTWS in their portfolio or watchlist when shares have changed trend direction.
Write to Chip Brian at cbrian@mysmartrend.com
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