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Jones Soda is Among the Companies in the Soft Drinks Industry With the Highest Current Ratio (JSDA, FIZZ, COT, PEP, KO)
Mar 01, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Soft Drinks 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.Jones Soda ranks highest with a a current ratio of 2.9. National Beverage is next with a a current ratio of 2.7. Cott ranks third highest with a a current ratio of 2.2.
PepsiCo follows with a a current ratio of 1.1, and Coca-Cola rounds out the top five with a a current ratio of 1.1.
SmarTrend recommended that subscribers consider buying shares of PepsiCo on January 10th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $70.54. Since that recommendation, shares of PepsiCo have risen 7.4%. We continue to monitor PepsiCo 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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