TMCnet News
Richardson Electronics has the Highest Current Ratio in the Technology Distributors Industry (RELL, IFON, AXE, SCSC, PCCC)May 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Technology Distributors 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.Richardson Electronics ranks highest with a a current ratio of 9.1. Following is Infosonics with a a current ratio of 4.0. Anixter International ranks third highest with a a current ratio of 2.5. Scansource follows with a a current ratio of 2.4, and PC Connection rounds out the top five with a a current ratio of 2.4. SmarTrend is tracking the current trend status for PC Connection and will alert subscribers who have PCCC in their portfolio or watchlist when shares have changed trend direction. 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 |