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Friday, May 11, 2012
3 Utility Stocks With Good Liquidity And Rated Buys Or Better
Interested in gaining exposure to utility companies? Do you feel better knowing your favorite companies have enough cash to cover their operating expenses for a very long time? Are you after stocks analysts are calling "buys" or "strong buys"? We ran a screen you might be interested in.The current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or less is generally a liquidity red flag. This doesn't mean the company will go bankrupt tomorrow, but it also doesn't bode well for the company, and may indicate that it could have an issue paying back upcoming obligations.The quick ratio measures a company's ability to use its cash or assets
... Read the rest at SeekingAlpha.com
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