ZetaKap is a financial news media outlet that provides fresh, accurate, and actionable news. If you devour financial news, look no further than ZetaKap.
Wednesday, June 6, 2012
4 Oil & Gas Drillers With Cash On Hand And Analyst Confidence
Interested in oil & gas drilling stocks? To help give you ideas where to look, we focused today on companies with good reserves of cash - cash that could fund strategic investments or acquisitions. We narrowed our search to companies that analysts have rated positively recently. You might be interested in the list we came up with.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. Now 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
... Read the rest at SeekingAlpha.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment