Zacks.com featured expert Kevin Matras highlights: Hexcel Corp., MDC Holdings, Inc., Mohawk Industries, Inc., Standard Pacifi..
16 May 2012 - 12:25AM
Zacks
Chicago, IL – May 15, 2012 - Stocks in this week's article
include Hexcel Corp. (NYSE: HXL), MDC Holdings, Inc.
(NYSE: MDC), Mohawk Industries, Inc. (NYSE: MHK),
Standard Pacific Corp. (NYSE: SPF) and TransDigm Group,
Inc. (NYSE: TDG). Kevin Matras explains how to use the Current
Ratio as a financial health barometer.
Screen of the Week written by Kevin Matras of Zacks
Investment Research:
This week, I'm focusing on another ratio to help gauge a
company's financial health: the Current Ratio.
It's calculated by dividing current assets by current
liabilities.
The higher the ratio, the more liquid assets a company has to
meet its short term obligations.
A ratio of 2 or more (meaning a company has at least twice as
many short-term assets than short-term liabilities) is generally
considered good.
Presently, the median current ratio for the stocks in the
S&P 500 is 1.65.
In this week's screen, we'll use the Current Ratio as the main
focus and add other logical items to produce a stock list of sound
companies with solid prospects for the future.
For the rest of this Screen of the Week article, please visit
Zacks.com at: http://www.zacks.com/commentary/21244/
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HEXCEL CORP (HXL): Free Stock Analysis Report
MDC HLDGS (MDC): Free Stock Analysis Report
MOHAWK INDS INC (MHK): Free Stock Analysis Report
STANDARD PAC (SPF): Free Stock Analysis Report
TRANSDIGM GROUP (TDG): Free Stock Analysis Report
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