High Yield Bond Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1DHF BNY Mellon High
1.26
 0.09 
 0.94 
 0.08 
2HYB New America High
0.07
 0.02 
 0.48 
 0.01 
3CIK Credit Suisse Asset
0.06
(0.06)
 0.62 
(0.03)
4BGH Barings Global Short
0.0
 0.13 
 0.78 
 0.10 
5HYI Western Asset High
0.0
 0.08 
 0.56 
 0.05 
6JGH Nuveen Global High
0.0
 0.12 
 0.52 
 0.06 
7RSF RiverNorth Specialty Finance
0.0
 0.14 
 0.36 
 0.05 
8893939AE8 TRAVELERS INS GROUP
0.0
 0.09 
 0.41 
 0.04 
9BHIMX ALPS Series Trust
0.0
 0.30 
 0.16 
 0.05 
10BHIIX Brigade High Income
0.0
 0.28 
 0.17 
 0.05 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).