Value investing pioneer, Benjamin Graham, whose firm demonstrated average returns of about 15% annually over several decades, advocated purchasing shares in companies with current ratios of 2 or more, in other words with at least twice as much in current reserves as its current liabilities. To this minimum CR criterion he would combine such other value factors as reasonably low price to book value, low debt to equity, low price to earnings, high dividends, and/or positive net income.
According to Janet Lowe, in her book, Value Investing Made Easy, these tried and true principles, first explained during the Great Depression in Graham and Dodd's Security Analysis, remain effective means of finding moneymaking investments today.
Thanks to the rules of supply and demand and the value investing approach now being better known, as a percentage of the market fewer companies' shares meet the original standards Ben Graham advocated. However, these opportunities are as yet not rare. Further, the internet makes screening for them far easier than when Graham and his partners would send for and read the prospectuses of hundreds of companies to locate the gems they were seeking.
While I certainly cannot claim the investment genius of a Ben Graham or of a Graham disciple, Warren Buffett, the following companies' shares do look appealing to me, based on their having reasonably high current ratios and other promising value factors: