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Canopy GrowthCGC -1.03%40 Cash Ratio is 2.02 as of Jun. 2026, which is 56% below its 10-year median of 4.64. GuruFocus rates CGC with a GF Score™ of 40/100 and a GF Value™ of $0.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 969 Drug Manufacturers companies, Canopy Growth ranks better than 78.53% on this metric.
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Canopy Growth Cash Ratio Related Terms
Canopy Growth Cash Ratio Historical Data
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The historical data trend for Canopy Growth's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canopy Growth Cash Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Canopy Growth's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canopy Growth (CGC) has a Cash Ratio of 2.02 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Canopy Growth and its competitors. This is 56% below median its historical median of 4.64. Over the past decade, Canopy Growth's Cash Ratio has ranged from 0.39 to 16.62. According to the industry distribution chart, Canopy Growth ranks #208 out of 969 companies in the Drug Manufacturers industry, placing it in the top 21.5%.
Is Canopy Growth's Cash Ratio too high?
Canopy Growth's current Cash Ratio of 2.02 is 56% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 16.62. The Drug Manufacturers industry median Cash Ratio is 0.59. Canopy Growth's value of 2.02 is 242.4% above this industry median. Based on the distribution chart, Canopy Growth ranks #208 out of 969 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Canopy Growth has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canopy Growth's Cash Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Canopy Growth ranks #208 out of 969 companies for Cash Ratio. This places Canopy Growth in the top 22% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.59. Canopy Growth's value of 2.02 is 242.4% above this benchmark. Historically, Canopy Growth's own Cash Ratio has ranged from 0.39 to 16.62 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 0.59, Canopy Growth has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Drug Manufacturers company?
The median Cash Ratio among Drug Manufacturers companies is 0.59, based on 969 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canopy Growth's current Cash Ratio of 2.02 is 242.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Canopy Growth and its competitors. For the Drug Manufacturers industry, the median Cash Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canopy Growth's current Cash Ratio is 2.02, which is 56% below median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canopy Growth stock overvalued right now?
Based on GuruFocus' analysis, Canopy Growth (CGC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.70, compared to a current price of $0.99 — trading 41.2% above its estimated fair value. The current Cash Ratio is 2.02, which is 56% below median its 10-year median of 4.64 and 242.4% above the Drug Manufacturers industry median of 0.59. Canopy Growth's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Canopy Growth (CGC), the current Cash Ratio is 2.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canopy Growth (CGC) Overvalued in 2026?
Based on GuruFocus' analysis, Canopy Growth stock appears to be overvalued.
The current stock price of $0.99 is trading 41.2% above its estimated GF Value™ of $0.70.
GuruFocus considers Canopy Growth to be Significantly Overvalued.
Key valuation signals for CGC:
Cash Ratio: 2.02 (56% below median its 10-year median of 4.64)
GF Value™: $0.70 vs. price of $0.99 (41.2% above fair value)
Industry Position: 242.4% above the Drug Manufacturers median (#208 of 969)
No single metric tells the full story. See the CGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canopy Growth Corp is a cannabis company that produces, distributes, and sells a diverse range of cannabis and cannabis-related products for adult-use and medical purposes under a portfolio of distinct brands in Canada. The Company supplies cannabis products in Canada, Europe, and Australia. It is focused on the medical and adult-use cannabis markets in Canada, offering a broad portfolio of brands and formats for medical cannabis patients and adult-use consumers. The Company operates through two reportable segments: Cannabis, which generates maximum revenue and includes the production, distribution, and sale of cannabis and cannabis-related products, and Storz & Bickel, which includes the production, distribution, and sale of vaporizers and accessories.
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