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CanonHAM:CNN1 +1.88%85 Cash Ratio is 0.35 as of Mar. 2026, which is 10% below its 10-year median of 0.39. GuruFocus rates HAM:CNN1 with a GF Score™ of 85/100 and a GF Value™ of €26.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,480 Hardware companies, Canon ranks worse than 68.59% on this metric.
The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Canon's Cash Ratio for the quarter that ended in Mar. 2026 was 0.35.
Canon has a Cash Ratio of 0.35. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Canon's Cash Ratio or its related term are showing as below:
HAM:CNN1'
s Cash Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.39 Max: 0.68
Current: 0.35
During the past 13 years, Canon's highest Cash Ratio was 0.68. The lowest was 0.27. And the median was 0.39.
HAM:CNN1's Cash Ratio is ranked worse than 68.59% of 2480
companies
in the Hardware industry
Industry Median: 0.64
vs HAM:CNN1: 0.35
Canon (HAM:CNN1) Cash Ratio Explanation
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.
Canon Cash Ratio Related Terms
Canon Cash Ratio Historical Data
* Premium members only.
The historical data trend for Canon'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.
HAM:CNN1 vs DELL, ANET, SNDK: Cash Ratio Comparison
For the Computer Hardware subindustry, Canon'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.
Canon Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Canon's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Canon'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.
Canon (HAM:CNN1) has a Cash Ratio of 0.35 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Canon and its competitors. This is 10% below median its historical median of 0.39. Over the past decade, Canon's Cash Ratio has ranged from 0.27 to 0.68. According to the industry distribution chart, Canon ranks #1701 out of 2480 companies in the Hardware industry, placing it in the top 68.6%.
Is Canon's Cash Ratio too high?
Canon's current Cash Ratio of 0.35 is 10% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.68. The Hardware industry median Cash Ratio is 0.64. Canon's value of 0.35 is 45.3% below this industry median. Based on the distribution chart, Canon ranks #1701 out of 2480 companies in the Hardware industry, which is below the industry midpoint. Overall, Canon has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canon's Cash Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Canon ranks #1701 out of 2480 companies for Cash Ratio. This places Canon in the lower half of its industry. The industry median Cash Ratio is 0.64. Canon's value of 0.35 is 45.3% below this benchmark. Historically, Canon's own Cash Ratio has ranged from 0.27 to 0.68 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.64, Canon has consistently been below 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 Hardware company?
The median Cash Ratio among Hardware companies is 0.64, based on 2,480 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. Canon's current Cash Ratio of 0.35 is 45.3% below 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 Canon and its competitors. For the Hardware industry, the median Cash Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canon's current Cash Ratio is 0.35, which is 10% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canon stock overvalued right now?
Based on GuruFocus' analysis, Canon (HAM:CNN1) is currently considered Fairly Valued. The stock's GF Value™ is €26.32, compared to a current price of €24.38 — trading 7.4% below its estimated fair value. The current Cash Ratio is 0.35, which is 10% below median its 10-year median of 0.39 and 45.3% below the Hardware industry median of 0.64. Canon's overall GF Score™ is 85/100 with 2 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 Canon (HAM:CNN1), the current Cash Ratio is 0.35 as of Mar. 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 Canon (HAM:CNN1) Overvalued in 2026?
Based on GuruFocus' analysis, Canon stock appears to be undervalued.
The current stock price of €24.38 is trading 7.4% below its estimated GF Value™ of €26.32.
GuruFocus considers Canon to be Fairly Valued.
Key valuation signals for HAM:CNN1:
Cash Ratio: 0.35 (10% below median its 10-year median of 0.39)
GF Value™: €26.32 vs. price of €24.38 (7.4% below fair value)
Industry Position: 45.3% below the Hardware median (#1701 of 2480)
No single metric tells the full story. See the HAM:CNN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canon Inc designs, manufactures, and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates five business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.
85GF Score
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