Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
California NanotechnologiesCANOF 39 Cash-to-Debt is 0.26 as of May. 2026, which is 767% above its 10-year median of 0.03. GuruFocus rates CANOF with a GF Score™ of 39/100 and a GF Value™ of $0.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,580 Chemicals companies, California Nanotechnologies ranks worse than 72.34% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. California Nanotechnologies's cash to debt ratio for the quarter that ended in May. 2026 was 0.26.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, California Nanotechnologiescouldn't pay off its debt using the cash in hand for the quarter that ended in May. 2026.
The historical rank and industry rank for California Nanotechnologies's Cash-to-Debt or its related term are showing as below:
CANOF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.85
Current: 0.26
During the past 13 years, California Nanotechnologies's highest Cash to Debt Ratio was 0.85. The lowest was 0.00. And the median was 0.03.
CANOF's Cash-to-Debt is ranked worse than 72.34% of 1580
companies
in the Chemicals industry
Industry Median: 0.68
vs CANOF: 0.26
California Nanotechnologies (OTCPK:CANOF) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
California Nanotechnologies Cash-to-Debt Related Terms
California Nanotechnologies Cash-to-Debt Historical Data
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Specialty Chemicals subindustry, California Nanotechnologies's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
California Nanotechnologies Cash-to-Debt vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where California Nanotechnologies's Cash-to-Debt 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.
California Nanotechnologies (CANOF) has a Cash-to-Debt of 0.26 as of May. 2026. This is 767% above median its historical median of 0.03. According to the industry distribution chart, California Nanotechnologies ranks #1143 out of 1580 companies in the Chemicals industry, placing it in the top 72.3%.
Is California Nanotechnologies' Cash-to-Debt too high?
California Nanotechnologies' current Cash-to-Debt of 0.26 is 767% above median its 10-year median of 0.03. The Chemicals industry median Cash-to-Debt is 0.68. California Nanotechnologies' value of 0.26 is 61.8% below this industry median. Based on the distribution chart, California Nanotechnologies ranks #1143 out of 1580 companies in the Chemicals industry, which is below the industry midpoint. Overall, California Nanotechnologies has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Cash-to-Debt compare to LIN and SHW?
According to the Chemicals industry distribution chart, California Nanotechnologies ranks #1143 out of 1580 companies for Cash-to-Debt. This places California Nanotechnologies in the lower half of its industry. The industry median Cash-to-Debt is 0.68. California Nanotechnologies' value of 0.26 is 61.8% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.68, California Nanotechnologies 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-to-Debt for a Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.68, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Nanotechnologies's current Cash-to-Debt of 0.26 is 61.8% 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Cash-to-Debt is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Nanotechnologies's current Cash-to-Debt is 0.26, which is 767% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Nanotechnologies stock overvalued right now?
Based on GuruFocus' analysis, California Nanotechnologies (CANOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.22, compared to a current price of $0.22 — trading right at its estimated fair value. The current Cash-to-Debt is 0.26, which is 767% above median its 10-year median of 0.03 and 61.8% below the Chemicals industry median of 0.68. California Nanotechnologies' overall GF Score™ is 39/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For California Nanotechnologies (CANOF), the current Cash-to-Debt is 0.26 as of May. 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 California Nanotechnologies (CANOF) Overvalued in 2026?
Based on GuruFocus' analysis, California Nanotechnologies stock appears to be undervalued.
The current stock price of $0.22 is trading 0% below its estimated GF Value™ of $0.22.
GuruFocus considers California Nanotechnologies to be Fairly Valued.
Key valuation signals for CANOF:
Cash-to-Debt: 0.26 (767% above median its 10-year median of 0.03)
GF Value™: $0.22 vs. price of $0.22 (0% below fair value)
Industry Position: 61.8% below the Chemicals median (#1143 of 1580)
No single metric tells the full story. See the CANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
39GF Score
Get the complete analysis for CANOF
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CANOF has been successfully added to your 
