California NanotechnologiesCANOF -2.21%40 Current Ratio is 1.02 as of Nov. 2025, which is 827% above its 10-year median of 0.11. GuruFocus rates CANOF with a GF Score™ of 40/100 and a GF Value™ of $0.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,615 Chemicals companies, California Nanotechnologies ranks worse than 84.33% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. California Nanotechnologies's current ratio for the quarter that ended in Nov. 2025 was 1.02.
California Nanotechnologies has a current ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for California Nanotechnologies's Current Ratio or its related term are showing as below:
CANOF'
s Current Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 4.95
Current: 1.02
During the past 13 years, California Nanotechnologies's highest Current Ratio was 4.95. The lowest was 0.04. And the median was 0.11.
CANOF's Current Ratio is ranked worse than 84.33% of 1615
companies
in the Chemicals industry
Industry Median: 1.89
vs CANOF: 1.02
California Nanotechnologies (OTCPK:CANOF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
California Nanotechnologies Current Ratio Related Terms
California Nanotechnologies Current Ratio 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.
For the Specialty Chemicals subindustry, California Nanotechnologies's Current Ratio, along with its competitors' market caps and Current 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.
California Nanotechnologies Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Current Ratio distribution charts can be found below:
* The bar in red indicates where California Nanotechnologies's Current 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.
California Nanotechnologies (CANOF) has a Current Ratio of 1.02 as of Nov. 2025. This is 827% above median its historical median of 0.11. Over the past decade, California Nanotechnologies' Current Ratio has ranged from 0.04 to 4.95. According to the industry distribution chart, California Nanotechnologies ranks #1362 out of 1615 companies in the Chemicals industry, placing it in the top 84.3%.
Is California Nanotechnologies' Current Ratio too high?
California Nanotechnologies' current Current Ratio of 1.02 is 827% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 4.95. The Chemicals industry median Current Ratio is 1.89. California Nanotechnologies' value of 1.02 is 46% below this industry median. Based on the distribution chart, California Nanotechnologies ranks #1362 out of 1615 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, California Nanotechnologies has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, California Nanotechnologies ranks #1362 out of 1615 companies for Current Ratio. This places California Nanotechnologies in the lower half of its industry. The industry median Current Ratio is 1.89. California Nanotechnologies' value of 1.02 is 46% below this benchmark. Historically, California Nanotechnologies' own Current Ratio has ranged from 0.04 to 4.95 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.89, 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 Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Nanotechnologies's current Current Ratio of 1.02 is 46% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Nanotechnologies's current Current Ratio is 1.02, which is 827% above median its own 10-year median of 0.11. 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 $0.18, compared to a current price of $0.20 — trading 8.7% above its estimated fair value. The current Current Ratio is 1.02, which is 827% above median its 10-year median of 0.11 and 46% below the Chemicals industry median of 1.89. California Nanotechnologies' overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For California Nanotechnologies (CANOF), the current Current Ratio is 1.02 as of Nov. 2025. 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 overvalued.
The current stock price of $0.20 is trading 8.7% above its estimated GF Value™ of $0.18.
GuruFocus considers California Nanotechnologies to be Fairly Valued.
Key valuation signals for CANOF:
Current Ratio: 1.02 (827% above median its 10-year median of 0.11)
GF Value™: $0.18 vs. price of $0.20 (8.7% above fair value)
Industry Position: 46% below the Chemicals median (#1362 of 1615)
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.
40GF Score
Get the complete analysis for CANOF
Current Ratio 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 
