CDNTF (Canadian Tire) Current Ratio: 1.74 (As of Mar. 2026) — Near Median


CDNTF Canadian Tire Corp Ltd CDNTF
62 GF Score
Price $187.03
GF Value $161.41
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Canadian Tire Current Ratio?

Canadian Tire CDNTF 62 Current Ratio is 1.74 as of Mar. 2026, which is 3% below its 10-year median of 1.79. GuruFocus rates CDNTF with a GF Score™ of 62/100 and a GF Value™ of $161.41 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Canadian Tire ranks better than 57.07% 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. Canadian Tire's current ratio for the quarter that ended in Mar. 2026 was 1.74.

Canadian Tire has a current ratio of 1.74. It generally indicates good short-term financial strength.

The historical rank and industry rank for Canadian Tire's Current Ratio or its related term are showing as below:

CDNTF' s Current Ratio Range Over the Past 10 Years
Min: 1.49   Med: 1.79   Max: 2.11
Current: 1.74

During the past 13 years, Canadian Tire's highest Current Ratio was 2.11. The lowest was 1.49. And the median was 1.79.

CDNTF's Current Ratio is ranked better than
57.07% of 1132 companies
in the Retail - Cyclical industry
Industry Median: 1.58 vs CDNTF: 1.74

Canadian Tire  (OTCPK:CDNTF) 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.


Canadian Tire Current Ratio Related Terms


Canadian Tire Current Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Tire's Current 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.

Canadian Tire Current Ratio Chart

Canadian Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.61 1.77 1.79 1.83

Canadian Tire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 1.83 1.80 1.83 1.74

CDNTF vs CASY, WSM, ULTA: Current Ratio Comparison

For the Specialty Retail subindustry, Canadian Tire'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.


Canadian Tire Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Current Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Tire's Current Ratio falls into.


CDNTF
62GF Score
Canadian Tire Corp Ltd CDNTF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Tire Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Canadian Tire's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=8203.19/4491.845
=1.83

Canadian Tire's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=8436.297/4838.921
=1.74

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.74 mean?
Canadian Tire (CDNTF) has a Current Ratio of 1.74 as of Mar. 2026. This is near median its historical median of 1.79. Over the past decade, Canadian Tire's Current Ratio has ranged from 1.49 to 2.11. According to the industry distribution chart, Canadian Tire ranks #486 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 42.9%.
Is Canadian Tire's Current Ratio too high?
Canadian Tire's current Current Ratio of 1.74 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.11. The Retail - Cyclical industry median Current Ratio is 1.58. Canadian Tire's value of 1.74 is 10.1% above this industry median. Based on the distribution chart, Canadian Tire ranks #486 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Canadian Tire has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Current Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #486 out of 1132 companies for Current Ratio. This puts Canadian Tire in the upper half of its industry. The industry median Current Ratio is 1.58. Canadian Tire's value of 1.74 is 10.1% above this benchmark. Historically, Canadian Tire's own Current Ratio has ranged from 1.49 to 2.11 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.58, Canadian Tire 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 Current Ratio for a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.58, based on 1,132 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. Canadian Tire's current Current Ratio of 1.74 is 10.1% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Tire's current Current Ratio is 1.74, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $161.41, compared to a current price of $187.03 — trading 15.9% above its estimated fair value. The current Current Ratio is 1.74, which is near median its 10-year median of 1.79 and 10.1% above the Retail - Cyclical industry median of 1.58. Canadian Tire's overall GF Score™ is 62/100 with 7 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 Canadian Tire (CDNTF), the current Current Ratio is 1.74 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 Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 15.9% above its estimated GF Value™ of $161.41. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNTF:

  • Current Ratio: 1.74 (near median its 10-year median of 1.79)
  • GF Value™: $161.41 vs. price of $187.03 (15.9% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 10.1% above the Retail - Cyclical median (#486 of 1132)

No single metric tells the full story. See the CDNTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
62GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$187.03
Price
$161.41
GF Value