CAN2 Termik AS (IST:CANTE) Current Ratio: 3.01 (As of Mar. 2026) — 92% Above Median


IST:CANTE CAN2 Termik AS IST:CANTE
45 GF Score
Price ₺1.32
GF Value ₺0.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CAN2 Termik AS Current Ratio?

CAN2 Termik AS IST:CANTE +0.76% 45 Current Ratio is 3.01 as of Mar. 2026, which is 92% above its 10-year median of 1.57. GuruFocus rates IST:CANTE with a GF Score™ of 45/100 and a GF Value™ of ₺0.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks better than 81.39% 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. CAN2 Termik AS's current ratio for the quarter that ended in Mar. 2026 was 3.01.

CAN2 Termik AS has a current ratio of 3.01. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for CAN2 Termik AS's Current Ratio or its related term are showing as below:

IST:CANTE' s Current Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.57   Max: 6.2
Current: 3.01

During the past 9 years, CAN2 Termik AS's highest Current Ratio was 6.20. The lowest was 0.20. And the median was 1.57.

IST:CANTE's Current Ratio is ranked better than
81.39% of 446 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs IST:CANTE: 3.01

CAN2 Termik AS  (IST:CANTE) 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.


CAN2 Termik AS Current Ratio Related Terms


CAN2 Termik AS Current Ratio Historical Data

* Premium members only.

The historical data trend for CAN2 Termik AS'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.

CAN2 Termik AS Current Ratio Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 0.50 1.74 5.19 1.67 2.22

CAN2 Termik AS 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 3.72 2.80 2.91 2.22 3.01

IST:CANTE vs CEG, VST, NRG: Current Ratio Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik AS'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.


CAN2 Termik AS Current Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's Current Ratio falls into.


IST:CANTE
45GF Score
CAN2 Termik AS IST:CANTE
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CAN2 Termik AS 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.

CAN2 Termik AS'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 )
=4631.085/2084.481
=2.22

CAN2 Termik AS'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 )
=6292.18/2089.008
=3.01

* 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 3.01 mean?
CAN2 Termik AS (IST:CANTE) has a Current Ratio of 3.01 as of Mar. 2026. This is 92% above median its historical median of 1.57. Over the past decade, CAN2 Termik AS's Current Ratio has ranged from 0.20 to 6.20. According to the industry distribution chart, CAN2 Termik AS ranks #83 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.6%.
Is CAN2 Termik AS's Current Ratio too high?
CAN2 Termik AS's current Current Ratio of 3.01 is 92% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 6.20. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. CAN2 Termik AS's value of 3.01 is 121.3% above this industry median. Based on the distribution chart, CAN2 Termik AS ranks #83 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's Current Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #83 out of 446 companies for Current Ratio. This places CAN2 Termik AS in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. CAN2 Termik AS's value of 3.01 is 121.3% above this benchmark. Historically, CAN2 Termik AS's own Current Ratio has ranged from 0.20 to 6.20 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.36, CAN2 Termik AS 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 an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 446 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. CAN2 Termik AS's current Current Ratio of 3.01 is 121.3% 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current Current Ratio is 3.01, which is 92% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.76, compared to a current price of ₺1.32 — trading 73.7% above its estimated fair value. The current Current Ratio is 3.01, which is 92% above median its 10-year median of 1.57 and 121.3% above the Utilities - Independent Power Producers industry median of 1.36. CAN2 Termik AS's overall GF Score™ is 45/100 with 5 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 CAN2 Termik AS (IST:CANTE), the current Current Ratio is 3.01 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.32 is trading 73.7% above its estimated GF Value™ of ₺0.76. GuruFocus considers CAN2 Termik AS to be Significantly Overvalued.

Key valuation signals for IST:CANTE:

  • Current Ratio: 3.01 (92% above median its 10-year median of 1.57)
  • GF Value™: ₺0.76 vs. price of ₺1.32 (73.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 121.3% above the Utilities - Independent Power Producers median (#83 of 446)

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


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
45GF Score

Get the complete analysis for IST:CANTE

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

₺1.32
Price
₺0.76
GF Value