Calfrac Well ServicesTSX:CFW -1.07%49 Current Ratio is 1.48 as of Mar. 2026, which is 35% below its 10-year median of 2.29. GuruFocus rates TSX:CFW with a GF Score™ of 49/100 and a GF Value™ of C$2.98 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,016 Oil & Gas companies, Calfrac Well Services ranks better than 53.54% 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. Calfrac Well Services's current ratio for the quarter that ended in Mar. 2026 was 1.48.
Calfrac Well Services has a current ratio of 1.48. It generally indicates good short-term financial strength.
The historical rank and industry rank for Calfrac Well Services's Current Ratio or its related term are showing as below:
TSX:CFW'
s Current Ratio Range Over the Past 10 Years
Min: 0.92 Med: 2.29 Max: 3.99
Current: 1.48
During the past 13 years, Calfrac Well Services's highest Current Ratio was 3.99. The lowest was 0.92. And the median was 2.29.
TSX:CFW's Current Ratio is ranked better than 53.54% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs TSX:CFW: 1.48
Calfrac Well Services (TSX:CFW) 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.
Calfrac Well Services Current Ratio Related Terms
Calfrac Well Services Current Ratio Historical Data
* Premium members only.
The historical data trend for Calfrac Well Services'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.
TSX:CFW vs SLB, BKR, HAL: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Calfrac Well Services'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.
Calfrac Well Services Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Calfrac Well Services's Current Ratio distribution charts can be found below:
* The bar in red indicates where Calfrac Well Services'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.
Calfrac Well Services (TSX:CFW) has a Current Ratio of 1.48 as of Mar. 2026. This is 35% below median its historical median of 2.29. Over the past decade, Calfrac Well Services' Current Ratio has ranged from 0.92 to 3.99. According to the industry distribution chart, Calfrac Well Services ranks #472 out of 1016 companies in the Oil & Gas industry, placing it in the top 46.5%.
Is Calfrac Well Services' Current Ratio too high?
Calfrac Well Services' current Current Ratio of 1.48 is 35% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.99. The Oil & Gas industry median Current Ratio is 1.36. Calfrac Well Services' value of 1.48 is 9.2% above this industry median. Based on the distribution chart, Calfrac Well Services ranks #472 out of 1016 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Calfrac Well Services has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calfrac Well Services' Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Calfrac Well Services ranks #472 out of 1016 companies for Current Ratio. This puts Calfrac Well Services in the upper half of its industry. The industry median Current Ratio is 1.36. Calfrac Well Services' value of 1.48 is 9.2% above this benchmark. Historically, Calfrac Well Services' own Current Ratio has ranged from 0.92 to 3.99 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.36, Calfrac Well Services 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 Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.36, based on 1,016 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. Calfrac Well Services's current Current Ratio of 1.48 is 9.2% 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 Oil & Gas 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. Calfrac Well Services's current Current Ratio is 1.48, which is 35% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calfrac Well Services stock overvalued right now?
Based on GuruFocus' analysis, Calfrac Well Services (TSX:CFW) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.98, compared to a current price of C$6.50 — trading 118.1% above its estimated fair value. The current Current Ratio is 1.48, which is 35% below median its 10-year median of 2.29 and 9.2% above the Oil & Gas industry median of 1.36. Calfrac Well Services' overall GF Score™ is 49/100 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 Calfrac Well Services (TSX:CFW), the current Current Ratio is 1.48 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 Calfrac Well Services (TSX:CFW) Overvalued in 2026?
Based on GuruFocus' analysis, Calfrac Well Services stock appears to be overvalued.
The current stock price of C$6.50 is trading 118.1% above its estimated GF Value™ of C$2.98.
GuruFocus considers Calfrac Well Services to be Significantly Overvalued.
Key valuation signals for TSX:CFW:
Current Ratio: 1.48 (35% below median its 10-year median of 2.29)
GF Value™: C$2.98 vs. price of C$6.50 (118.1% above fair value)
Industry Position: 9.2% above the Oil & Gas median (#472 of 1016)
No single metric tells the full story. See the TSX:CFW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calfrac Well Services Ltd is an independent provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and wireline services for the oil and natural gas industries in the United States, Canada, and Argentina. The company operates through two main segments. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin in North Dakota, as well as the broader Rockies region. The Argentina segment, which generates the highest revenue, offers fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas companies operating in the Neuquen and Comodoro Rivadavia regions.
49GF Score
Get the complete analysis for TSX:CFW
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
TSX:CFW has been successfully added to your 
