Canada Global (TR) (XTAE:CNGL) Current Ratio: 2.06 (As of Jun. 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XTAE:CNGL Canada Global (TR) Ltd XTAE:CNGL
14 GF Score
Price ₪9.56
! 5 Warning Signs
View Full Analysis

What is Canada Global (TR) Current Ratio?

Canada Global (TR) XTAE:CNGL +6.40% 14 Current Ratio is 2.06 as of Jun. 2026, which is 10% below its 10-year median of 2.29. GuruFocus rates XTAE:CNGL with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,798 Construction companies, Canada Global (TR) ranks better than 68.97% 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. Canada Global (TR)'s current ratio for the quarter that ended in Jun. 2026 was 2.06.

Canada Global (TR) has a current ratio of 2.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Canada Global (TR)'s Current Ratio or its related term are showing as below:

XTAE:CNGL' s Current Ratio Range Over the Past 10 Years
Min: 0.28   Med: 2.29   Max: 99.14
Current: 2.06

During the past 13 years, Canada Global (TR)'s highest Current Ratio was 99.14. The lowest was 0.28. And the median was 2.29.

XTAE:CNGL's Current Ratio is ranked better than
68.97% of 1798 companies
in the Construction industry
Industry Median: 1.6 vs XTAE:CNGL: 2.06

Canada Global (TR)  (XTAE:CNGL) 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.


Canada Global (TR) Current Ratio Related Terms


Canada Global (TR) Current Ratio Historical Data

* Premium members only.

The historical data trend for Canada Global (TR)'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.

Canada Global (TR) Current Ratio Chart

Canada Global (TR) 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 2.23 52.36 53.03 15.67 3.30

Canada Global (TR) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 46.14 15.67 6.87 3.30 2.06

XTAE:CNGL vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Canada Global (TR)'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.


Canada Global (TR) Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Canada Global (TR)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Canada Global (TR)'s Current Ratio falls into.


XTAE:CNGL
14GF Score
Canada Global (TR) Ltd XTAE:CNGL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Global (TR) 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.

Canada Global (TR)'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 )
=52.291/15.844
=3.30

Canada Global (TR)'s Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=22.032/10.703
=2.06

* 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 2.06 mean?
Canada Global (TR) (XTAE:CNGL) has a Current Ratio of 2.06 as of Jun. 2026. This is 10% below median its historical median of 2.29. Over the past decade, Canada Global (TR)'s Current Ratio has ranged from 0.28 to 99.14. According to the industry distribution chart, Canada Global (TR) ranks #558 out of 1798 companies in the Construction industry, placing it in the top 31%.
Is Canada Global (TR)'s Current Ratio too high?
Canada Global (TR)'s current Current Ratio of 2.06 is 10% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 99.14. The Construction industry median Current Ratio is 1.60. Canada Global (TR)'s value of 2.06 is 28.8% above this industry median. Based on the distribution chart, Canada Global (TR) ranks #558 out of 1798 companies in the Construction industry, which is above the industry midpoint. Overall, Canada Global (TR) has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Canada Global (TR)'s Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Canada Global (TR) ranks #558 out of 1798 companies for Current Ratio. This puts Canada Global (TR) in the upper half of its industry. The industry median Current Ratio is 1.60. Canada Global (TR)'s value of 2.06 is 28.8% above this benchmark. Historically, Canada Global (TR)'s own Current Ratio has ranged from 0.28 to 99.14 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.60, Canada Global (TR) 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 Construction company?
The median Current Ratio among Construction companies is 1.60, based on 1,798 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. Canada Global (TR)'s current Current Ratio of 2.06 is 28.8% 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 Construction industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Global (TR)'s current Current Ratio is 2.06, which is 10% 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 Canada Global (TR) stock overvalued right now?
Canada Global (TR) (XTAE:CNGL) has a current Current Ratio of 2.06. The current Current Ratio is 2.06, which is 10% below median its 10-year median of 2.29 and 28.8% above the Construction industry median of 1.60. Canada Global (TR)'s overall GF Score™ is 14/100 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 Canada Global (TR) (XTAE:CNGL), the current Current Ratio is 2.06 as of Jun. 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.

Canada Global (TR) Business Description

Address The Cranes, 2 Herzliya, Herzliya, ISR, 4672553
Canada Global (TR) Ltd provides a range of engineering solutions for residential, commercial, and public building projects as well as for various infrastructures in Israel. Its activities include initiating, acquiring, planning, constructing, and marketing projects.
14GF Score

Get the complete analysis for XTAE:CNGL

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

₪9.56
Price