Canadian TireCDNAF +1.58%75 Quick Ratio is 1.33 as of Mar. 2026, which is 4% below its 10-year median of 1.38. GuruFocus rates CDNAF with a GF Score™ of 75/100 and a GF Value™ of $120.18 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Canadian Tire ranks better than 69.08% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Canadian Tire's quick ratio for the quarter that ended in Mar. 2026 was 1.33.
Canadian Tire has a quick ratio of 1.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for Canadian Tire's Quick Ratio or its related term are showing as below:
CDNAF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.38 Max: 1.64
Current: 1.33
During the past 13 years, Canadian Tire's highest Quick Ratio was 1.64. The lowest was 1.07. And the median was 1.38.
CDNAF's Quick Ratio is ranked better than 69.08% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 0.87
vs CDNAF: 1.33
Canadian Tire (OTCPK:CDNAF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Canadian Tire Quick Ratio Related Terms
Canadian Tire Quick Ratio Historical Data
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The historical data trend for Canadian Tire's Quick 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.
For the Specialty Retail subindustry, Canadian Tire's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Tire's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Canadian Tire's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (CDNAF) has a Quick Ratio of 1.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Canadian Tire and its competitors. This is near median its historical median of 1.38. Over the past decade, Canadian Tire's Quick Ratio has ranged from 1.07 to 1.64. According to the industry distribution chart, Canadian Tire ranks #350 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 30.9%.
Is Canadian Tire's Quick Ratio too high?
Canadian Tire's current Quick Ratio of 1.33 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.64. The Retail - Cyclical industry median Quick Ratio is 0.87. Canadian Tire's value of 1.33 is 52.9% above this industry median. Based on the distribution chart, Canadian Tire ranks #350 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Canadian Tire has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Quick Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #350 out of 1132 companies for Quick Ratio. This puts Canadian Tire in the upper half of its industry. The industry median Quick Ratio is 0.87. Canadian Tire's value of 1.33 is 52.9% above this benchmark. Historically, Canadian Tire's own Quick Ratio has ranged from 1.07 to 1.64 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.87, 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 Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Tire's current Quick Ratio of 1.33 is 52.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Canadian Tire and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Tire's current Quick Ratio is 1.33, which is near median its own 10-year median of 1.38. 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 (CDNAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $120.18, compared to a current price of $133.92 — trading 11.4% above its estimated fair value. The current Quick Ratio is 1.33, which is near median its 10-year median of 1.38 and 52.9% above the Retail - Cyclical industry median of 0.87. Canadian Tire's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Canadian Tire (CDNAF), the current Quick Ratio is 1.33 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 (CDNAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued.
The current stock price of $133.92 is trading 11.4% above its estimated GF Value™ of $120.18.
GuruFocus considers Canadian Tire to be Modestly Overvalued.
Key valuation signals for CDNAF:
Quick Ratio: 1.33 (near median its 10-year median of 1.38)
GF Value™: $120.18 vs. price of $133.92 (11.4% above fair value)
Industry Position: 52.9% above the Retail - Cyclical median (#350 of 1132)
No single metric tells the full story. See the CDNAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
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