CanadaBis CapitalTSXV:CANB Quick Ratio is 0.27 as of Oct. 2025, which is 21% below its 10-year median of 0.34. The stock has 6 warning signs investors should review. Among 994 Drug Manufacturers companies, CanadaBis Capital ranks worse than 94.16% on this metric.
CanadaBis Capital has a quick ratio of 0.27. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for CanadaBis Capital's Quick Ratio or its related term are showing as below:
TSXV:CANB'
s Quick Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.34 Max: 251.5
Current: 0.27
During the past 10 years, CanadaBis Capital's highest Quick Ratio was 251.50. The lowest was 0.07. And the median was 0.34.
TSXV:CANB's Quick Ratio is ranked worse than 94.16% of 994
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs TSXV:CANB: 0.27
CanadaBis Capital (TSXV:CANB) 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.
CanadaBis Capital Quick Ratio Related Terms
CanadaBis Capital Quick Ratio Historical Data
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The historical data trend for CanadaBis Capital'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.
TSXV:CANB vs NPHC, BSPK, CPMD: Quick Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, CanadaBis Capital'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.
CanadaBis Capital Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, CanadaBis Capital's Quick Ratio distribution charts can be found below:
* The bar in red indicates where CanadaBis Capital'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.
CanadaBis Capital's Quick Ratio for the fiscal year that ended in Jul. 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.
CanadaBis Capital (TSXV:CANB) has a Quick Ratio of 0.27 as of Oct. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CanadaBis Capital and its competitors. This is 21% below median its historical median of 0.34. Over the past decade, CanadaBis Capital's Quick Ratio has ranged from 0.07 to 251.50. According to the industry distribution chart, CanadaBis Capital ranks #936 out of 994 companies in the Drug Manufacturers industry, placing it in the top 94.2%.
Is CanadaBis Capital's Quick Ratio too high?
CanadaBis Capital's current Quick Ratio of 0.27 is 21% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 251.50. The Drug Manufacturers industry median Quick Ratio is 1.45. CanadaBis Capital's value of 0.27 is 81.4% below this industry median. Based on the distribution chart, CanadaBis Capital ranks #936 out of 994 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does CanadaBis Capital's Quick Ratio compare to NPHC and BSPK?
According to the Drug Manufacturers industry distribution chart, CanadaBis Capital ranks #936 out of 994 companies for Quick Ratio. This places CanadaBis Capital in the lower half of its industry. The industry median Quick Ratio is 1.45. CanadaBis Capital's value of 0.27 is 81.4% below this benchmark. Historically, CanadaBis Capital's own Quick Ratio has ranged from 0.07 to 251.50 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.45, CanadaBis Capital has consistently been below 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 994 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. CanadaBis Capital's current Quick Ratio of 0.27 is 81.4% below 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 CanadaBis Capital and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CanadaBis Capital's current Quick Ratio is 0.27, which is 21% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanadaBis Capital stock overvalued right now?
CanadaBis Capital (TSXV:CANB) has a current Quick Ratio of 0.27. The stock's GF Value™ is C$0.07, compared to a current price of C$0.02 — trading 78.6% below its estimated fair value. The current Quick Ratio is 0.27, which is 21% below median its 10-year median of 0.34 and 81.4% below the Drug Manufacturers industry median of 1.45. 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 CanadaBis Capital (TSXV:CANB), the current Quick Ratio is 0.27 as of Oct. 2025. 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.
CanadaBis Capital Inc is a vertically integrated cannabis company. The firm engages in the production and sale of recreational cannabis. Its product line consists of Stigma Roots. It operates in three segments: wholesale, retail, and extract. The wholesale segment cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. Retail segment involves sale of cannabis and cannabis-related products to end consumers on-premises owned and operated by the Company. Extract segment provides cannabinoid extraction services to other licensed producers. The company generates maximum of its revenue from Extract Segment.
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