Canyon Creek Food Co (TSXV:CYF) Quick Ratio: 0.11 (As of Feb. 2026) — 22% Above 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.

What is Canyon Creek Food Co Quick Ratio?

Canyon Creek Food Co TSXV:CYF Quick Ratio is 0.11 as of Feb. 2026, which is 22% above its 10-year median of 0.09. The stock has 7 warning signs investors should review. Among 1,992 Consumer Packaged Goods companies, Canyon Creek Food Co ranks worse than 97.39% 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. Canyon Creek Food Co's quick ratio for the quarter that ended in Feb. 2026 was 0.11.

Canyon Creek Food Co has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Canyon Creek Food Co's Quick Ratio or its related term are showing as below:

TSXV:CYF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.4
Current: 0.11

During the past 13 years, Canyon Creek Food Co's highest Quick Ratio was 0.40. The lowest was 0.01. And the median was 0.09.

TSXV:CYF's Quick Ratio is ranked worse than
97.39% of 1992 companies
in the Consumer Packaged Goods industry
Industry Median: 1.11 vs TSXV:CYF: 0.11

Canyon Creek Food Co  (TSXV:CYF) 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.


Canyon Creek Food Co Quick Ratio Related Terms


Canyon Creek Food Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Canyon Creek Food Co'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.

Canyon Creek Food Co Quick Ratio Chart

Canyon Creek Food Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.05 0.05 0.05 0.03

Canyon Creek Food Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Quick 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 0.09 0.03 0.09 0.09 0.11

TSXV:CYF vs KHC, GIS, HRL: Quick Ratio Comparison

For the Packaged Foods subindustry, Canyon Creek Food Co'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.


Canyon Creek Food Co Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Canyon Creek Food Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Canyon Creek Food Co's Quick Ratio falls into.



Canyon Creek Food Co Quick Ratio Calculation

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.

Canyon Creek Food Co's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as

Quick Ratio (A: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.379-1.032)/10.159
=0.03

Canyon Creek Food Co's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.853-0.959)/8.388
=0.11

* 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 Quick Ratio →
What does a Quick Ratio of 0.11 mean?
Canyon Creek Food Co (TSXV:CYF) has a Quick Ratio of 0.11 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Canyon Creek Food Co and its competitors. This is 22% above median its historical median of 0.09. Over the past decade, Canyon Creek Food Co's Quick Ratio has ranged from 0.01 to 0.40. According to the industry distribution chart, Canyon Creek Food Co ranks #1940 out of 1992 companies in the Consumer Packaged Goods industry, placing it in the top 97.4%.
Is Canyon Creek Food Co's Quick Ratio too high?
Canyon Creek Food Co's current Quick Ratio of 0.11 is 22% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.40. The Consumer Packaged Goods industry median Quick Ratio is 1.11. Canyon Creek Food Co's value of 0.11 is 90.1% below this industry median. Based on the distribution chart, Canyon Creek Food Co ranks #1940 out of 1992 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Canyon Creek Food Co's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Canyon Creek Food Co ranks #1940 out of 1992 companies for Quick Ratio. This places Canyon Creek Food Co in the lower half of its industry. The industry median Quick Ratio is 1.11. Canyon Creek Food Co's value of 0.11 is 90.1% below this benchmark. Historically, Canyon Creek Food Co's own Quick Ratio has ranged from 0.01 to 0.40 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.11, Canyon Creek Food Co 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.11, based on 1,992 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. Canyon Creek Food Co's current Quick Ratio of 0.11 is 90.1% 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 Canyon Creek Food Co and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canyon Creek Food Co's current Quick Ratio is 0.11, which is 22% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canyon Creek Food Co stock overvalued right now?
Based on GuruFocus' analysis, Canyon Creek Food Co (TSXV:CYF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.02 — trading 25% below its estimated fair value. The current Quick Ratio is 0.11, which is 22% above median its 10-year median of 0.09 and 90.1% below the Consumer Packaged Goods industry median of 1.11. 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 Canyon Creek Food Co (TSXV:CYF), the current Quick Ratio is 0.11 as of Feb. 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.

Canyon Creek Food Co Business Description

Address 8704 - 53rd Avenue, Edmonton, AB, CAN, T6E 5G2
Canyon Creek Food Co Ltd is a food processing company based in Edmonton, Alberta providing fresh soups and other prepared food products for the health-conscious consumer. The company's product offerings include fresh sauces, gravies, mash potatoes, stews and chillies, and others. It provides its fresh food product line to both grocery retailers and a broad range of food service establishments, such as restaurants and institutions throughout Canada. Geographically the company caters to Canada and USA and earns key revenue from Canada.