As of June 18, 2025, Canbud Distribution Corp (CBDX.CN) reports a Current Ratio of 2.72.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Canbud Distribution Corp's Current Ratio
Over recent years, Canbud Distribution Corp's Current Ratio has shown limited historical data. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 2.72 |
| 2019-12-31 | 7.38 |
This trend highlights how Canbud Distribution Corp manages its short-term assets and liabilities over time.
Comparing Canbud Distribution Corp's Current Ratio to Peers
To better understand Canbud Distribution Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Canbud Distribution Corp (CBDX.CN) | 2.72 |
| OWC Pharmaceutical Research Corp (OWCP) | 8.03 |
| Gaia Grow Corp (GAIA.CN) | 1.27 |
| Eden Empire Inc (EDEN.CN) | 0.99 |
| Electronic Servitor Publication Network Inc (CNSC) | 0.77 |
| Perpetual Industries Inc (PRPI) | 0.60 |
Compared to its competitors, Canbud Distribution Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.