As of June 1, 2025, Cannagrow Holdings Inc (CGRW) reports a Current Ratio of 0.16.
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 Cannagrow Holdings Inc's Current Ratio
Over recent years, Cannagrow Holdings Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2011-12-31 | 0.16 |
| 2010-12-31 | 1.80 |
| 2009-12-31 | 0.76 |
| 2008-12-31 | 0.24 |
| 2007-12-31 | 0.35 |
This slight upward trend highlights how Cannagrow Holdings Inc manages its short-term assets and liabilities over time.
Comparing Cannagrow Holdings Inc's Current Ratio to Peers
To better understand Cannagrow Holdings Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Cannagrow Holdings Inc (CGRW) | 0.16 |
| Eko International Corp (EKNL) | 1943.50 |
| AMREP Corp (AXR) | 20.16 |
| ITEX Corp (ITEX) | 3.46 |
| Edd Helms Group Inc (EDHD) | 2.30 |
| IGS Capital Group Ltd (IGSC) | 2.21 |
Compared to its competitors, Cannagrow Holdings Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.