As of May 27, 2025, Canopy Growth Corp (WEED.TO) reports a Current Ratio of 1.58.
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 Canopy Growth Corp's Current Ratio
Over recent years, Canopy Growth Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-03-31 | 1.58 |
| 2023-03-31 | 1.34 |
| 2022-03-31 | 8.10 |
| 2021-03-31 | 9.98 |
| 2020-03-31 | 6.10 |
This slight downward trend highlights how Canopy Growth Corp manages its short-term assets and liabilities over time.
Comparing Canopy Growth Corp's Current Ratio to Peers
To better understand Canopy Growth Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Canopy Growth Corp (WEED.TO) | 1.58 |
| Cronos Group Inc (CRON.TO) | 18.84 |
| NGM Biopharmaceuticals Inc (NGM) | 7.79 |
| Aphria Inc (APHA.TO) | 5.30 |
| SNDL Inc (SNDL) | 5.10 |
| Theravance Biopharma Inc (TBPH) | 5.02 |
Compared to its competitors, Canopy Growth Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.