CNQ Current Ratio Analysis

The current ratio measures a company's ability to pay short-term obligations with its short-term assets; a value of 1.00x means CNQ has exactly enough current assets to cover its current liabilities.

This sits below the sector median of 1.25x, placing CNQ at the 31st percentile among peers, indicating weaker liquidity than most. The metric's long-term trend is not available, and the year-over-year change is also not available; however, quarter-over-quarter the ratio rose 5.3%, from 0.95x to 1.00x. While the level is below the sector norm, the recent improvement suggests liquidity pressure is easing rather than intensifying. This combination of a low-but-stable ratio with a positive quarterly move implies moderate risk, but no immediate solvency threat. The metric supports the overall NEUTRAL verdict, as the current ratio is neither a strong strength nor a clear weakness.

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