CNQ Current Ratio Analysis
Higher than 58% of Energy sector peers
Updated 143h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to cover its short-term liabilities with its short-term assets; a ratio below 1.0x, like CNQ’s 0.95x, indicates that current liabilities exceed current assets, signaling potential liquidity pressure.
Sector Performance
58th percentileCNQ
0.95x
Sector Median
0.91x
Sector Avg
1.00x
Prior Period
0.98x(May 2026)
Deep Analysis
The current ratio measures a company’s ability to cover its short-term liabilities with its short-term assets; a ratio below 1.0x, like CNQ’s 0.95x, indicates that current liabilities exceed current assets, signaling potential liquidity pressure.
Against its Energy sector peers, CNQ’s ratio sits above the sector median of 0.90x and places it in the 59th percentile, meaning it has a stronger liquidity position than about 59% of comparable companies. The trend is limited to the most recent data: the year-over-year change is not available, while the quarter-over-quarter change shows a decline of 3.1% from 0.98x to 0.95x. This combination of a below‑1.0x level with a slight recent decline suggests a modest increase in short‑term risk, though the metric remains better than the sector median. The overall NEUTRAL verdict is supported: the current ratio is not alarming when viewed against peers, but the declining trend and sub‑1.0x level prevent a more bullish assessment.
Frequently Asked Questions
What does the Current Ratio tell investors about CNQ?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does CNQ's Current Ratio compare to its sector?
CNQ's Current Ratio of 0.95x compares to a Energy sector median of 0.91x, placing it in the 58th percentile.
Who are CNQ's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: PXD (0.90x), EPD (0.91x), APA (0.92x), ENB (0.81x), CHRD (1.02x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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0.95x
Sector Median
0.91x
Sector Avg
1.00x
How CNQ's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.