Cann Group Limited

Cann Group Limitedverified

CAN.AX

Price:

$0.038

Market Cap:

$20.36M

Cann Group Limited engages in the breeding, cultivation, production, manufacturing, clinical evaluation, and supplying medicinal cannabis for sale and use within Australia and for overseas export markets. It licenses to undertake research and to cultivate cannabis for human medicinal and research purposes. The company was founded in 2014 and is based in Port Melbourne, Australia.[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2017-05-05

Stock Exchange

ASX

Ticker

CAN.AX

The Current Ratio as of January 2025 (TTM) for Cann Group Limited (CAN.AX) is 0.21

According to Cann Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.21. This represents a change of -68.69% compared to the average of 0.66 of the last 4 quarters.

Cann Group Limited (CAN.AX) Historical Current Ratio (quarterly & annually)

How has CAN.AX Current Ratio performed in the past?

The mean historical Current Ratio of Cann Group Limited over the last ten years is 15.03. The current 0.21 Current Ratio has changed 38.30% with respect to the historical average. Over the past ten years (40 quarters), CAN.AX's Current Ratio was at its highest in in the June 2018 quarter at 89.32. The Current Ratio was at its lowest in in the January 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

15.03

Median

4.71

Minimum

0.21

Maximum

89.32

Cann Group Limited (CAN.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cann Group Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 286.19%

Maximum Annual Current Ratio = 89.32

Minimum Annual Increase = -87.98%

Minimum Annual Current Ratio = 0.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.21-76.09%
20230.87-48.76%
20221.70-25.91%
20212.2918.58%
20201.93-82.02%
201910.74-87.98%
201889.32211.65%
201728.66286.19%
20167.424.11%

Cann Group Limited (CAN.AX) Average Current Ratio

How has CAN.AX Current Ratio performed in the past?

The current Current Ratio of Cann Group Limited (CAN.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.92

5-year avg

1.40

10-year avg

15.03

Cann Group Limited (CAN.AX) Current Ratio vs. Peers

How is CAN.AX’s Current Ratio compared to its peers?

Cann Group Limited’s Current Ratio is less than Creso Pharma Limited (0.76), less than Althea Group Holdings Limited (0.64), less than Elixinol Wellness Limited (1.81), less than MGC Pharmaceuticals Limited (0.76), less than Zelira Therapeutics Limited (0.60),

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