CannLabs, Inc.

CannLabs, Inc. - Current Ratioverified

CANL

Price:

$0.0001

Market Cap:

$93.32K

CannLabs, Inc. provides cannabis testing laboratory services in the United States. Its testing services include potency testing, residual solvent analysis, microbiological testing, pesticide testing, heavy metals testing, nutrient analysis, terpenes analysis, shelf-life/stability studies, gene expression testing, and genotyping/phenotyping testing. The company also offers data/analytics and consulting, as well as education services. CannLabs, Inc. was incorporated in 2010 and is based in Denver, Colorado.

Industry

Specialty Business Services

IPO Date

2012-12-10

Stock Exchange

OTC

Ticker

CANL

The Current Ratio as of July 2026 (TTM) for CannLabs, Inc. (CANL) is 23.93

According to CannLabs, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.93. This represents a change of -43.74% compared to the average of 42.54 of the last 4 quarters.

CannLabs, Inc. (CANL) Historical Current Ratio (quarterly & annually)

How has CANL Current Ratio performed in the past?

The mean historical Current Ratio of CannLabs, Inc. over the last ten years is 14.60. The current 23.93 Current Ratio has changed 16.29% with respect to the historical average. Over the past ten years (40 quarters), CANL's Current Ratio was at its highest in in the June 2021 quarter at 79.25. The Current Ratio was at its lowest in in the September 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

14.60

Median

0.24

Minimum

0

Maximum

54.86

CannLabs, Inc. (CANL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CannLabs, Inc. 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 = Infinity%

Maximum Annual Current Ratio = 54.86

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
202223.93-53.97%
202152.00-5.22%
202054.86286.41%
201914.208.07%
20180.170%
20170.170%
20160.170%
20140.17-44.81%
20130.31Infinity%
20120-100.00%

CannLabs, Inc. (CANL) Average Current Ratio

How has CANL Current Ratio performed in the past?

The current Current Ratio of CannLabs, Inc. (CANL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

43.60

5-year avg

29.03

10-year avg

14.60

CannLabs, Inc. (CANL) Current Ratio vs. Peers

How is CANL’s Current Ratio compared to its peers?

CannLabs, Inc.’s Current Ratio is greater than Parallel Industries Inc. (0.69), greater than The Greater Cannabis Company, Inc. (0.00), greater than Advantis Corp. (0.49), greater than Black Bird Biotech, Inc. (0.16), greater than Love Hemp Group Plc (3.05), greater than Street Capital Inc. (0.36), greater than Adastra Holdings Ltd. (0.38), greater than Green Rain Energy Holdings Inc. (1.78), greater than Transnational Cannabis Ltd. (1.40), greater than Item 9 Labs Corp. (0.09),

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