Canaan Balance Sheet Health
Financial Health criteria checks 6/6
Canaan has a total shareholder equity of $348.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $493.3M and $145.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$99.90m |
| Equity | US$348.19m |
| Total liabilities | US$145.11m |
| Total assets | US$493.30m |
Recent financial health updates
No updates
Recent updates
Investors Still Waiting For A Pull Back In Canaan Inc. (NASDAQ:CAN)
Mar 01
Canaan Inc.: Riding The Bitcoin Wave - Not The Time To Be Bearish
Jan 15Canaan (NASDAQ:CAN) Will Want To Turn Around Its Return Trends
Apr 12Things Look Grim For Canaan Inc. (NASDAQ:CAN) After Today's Downgrade
Nov 18Canaan: Bitcoin Ties Overcome Any Chip Growth Potential, For Now
Sep 16Canaan Q2 2022 Earnings Preview
Aug 17Canaan lands Buy rating from HCW on improved equipment performance
Jul 07Canaan: The Unheard Of Computer Chip Stock
Jun 14Covid Bites Canaan In First Quarter, But Advance Orders Bode Well For Second
May 25This Canaan Inc. (NASDAQ:CAN) Analyst Is Way More Bearish Than They Used To Be
May 20We Think That There Are Issues Underlying Canaan's (NASDAQ:CAN) Earnings
May 10Canaan Turns To Bitcoin Mining Even As Crypto Hunters Face Mounting Challenges
Jan 11Canaan: Crypto Craze Volatility Likely To Spell Trouble
Oct 29Bitcoin Mining Machine Maker Canaan Plays Up Offshore Sales
Aug 16Canaan secures an order of 10,000 bitcoin mining machines
Jun 16Canaan: China Bitcoin Crackdown Spells Short-Term Trouble
Jun 08Canaan reports Q1 results
Jun 01Canaan nabs $93.6M in bitcoin mining machine order through strategic partnership with Genesis Digital Assets
Apr 28What Kind Of Shareholders Hold The Majority In Canaan Inc.'s (NASDAQ:CAN) Shares?
Mar 03Quick Take On Canaan Inc.'S Third Quarter Results
Dec 06Canaan reports Q3 results
Nov 30Canaan Inc. Third-Quarter Earnings Preview
Nov 25Canaan Profits From Bitcoin's Rise As Its AI Segment Waits
Nov 17Financial Position Analysis
Short Term Liabilities: CAN's short term assets ($363.7M) exceed its short term liabilities ($135.2M).
Long Term Liabilities: CAN's short term assets ($363.7M) exceed its long term liabilities ($9.9M).
Debt to Equity History and Analysis
Debt Level: CAN is debt free.
Reducing Debt: CAN has no debt compared to 5 years ago when its debt to equity ratio was 435.3%.
Debt Coverage: CAN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAN has no debt, therefore coverage of interest payments is not a concern.