CAN
Price:
$2.085
Market Cap:
$570.75M
Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.[Read more]
Industry
Computer Hardware
IPO Date
2019-11-20
Stock Exchange
NASDAQ
Ticker
CAN
According to Canaan Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of -22.55% compared to the average of 2.63 of the last 4 quarters.
The mean historical Current Ratio of Canaan Inc. over the last ten years is 3.17. The current 2.03 Current Ratio has changed 6.32% with respect to the historical average. Over the past ten years (40 quarters), CAN's Current Ratio was at its highest in in the December 2022 quarter at 7.38. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
3.17
Median
2.69
Minimum
1.18
Maximum
7.38
Discovering the peaks and valleys of Canaan 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 = 191.97%
Maximum Annual Current Ratio = 7.38
Minimum Annual Increase = -65.45%
Minimum Annual Current Ratio = 1.18
Year | Current Ratio | Change |
---|---|---|
2023 | 2.69 | -63.57% |
2022 | 7.38 | 191.97% |
2021 | 2.53 | 48.77% |
2020 | 1.70 | -48.46% |
2019 | 3.30 | 180.02% |
2018 | 1.18 | -65.45% |
The current Current Ratio of Canaan Inc. (CAN) 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
4.20
5-year avg
3.52
10-year avg
3.17
Canaan Inc.’s Current Ratio is less than 3D Systems Corporation (3.31), greater than NetApp, Inc. (0.91), less than Rigetti Computing, Inc. (4.84), less than Logitech International S.A. (2.21), less than Stratasys Ltd. (3.07), less than Desktop Metal, Inc. (2.34), greater than HP Inc. (0.72), less than Nano Dimension Ltd. (28.65), less than IonQ, Inc. (12.23), greater than D-Wave Quantum Inc. (1.36), greater than Velo3D, Inc. (1.69), greater than Dell Technologies Inc. (0.77), less than Super Micro Computer, Inc. (3.77), greater than Pure Storage, Inc. (1.77),
Company | Current Ratio | Market cap |
---|---|---|
3.31 | $463.82M | |
0.91 | $23.98B | |
4.84 | $2.65B | |
2.21 | $12.18B | |
3.07 | $662.84M | |
2.34 | $77.19M | |
0.72 | $30.93B | |
28.65 | $536.04M | |
12.23 | $9.01B | |
1.36 | $2.29B | |
1.69 | $11.04M | |
0.77 | $83.18B | |
3.77 | $18.76B | |
1.77 | $20.92B |
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