Canaan Inc.

Canaan Inc.verified

CAN

Price:

$0.9785

Market Cap:

$438.59M

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.

Industry

Computer Hardware

IPO Date

2019-11-20

Stock Exchange

NASDAQ

Ticker

CAN

The Current Ratio as of December 2025 (TTM) for Canaan Inc. (CAN) is 1.78

According to Canaan Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.78. This represents a change of -1.05% compared to the average of 1.80 of the last 4 quarters.

Canaan Inc. (CAN) Historical Current Ratio (quarterly & annually)

How has CAN Current Ratio performed in the past?

The mean historical Current Ratio of Canaan Inc. over the last ten years is 3.01. The current 1.78 Current Ratio has changed 5.79% 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.

Quarterly (TTM)
Annual

Average

3.01

Median

2.61

Minimum

1.18

Maximum

7.44

Canaan Inc. (CAN) Current Ratio by Quarter and Year

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 = 194.12%

Maximum Annual Current Ratio = 7.44

Minimum Annual Increase = -65.45%

Minimum Annual Current Ratio = 1.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.87-30.47%
20232.69-63.84%
20227.44194.12%
20212.5348.77%
20201.70-48.46%
20193.30180.02%
20181.18-65.45%

Canaan Inc. (CAN) Average Current Ratio

How has CAN Current Ratio performed in the past?

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

4.00

5-year avg

3.25

10-year avg

3.01

Canaan Inc. (CAN) Current Ratio vs. Peers

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

Canaan Inc.’s Current Ratio is less than Bumble Inc. (3.55), less than Wolfspeed, Inc. (7.73), less than BGIN BLOCKCHAIN Ltd (3.21), greater than Backblaze, Inc. (1.10), less than POET Technologies Inc. (2.30), less than Daily Journal Corporation (12.42), less than 3D Systems Corporation (2.73), greater than Sprout Social, Inc. (0.89), greater than Consensus Cloud Solutions, Inc. (1.49), greater than Domo, Inc. (0.49),

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