Canaan Inc. (CAN) quarterly balance sheet — complete assets, liabilities & equity history
Canaan Inc. (CAN) balance sheet — 9-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 310.56M | 355.91M | 433.29M | 517.36M | 421M | 435.15M | 334.02M | 307.49M | 335.99M | 320.42M | 363.68M | 349M | 432.46M | 520.11M | 3.84B | 5.02B | 5.69B | 5.77B | 5.27B | 3.84B |
| Cash & Short-Term Investments | 66.01M | 43.45M | 80.78M | 119.21M | 65.9M | 96.77M | 96.49M | 71.78M | 66.79M | 54.65M | 96.15M | 40.55M | 66.24M | 71.88M | 723.92M | 2B | 2.64B | 2.64B | 2.68B | 1.7B |
| Cash Only | 66.01M | 43.45M | 80.78M | 119.21M | 65.9M | 96.77M | 96.49M | 71.78M | 66.79M | 54.65M | 96.15M | 40.55M | 66.24M | 71.88M | 700.94M | 2B | 2.64B | 2.64B | 2.68B | 1.7B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.98M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 30.86M | 78.57M | 129.82M | 120.15M | 127.92M | 62.61M | 114.66M | 67.72M | 8.16M | 1.64M | 58.4M | 9.78M | 10.1M | 0 | 496.1M | 5.53M | 0 | 1K | 367.62K | 823.55K |
| Days Sales Outstanding | 156.01 | 149.57 | 58.58 | 75.73 | 86.51 | 96.37 | 94.51 | 47.42 | 6.2 | 77.98 | 63.91 | 27.46 | 12.44 | - | 45.5 | 3.49 | - | 0.01 | 0.03 | 0.04 |
| Inventory | 128.84M | 139.08M | 180.82M | 201.74M | 107.95M | 113.86M | 94.62M | 87.8M | 131.3M | 98.98M | 142.29M | 216.99M | 272.54M | 310.07M | 1.46B | 1.33B | 1.63B | 1.19B | 812.04M | 833.01M |
| Days Inventory Outstanding | 198.88 | 168.17 | 96.86 | 106.29 | 111.03 | 114.23 | 88.22 | 105.96 | 115.16 | 151.85 | 160.23 | 220.03 | 643.26 | 776.32 | 142.89 | 179.14 | 177.47 | 181.77 | 108.52 | 113.59 |
| Other Current Assets | 84.85M | 94.81M | 5.74M | 76.26M | 119.22M | 161.91M | 7.26M | 9.55M | 129.75M | -282.96K | 16.82M | 81.68M | 83.59M | 138.33M | 1.15B | 1.69B | 1.42B | 1.94B | 10.68M | 1.31B |
| Total Non-Current Assets | 135.69M | 176.16M | 169.59M | 152.64M | 171.18M | 130.4M | 128.99M | 194.64M | 189.55M | 212.79M | 129.62M | 114.82M | 106.78M | 112.8M | 892.11M | 556.51M | 507.36M | 476.36M | 358.65M | 86.04M |
| Property, Plant & Equipment | 29.48M | 53.53M | 46.91M | 63.72M | 72.69M | 43.99M | 43.66M | 43.52M | 45.99M | 51.21M | 31.16M | 36.28M | 53.46M | 72.31M | 618.45M | 355.23M | 357.11M | 340.53M | 216.4M | 57.32M |
| Fixed Asset Turnover | 0.77x | 1.25x | 3.55x | 2.21x | 1.72x | 1.89x | 2.04x | 1.64x | 1.48x | 0.85x | 1.46x | 0.74x | 1.17x | 0.16x | 1.04x | 0.41x | 4.74x | 4.59x | 15.96x | 25.36x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 583.02K | 636.02K | 689K | 742K | 795K | 848K | 901K | 954K | 1.01M | 1.06M | 7.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 101.6M | 121.3M | 2.85M | 2.81M | 2.79M | 2.79M | 2.78M | 2.85M | 2.81M | 2.81M | 2.82M | 2.78M | 2.77M | 2.91M | 19.82M | 19.99M | 19.99M | 20M | 19.99M | 20M |
| Other Non-Current Assets | 3.84M | 496.02K | 118.96M | 85.07M | 94.61M | 82.48M | 81.35M | 71.23M | 70.33M | 157.71M | 21.28M | 75.76M | 50.55M | 37.59M | 253.83M | 181.29M | 130.25M | 115.83M | 122.26M | 8.73M |
| Total Assets | 446.25M | 532.07M | 602.88M | 670M | 592.17M | 565.55M | 463.01M | 502.14M | 525.54M | 533.21M | 493.3M | 463.82M | 539.24M | 632.92M | 4.73B | 5.58B | 6.19B | 6.25B | 5.63B | 3.93B |
| Asset Turnover | 0.07x | 0.11x | 0.31x | 0.24x | 0.17x | 0.16x | 0.18x | 0.14x | 0.14x | 0.07x | 0.10x | 0.07x | 0.13x | 0.02x | 0.10x | 0.02x | 0.27x | 0.22x | 0.46x | 0.37x |
| Asset Growth % | -24.64% | -5.92% | 30.21% | 33.43% | 12.68% | 6.07% | -6.14% | 8.26% | -2.54% | -15.75% | -89.57% | -91.69% | -91.29% | -89.87% | -16.02% | 42.05% | 89% | 164.71% | 443.44% | 441.99% |
| Total Current Liabilities | 108.5M | 106.42M | 131.09M | 278.96M | 236.95M | 289.87M | 178.57M | 151.2M | 116.83M | 110.33M | 135.19M | 90.83M | 110.26M | 82.88M | 515.65M | 691.01M | 1.48B | 2.19B | 2.08B | 1.45B |
| Accounts Payable | 15.46M | 20.42M | 25.6M | 33.67M | 29.96M | 15.72M | 13.97M | 16.73M | 29.94M | 16.7M | 6.25M | 19.22M | 27.34M | 26.95M | 114.45M | 32.73M | 96.99M | 101.16M | 143.26M | 120.09M |
| Days Payables Outstanding | 26.63 | 24.19 | 15.01 | 21.84 | 22.87 | 16.27 | 14.85 | 22.57 | 23.32 | 14.44 | 11.36 | 20.93 | 59.93 | 61.98 | 7.54 | 7.87 | 12.47 | 22.16 | 17.37 | 18.23 |
| Short-Term Debt | 25.12M | 21.14M | 28.52M | 90.05M | 23.96M | 207.76M | 84.77M | 0 | 1.51M | 0 | 0 | 1.55M | 1.9M | 0 | 15.89M | 2.63M | 15.25M | 2.32M | 2.33M | 2.09M |
| Deferred Revenue (Current) | 4.11M | 7.74M | 14.88M | 86.91M | 5.97M | 17.52M | 24.25M | 16.24M | 50.59M | 38.86M | 26.8M | 5.63M | 8.32M | 0 | 0 | 0 | 1.02B | 0 | 0 | 0 |
| Other Current Liabilities | 51.99M | 2.07K | 15.51M | 0 | 116.65M | 0 | 2.14M | 56.06M | 20.44M | 6.93M | 70.64M | -1.61M | -1.74M | 15.57M | -6.4M | 534.86M | 181.04M | 1.92B | 1.11B | 1.02B |
| Current Ratio | 2.86x | 3.34x | 3.31x | 1.85x | 1.78x | 1.50x | 1.87x | 2.03x | 2.88x | 2.90x | 2.69x | 3.84x | 3.92x | 6.28x | 7.44x | 7.27x | 3.85x | 2.63x | 2.53x | 2.66x |
| Quick Ratio | 1.67x | 2.04x | 1.93x | 1.13x | 1.32x | 1.11x | 1.34x | 1.45x | 1.75x | 2.01x | 1.64x | 1.45x | 1.45x | 2.53x | 4.61x | 5.35x | 2.75x | 2.09x | 2.14x | 2.08x |
| Cash Conversion Cycle | 328.26 | 293.56 | 140.43 | 160.19 | 174.67 | 194.33 | 167.88 | 130.81 | 98.04 | 215.38 | 212.78 | 226.56 | 595.77 | - | 180.85 | 174.77 | - | 159.63 | 91.17 | 95.4 |
| Total Non-Current Liabilities | 45.04M | 43.71M | 34.43M | 11.14M | 31.63M | 31.05M | 18.19M | 35.13M | 30.52M | 11.84M | 9.92M | 9.78M | 2.22M | 2.59M | 13.97M | 18.73M | 16.89M | 85.12M | 88.43M | 18.72M |
| Long-Term Debt | 34.9M | 33.37M | 23.73M | 0 | 20.75M | 20.74M | 7.28M | 23.96M | 19.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 481.01K | 642.02K | 948K | 1.28M | 1.65M | 1.1M | 1.7M | 1.64M | 1.81M | 2.14M | 210K | 362K | 514K | 695K | 9.87M | 13.96M | 11.81M | 13.31M | 16.27M | 12.29M |
| Deferred Tax Liabilities | 99K | 108K | 117K | 126K | 135K | 144K | 153K | 162K | 171K | 180K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 9.56M | 9.59M | 370K | 9.73M | 9.09M | 9.07M | 9.2M | 83K | 9.36M | 9.55M | 516K | 9.43M | 1.7M | 1.9M | 4.1M | 4.82M | 5.08M | 71.81M | 72.34M | 6.38M |
| Total Liabilities | 153.54M | 150.13M | 165.52M | 290.1M | 268.57M | 320.92M | 196.76M | 186.33M | 147.34M | 122.17M | 145.11M | 100.62M | 112.47M | 85.47M | 533.52M | 709.74M | 1.49B | 2.28B | 2.17B | 1.47B |
| Total Debt | 60.5M | 56.55M | 54.9M | 93.01M | 48.19M | 231.02M | 94.99M | 27.01M | 24.03M | 3.75M | 1.43M | 1.92M | 2.42M | 3.05M | 25.73M | 32.66M | 27.05M | 28.01M | 31.07M | 25.82M |
| Net Debt | -5.51M | 13.1M | -25.88M | -26.2M | -17.71M | 134.25M | -1.5M | -44.78M | -42.76M | -50.9M | -94.73M | -40.19M | -65.72M | -68.83M | -691M | -1.97B | -2.63B | -2.61B | -2.65B | -1.67B |
| Debt / Equity | 0.21x | 0.15x | 0.13x | 0.24x | 0.15x | 0.94x | 0.36x | 0.09x | 0.06x | 0.01x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.68x | 0.04x | 0.31x | 0.03x | 0.06x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -342.65x | -3.91x | -29.38x | -2.17x | -3.59x |
| Interest Coverage | -124.36x | -94.56x | -18.03x | -66.61x | -25.71x | -243.23x | -28.23x | -233.27x | -3126.86x | - | - | - | - | - | - | - | - | - | 5864.60x | - |
| Total Equity | 292.72M | 381.94M | 437.37M | 379.9M | 323.6M | 244.64M | 266.25M | 315.81M | 378.2M | 411.04M | 348.19M | 363.2M | 426.76M | 547.45M | 4.19B | 4.87B | 4.7B | 3.97B | 3.46B | 2.46B |
| Equity Growth % | -9.54% | 56.13% | 64.27% | 20.3% | -14.44% | -40.48% | -23.53% | -13.05% | -11.38% | -24.92% | -91.7% | -92.54% | -90.92% | -86.21% | 21.32% | 97.76% | 153.2% | 586.93% | 699.57% | 353.18% |
| Book Value per Share | 0.40 | 0.55 | 0.69 | 0.73 | 0.81 | 0.76 | 0.93 | 1.14 | 1.38 | 1.66 | 1.93 | 2.13 | 2.52 | 3.28 | 25.02 | 28.30 | 27.27 | 23.06 | 19.68 | 14.14 |
| Total Shareholders' Equity | 292.72M | 381.94M | 437.37M | 379.9M | 323.6M | 244.64M | 266.25M | 315.81M | 378.2M | 411.04M | 348.19M | 363.2M | 426.76M | 547.45M | 4.16B | 4.87B | 4.7B | 3.97B | 3.46B | 2.46B |
| Common Stock | 1K | 1K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 986 | 1K | 1K | 1K | 1K | 1K |
| Retained Earnings | -847.14M | -749.53M | -660.76M | -575.72M | -547.98M | -536.92M | -450.49M | -357.59M | -282.01M | -224.86M | -219.63M | -65.68M | 14.4M | 124.9M | 1.33B | 1.84B | 1.79B | 1.18B | 802.3M | -558.29M |
| Treasury Stock | -20.26M | -34.57M | -37.17M | -38.85M | -42.65M | -57.05M | -57.05M | -57.05M | -57.05M | -57.05M | -57.05M | -57.05M | -57.05M | -57.05M | -390.94M | -307.92M | -230.29M | -193.41M | -231.68M | -65.51M |
| Accumulated OCI | -32.74M | -36.58M | -41.76M | -42.89M | -42.24M | -43.62M | -42.56M | -32.84M | -37.97M | -48.78M | -28.99M | -43.58M | -51.35M | -27.72M | -150.89M | 140.1M | 45.78M | -106.7M | -101.89M | 14.72M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |