Canaan annual current ratio
2019
2020
2021
2022
2023
2024
2025
Canaan Current Ratio Growth & History (CAN)
Canaan's current ratio was 3.31 for fiscal 2025.
View full Canaan company overviewCanaan annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.31 | 1.43 | +76.70% |
| 2024 | 2024-12-31 | 1.87 | −0.82 | −30.47% |
| 2023 | 2023-12-31 | 2.69 | −4.69 | −63.57% |
| 2022 | 2022-12-31 | 7.38 | 4.86 | +191.97% |
| 2021 | 2021-12-31 | 2.53 | 0.83 | +48.77% |
| 2020 | 2020-12-31 | 1.70 | −1.60 | −48.46% |
| 2019 | 2019-12-31 | 3.30 | — | — |
Canaan quarterly current ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.86 | 1.09 | +61.10% |
| Q1 2026 | 2026-03-31 | 3.34 | 1.84 | +122.78% |
| Q4 2025 | 2025-12-31 | 3.31 | 1.43 | +76.70% |
| Q3 2025 | 2025-09-30 | 1.85 | — | — |
| Q2 2025 | 2025-06-30 | 1.78 | — | — |
| Q1 2025 | 2025-03-31 | 1.50 | — | — |
| Q4 2024 | 2024-12-31 | 1.87 | −0.82 | −30.47% |
| Q4 2023 | 2023-12-31 | 2.69 | −4.69 | −63.57% |
| Q4 2022 | 2022-12-31 | 7.38 | 4.86 | +191.97% |
| Q4 2021 | 2021-12-31 | 2.53 | 0.83 | +48.77% |
| Q4 2020 | 2020-12-31 | 1.70 | −1.60 | −48.46% |
| Q4 2019 | 2019-12-31 | 3.30 | — | — |
Canaan current ratio trends
Over the last five fiscal years, Canaan's current ratio increased from 1.70 to 3.31, a change of 1.61. The latest reported quarter, Q2 2026, shows 2.86.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Canaan source filings ↗Community posts
Canaan reports quarterly net loss of almost $98 million
Canaan ($CAN) generated $31.9 million in second-quarter 2026 revenue, including $17.7 million from mining. Its net loss widened to $97.6 million from $11.1 million a year earlier. Inventory write-downs, equipment impairments and a decline i ...