Canaan Debt-to-Assets Ratio Growth & History (CAN)
Canaan's debt-to-assets ratio was 0.09 for fiscal 2025.
View full Canaan company overviewCanaan annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | 0.03 | +56.89% |
| 2024 | 2024-12-31 | 0.06 | 0.06 | +1907.92% |
| 2023 | 2023-12-31 | 0.00 | −0.00 | −47.27% |
| 2022 | 2022-12-31 | 0.01 | −0.00 | −0.75% |
| 2021 | 2021-12-31 | 0.01 | −0.04 | −88.71% |
| 2020 | 2020-12-31 | 0.05 | −0.08 | −60.62% |
| 2019 | 2019-12-31 | 0.12 | — | — |
Canaan quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.14 | −0.14 | −51.30% |
| Q1 2026 | 2026-03-31 | 0.11 | −0.30 | −73.98% |
| Q4 2025 | 2025-12-31 | 0.09 | 0.03 | +56.89% |
| Q3 2025 | 2025-09-30 | 0.14 | — | — |
| Q2 2025 | 2025-06-30 | 0.28 | — | — |
| Q1 2025 | 2025-03-31 | 0.41 | — | — |
| Q4 2024 | 2024-12-31 | 0.06 | 0.06 | +1907.92% |
| Q4 2023 | 2023-12-31 | 0.00 | −0.00 | −47.27% |
| Q4 2022 | 2022-12-31 | 0.01 | −0.00 | −0.75% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.04 | −88.71% |
| Q4 2020 | 2020-12-31 | 0.05 | −0.08 | −60.62% |
| Q4 2019 | 2019-12-31 | 0.12 | — | — |
Canaan debt-to-assets ratio trends
Over the last five fiscal years, Canaan's debt-to-assets ratio increased from 0.05 to 0.09, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.14.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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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 ...