Canaan annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
Canaan Debt-to-Equity Ratio Growth & History (CAN)
Canaan's debt-to-equity ratio was 0.13 for fiscal 2025.
View full Canaan company overviewCanaan annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.13 | 0.02 | +24.36% |
| 2024 | 2024-12-31 | 0.10 | 0.10 | +2364.59% |
| 2023 | 2023-12-31 | 0.00 | −0.00 | −33.72% |
| 2022 | 2022-12-31 | 0.01 | −0.00 | −31.34% |
| 2021 | 2021-12-31 | 0.01 | −0.11 | −92.32% |
| 2020 | 2020-12-31 | 0.12 | −0.06 | −34.07% |
| 2019 | 2019-12-31 | 0.18 | — | — |
Canaan quarterly debt-to-equity 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 | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.21 | −0.30 | −59.43% |
| Q1 2026 | 2026-03-31 | 0.15 | −0.80 | −84.32% |
| Q4 2025 | 2025-12-31 | 0.13 | 0.02 | +24.36% |
| Q3 2025 | 2025-09-30 | 0.24 | — | — |
| Q2 2025 | 2025-06-30 | 0.51 | — | — |
| Q1 2025 | 2025-03-31 | 0.94 | — | — |
| Q4 2024 | 2024-12-31 | 0.10 | 0.10 | +2364.59% |
| Q4 2023 | 2023-12-31 | 0.00 | −0.00 | −33.72% |
| Q4 2022 | 2022-12-31 | 0.01 | −0.00 | −31.34% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.11 | −92.32% |
| Q4 2020 | 2020-12-31 | 0.12 | −0.06 | −34.07% |
| Q4 2019 | 2019-12-31 | 0.18 | — | — |
Canaan debt-to-equity ratio trends
Over the last five fiscal years, Canaan's debt-to-equity ratio increased from 0.12 to 0.13, a change of 0.01. The latest reported quarter, Q2 2026, shows 0.21.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity 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 ...