Canaan Inc - Asset Resilience Ratio
Canaan Inc (CAN) has an Asset Resilience Ratio of 0.64% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Canaan Inc's Asset Resilience Ratio has changed over time. Check Canaan Inc (CAN) strategic asset index to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Canaan Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Canaan Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $3.34 Million | 0.64% |
| Total Liquid Assets | $3.34 Million | 0.64% |
Asset Resilience Insights
- Limited Liquidity: Canaan Inc maintains only 0.64% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Canaan Inc Industry Peers by Asset Resilience Ratio
Compare Canaan Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Touax SCA
PA:ALPWG |
Computer Hardware | 0.44% |
|
Jooyontech
KO:044380 |
Computer Hardware | 9.69% |
|
Rocketdna Ltd
AU:RKT |
Computer Hardware | 34.17% |
|
333D Ltd
AU:T3D |
Computer Hardware | 23.77% |
|
Positivo Tecnologia S.A
SA:POSI3 |
Computer Hardware | 16.72% |
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415 |
Computer Hardware | 0.00% |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308 |
Computer Hardware | 0.36% |
|
Dawning Information Industry Co Ltd
SHG:603019 |
Computer Hardware | 0.00% |
Annual Asset Resilience Ratio for Canaan Inc (2017–2023)
The table below shows the annual Asset Resilience Ratio data for Canaan Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.76% | $3.75 Million | $493.30 Million | +0.27pp |
| 2022-12-31 | 0.49% | $22.98 Million | $4.73 Billion | +0.48pp |
| 2021-12-31 | 0.00% | $235.18K | $5.63 Billion | -6.02pp |
| 2020-12-31 | 6.02% | $62.36 Million | $1.04 Billion | +4.92pp |
| 2019-12-31 | 1.10% | $10.89 Million | $991.43 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $1.40 Billion | -- |
| 2017-12-31 | 7.57% | $91.13 Million | $1.20 Billion | -- |
About Canaan Inc
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Mala… Read more