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. Read debt load of Canaan Inc for a breakdown of total debt and financial obligations.
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. See net assets of Canaan Inc for net asset value and shareholders' equity analysis.
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 Canaan Inc stock valuation.
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 |
|---|---|---|
|
Wistron Corp
TW:3231 |
Computer Hardware | 0.67% |
|
Robotis Co.Ltd
KQ:108490 |
Computer Hardware | 28.58% |
|
ASolid Technology Co Ltd
TWO:6485 |
Computer Hardware | 1.04% |
|
Sun Max Tech Ltd
TW:6591 |
Computer Hardware | 0.00% |
|
Aroot Co. Ltd
KQ:096690 |
Computer Hardware | 1.60% |
|
Artois Nom.
PA:ARTO |
Computer Hardware | 30.62% |
|
Rocketdna Ltd
AU:RKT |
Computer Hardware | 21.99% |
|
333D Ltd
AU:T3D |
Computer Hardware | 3.70% |
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% | $3.35 Million | $690.00 Million | +0.46pp |
| 2021-12-31 | 0.03% | $235.18K | $884.74 Million | -5.99pp |
| 2020-12-31 | 6.02% | $9.56 Million | $158.76 Million | +4.91pp |
| 2019-12-31 | 1.11% | $11.01 Million | $991.43 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $1.40 Billion | -- |
| 2017-12-31 | 7.48% | $90.00 Million | $1.20 Billion | -- |
About Canaan Inc
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining bu… Read more