Canaan (CAN) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.56 B

According to Canaan's latest financial reports the company has A$0.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Canaan - Net assets on balance sheet (from 2023 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.13 B	11.69%
2021-12-31	$A$0.11 B	789%
2020-12-31	$A$13.17 M	-34.67%
2019-12-31	$A$20.16 M	178.96%
2018-12-31	$A$7.22 M	-72.04%
2017-12-31	$A$25.85 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NVIDIA NVDA	A$87.22 B	15,277.31%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Canaan (CAN) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.56 B