Canaan (CAN) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.51 B

According to Canaan's latest financial reports the company has C$0.51 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	$C$0.12 B	12.08%
2021-12-31	$C$0.10 B	732.52%
2020-12-31	$C$12.94 M	-29.55%
2019-12-31	$C$18.37 M	164.43%
2018-12-31	$C$6.94 M	-72.62%
2017-12-31	$C$25.37 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NVIDIA NVDA	C$78.88 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 : C$0.51 B