Canaan (CAN) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹31.72 B

According to Canaan's latest financial reports the company has ₹31.72 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	$₹7.36 B	16.07%
2021-12-31	$₹6.34 B	756.23%
2020-12-31	$₹0.74 B	-26.54%
2019-12-31	$₹1.00 B	184.74%
2018-12-31	$₹0.35 B	-72.51%
2017-12-31	$₹1.28 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NVIDIA NVDA	₹4.879 T	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 : ₹31.72 B