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Canaan (MEX:CAN) Debt-to-Revenue : 0.09 (As of Sep. 2024)


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What is Canaan Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Canaan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN28 Mil. Canaan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN504 Mil. Canaan's annualized Revenue for the quarter that ended in Sep. 2024 was MXN5,797 Mil. Canaan's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.09.


Canaan Debt-to-Revenue Historical Data

The historical data trend for Canaan's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canaan Debt-to-Revenue Chart

Canaan Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.11 0.14 0.01 0.01 0.01

Canaan Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.03 0.08 0.09

Competitive Comparison of Canaan's Debt-to-Revenue

For the Computer Hardware subindustry, Canaan's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canaan's Debt-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Canaan's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Canaan's Debt-to-Revenue falls into.



Canaan Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Canaan's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(20.641 + 3.565) / 3589.663
=0.01

Canaan's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(27.704 + 504.052) / 5797.456
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Canaan Debt-to-Revenue Related Terms

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Canaan Business Description

Traded in Other Exchanges
Address
28 Ayer Rajah Crescent No. 06-08, Singapore, SGP, S139959
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.