Canaan Inc
NASDAQ:CAN

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Canaan Inc
NASDAQ:CAN
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Price: 0.78 USD -1.76% Market Closed
Market Cap: 359.1m USD

Bankruptcy Probability

Canaan Inc's probability of bankruptcy is 4.1%, pointing to a small but noticeable default risk. The solvency score is 40/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

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Cash & ST Investments
+
3Y
-
5Y
-
10Y
-
Long-Term Investments
+
3Y
-7%
5Y
-
10Y
-
Debt
+
3Y
-
5Y
-24%
10Y
-

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

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All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.

Is Canaan Inc at risk of bankruptcy?

Canaan Inc's probability of bankruptcy is 4.1%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Canaan Inc have?

As of the latest report, Canaan Inc has total debt of 21m USD. This includes both short-term (0 USD) and long-term (21m USD) debt.

You can find a full breakdown on its Balance Sheet.

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