Canaan (CAN) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹31.94 Billion

According to Canaan's latest financial reports the company has ₹31.94 Billion 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	16.22%
2021-12-31	$₹6.33 B	753.75%
2020-12-31	$₹0.74 B	-26.55%
2019-12-31	$₹1.01 B	183.79%
2018-12-31	$₹0.35 B	-72.36%
2017-12-31	$₹1.28 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NVIDIA NVDA	₹4.912 T	15,277.31%	🇺🇸 USA

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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 : ₹31.94 Billion