Canaan (CAN) Interest Coverage Ratio (2019 - 2026)
Canaan (CAN) posted quarterly Interest Coverage Ratio of 58.47 for Q1 2026, down 45.46% YoY from 107.21 in Q1 2025, and up 104.7% sequentially from 28.56 in Q4 2025.
Canaan (CAN) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Canaan has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 58.47 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 45.46% year-over-year to 58.47; the TTM figure through Mar 2026 stood at 50.67 (down 77.54% YoY), while the FY2025 annual figure was 57.08, up 86.91% from the prior year.
- Interest Coverage Ratio improved to 58.47 in Q1 2026, from 28.56 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for CAN reached as high as 3328.5 in Q2 2024 and fell as low as 28.56 in Q4 2025.
- The 3-year median for Interest Coverage Ratio is 88.76 (2025), against an average of 512.06.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio tumbled 97.89% — and 2026, when it plunged 45.46%.
- A 3-year view of Interest Coverage Ratio shows it stood at 214.0 in 2024, then sank by 86.65% to 28.56 in 2025, then jumped by 104.7% to 58.47 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 58.47, 28.56, and 59.33 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 685.17 |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | - |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | - |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 31.32 |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 14.68 |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | - |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.71 |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | - |
| 10 | Canaan | 3.01 Bn | 3.01 Bn | -22.91 Mn | 58.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.47 |
| Dec 31, 2025 | 28.56 |
| Sep 30, 2025 | 59.33 |
| Jun 30, 2025 | 70.31 |
| Mar 31, 2025 | 107.21 |
| Dec 31, 2024 | 214.00 |
| Sep 30, 2024 | 230.14 |
| Jun 30, 2024 | 3,328.50 |
| Dec 31, 2021 | 4,881.56 |
| Jun 30, 2021 | -12,805.19 |
| Mar 31, 2021 | 60.24 |
| Dec 31, 2020 | 735.75 |
| Sep 30, 2020 | 118.28 |
| Jun 30, 2020 | 12.41 |
| Mar 31, 2020 | 60.02 |
| Sep 30, 2019 | -32.56 |
| Jun 30, 2019 | 77.23 |