Canaan (CAN) Interest Coverage Ratio (2018 - 2026)
Canaan (CAN) posted quarterly Interest Coverage Ratio of 58.47 for Q1 2026, down 45.46% year-over-year from 107.21 in Q1 2025, and up 104.7% quarter-over-quarter from 28.56 in Q4 2025.
Canaan (CAN) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported Interest Coverage Ratio for 8 consecutive years, with 58.47 the latest figure, recorded in 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 0.66, up 63.68% from the prior year.
- Interest Coverage Ratio rose to 58.47 in Q1 2026 per CAN's latest filing, from 28.56 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3328.5 in Q2 2024 and bottomed at 69.92 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 447.4 across 4 years, with a median of 70.31 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 101.41% — and 2026, when it slumped 45.46%.
- Canaan's Interest Coverage Ratio stood at 69.92 in 2022, then jumped by 406.05% to 214.0 in 2024, then plunged by 86.65% to 28.56 in 2025, then surged by 104.7% to 58.47 in 2026.
- Business Quant data shows CAN's Interest Coverage Ratio at 58.47 in Q1 2026, 28.56 in Q4 2025, and 59.33 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 9.35 |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 59.37 |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 13.35 |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 14.26 |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 7.21 |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 0.07 |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 0.94 |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 7.09 |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 7.40 |
| 10 | Canaan | 1.81 Bn | 1.81 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, 2022 | -69.92 |
| Dec 31, 2021 | 4,947.95 |
| Jun 30, 2021 | -12,815.50 |
| Mar 31, 2021 | 59.60 |
| Dec 31, 2020 | 735.75 |
| Sep 30, 2020 | 118.28 |
| Jun 30, 2020 | 12.44 |
| Mar 31, 2020 | 60.02 |
| Dec 31, 2019 | -3.15 |
| Sep 30, 2019 | -32.56 |
| Jun 30, 2019 | 77.23 |
| Dec 31, 2018 | 0.82 |