Canaan Inc.
Equity & Debt
| Period | Long Term Debt | Share Holder Equity | Cash on Hand |
|---|---|---|---|
| Dec 2022 | — | $607.7M | — |
| Dec 2023 | — | $348.2M | $96.2M |
| Dec 2024 | $7.3M | $266.3M | $96.5M |
| Dec 2025 | $23.7M | $437.4M | $80.8M |
This is one of the keys to successful investing: focus on the companies, not on the stocks.