Canaan (Canaan) Accumulated Depreciation : $0.0 Mil (As of Mar. 2024)

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What is Canaan Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Canaan's quarterly accumulated depreciation increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-86.1 Mil) but then stayed the same from Dec. 2023 ($-86.1 Mil) to Mar. 2024 ($0.0 Mil).

Canaan's annual accumulated depreciation increased from Dec. 2021 ($-3.8 Mil) to Dec. 2022 ($-35.0 Mil) and increased from Dec. 2022 ($-35.0 Mil) to Dec. 2023 ($-86.1 Mil).

Canaan Accumulated Depreciation Historical Data

The historical data trend for Canaan's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canaan Accumulated Depreciation Chart

Canaan Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-4.20

-3.74

-3.84

-34.99

-86.10

Canaan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-	-86.10	-

Canaan Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Canaan Accumulated Depreciation Related Terms

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Canaan (Canaan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Canaan Inc (NAS:CAN) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CAN:Mexico 35J:Germany

Address

28 Ayer Rajah Crescent No. 06-08, Singapore, SGP, S139959

Website

https://www.canaan-creative.com

Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.