Canoo Gross Profit Margin from 2010 to 2024

GOEV Stock  USD 0.45  0.03  6.25%   
Canoo Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, Canoo Gross Profit Margin regression line of quarterly data had r-squared of  0.48 and coefficient of variation of (255.95). View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
(19.90)
Current Value
(18.90)
Quarterly Volatility
8.06349224
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.
  
Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Canoo Inc over the last few years. It is Canoo's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Canoo Gross Profit Margin Regression Statistics

Arithmetic Mean(3.15)
Coefficient Of Variation(255.95)
Mean Deviation6.22
Median0.74
Standard Deviation8.06
Sample Variance65.02
Range20.6373
R-Value(0.70)
Mean Square Error36.08
R-Squared0.48
Significance0
Slope(1.26)
Total Sum of Squares910.28

Canoo Gross Profit Margin History

2024 -18.9
2023 -19.9
2022 -17.3

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Canoo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin(19.90)(18.90)

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Additional Tools for Canoo Stock Analysis

When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.