Canoo Income Before Tax from 2010 to 2024

GOEV Stock  USD 0.38  0.01  2.70%   
Canoo Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about -317.1 M in 2024. During the period from 2010 to 2024, Canoo Income Before Tax regression line of quarterly data had r-squared of  0.34 and coefficient of variation of (43.70). View All Fundamentals
 
Income Before Tax  
First Reported
2019-03-31
Previous Quarter
-5 M
Current Value
3.3 M
Quarterly Volatility
54.9 M
 
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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Canoo Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Canoo income statement and is an important metric when analyzing Canoo Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Canoo's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Canoo Income Before Tax Regression Statistics

Arithmetic Mean(224,468,070)
Coefficient Of Variation(43.70)
Mean Deviation74,097,703
Median(182,360,000)
Standard Deviation98,091,231
Sample Variance9621.9T
Range397.9M
R-Value(0.58)
Mean Square Error6864.7T
R-Squared0.34
Significance0.02
Slope(12,742,751)
Total Sum of Squares134706.5T

Canoo Income Before Tax History

2024-317.1 M
2023-302 M
2022-487.7 M
2021-346.8 M
2020-89.8 M

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Income Before Tax, 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
Income Before Tax-302 M-317.1 M

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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.