Canoo Income Tax Expense from 2010 to 2024

GOEV Stock  USD 0.38  0.01  2.70%   
Canoo Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Canoo Income Tax Expense regression line of quarterly data had mean square error of 764 T and geometric mean of  833,180. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
1
Current Value
1.05
Quarterly Volatility
29.4 M
 
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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Canoo Inc over the last few years. It is Canoo's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Canoo Income Tax Expense Regression Statistics

Arithmetic Mean(1,388,267)
Geometric Mean833,180
Coefficient Of Variation(2,117)
Mean Deviation16,198,596
Median10,344,000
Standard Deviation29,383,694
Sample Variance863.4T
Range113.3M
R-Value(0.42)
Mean Square Error764T
R-Squared0.18
Significance0.12
Slope(2,775,050)
Total Sum of Squares12087.6T

Canoo Income Tax Expense History

2024 1.05
2023 1.0
2022-21.4 M
2021-102.9 M
2020 2000.0

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Income Tax Expense, 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 Tax Expense 1.00  1.05 

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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.