Canoo Net Tangible Assets from 2010 to 2024

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Canoo Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 220.2 M in 2024. Net Tangible Assets is the total assets of Canoo Inc minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
272.1 M
Current Value
220.2 M
Quarterly Volatility
219.3 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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Canoo Inc over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Canoo's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Canoo Net Tangible Assets Regression Statistics

Arithmetic Mean48,644,909
Geometric Mean136,168,077
Coefficient Of Variation450.88
Mean Deviation186,866,945
Median(95,465,000)
Standard Deviation219,331,890
Sample Variance48106.5T
Range667.3M
R-Value0.72
Mean Square Error24803.4T
R-Squared0.52
Significance0
Slope35,408,155
Total Sum of Squares673490.7T

Canoo Net Tangible Assets History

2024220.2 M
2023272.1 M
2022236.6 M
2021344 M
2020571.9 M
2019-55.9 M

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Net Tangible Assets, 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
Net Tangible Assets272.1 M220.2 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.