Canoo Historical Income Statement
GOEVW Stock | USD 0.02 0 5.96% |
Historical analysis of Canoo Holdings income statement accounts such as Tax Provision of 0.0 or Interest Income of 60.7 M can show how well Canoo Holdings performed in making a profits. Evaluating Canoo Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canoo Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Canoo Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canoo Holdings is a good buy for the upcoming year.
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About Canoo Income Statement Analysis
Canoo Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canoo Holdings shareholders. The income statement also shows Canoo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Canoo Holdings Income Statement Chart
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Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Canoo Holdings financial statement analysis. It represents the amount of money remaining after all of Canoo Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canoo Holdings. It is also known as Canoo Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Canoo Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canoo Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Canoo Stock please use our How to Invest in Canoo Holdings guide.At this time, Canoo Holdings' Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 352.3 M in 2024, whereas Operating Income is likely to drop (281.2 M) in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 13.8M | 11.2M | Interest Income | 120.6M | 60.7M |
Canoo Holdings income statement Correlations
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Canoo Holdings Account Relationship Matchups
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Canoo Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 3.3M | 51.6M | 194.7M | 196.0M | 121.6M | 104.0M | |
Operating Income | (173.7M) | (199.7M) | (449.9M) | (506.8M) | (267.8M) | (281.2M) | |
Ebit | (173.7M) | (207.5M) | (346.8M) | (485.4M) | (296.5M) | (311.3M) | |
Income Before Tax | (182.4M) | (89.8M) | (346.8M) | (487.7M) | (302.0M) | (317.1M) | |
Net Income | (192.7M) | (89.8M) | (243.9M) | (466.3M) | (302.0M) | (317.1M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Canoo Stock Analysis
When running Canoo Holdings' price analysis, check to measure Canoo Holdings' 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 Holdings is operating at the current time. Most of Canoo Holdings' value examination focuses on studying past and present price action to predict the probability of Canoo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo Holdings' price. Additionally, you may evaluate how the addition of Canoo Holdings to your portfolios can decrease your overall portfolio volatility.