Canoo Holdings Stock Today

GOEVW Stock  USD 0.02  0  5.96%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
Canoo Holdings is selling for under 0.0221 as of the 21st of November 2024; that is 5.96 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0221. Canoo Holdings has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Canoo Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
16th of April 2019
Category
Consumer Cyclical
Canoo Holdings Ltd. designs and manufactures electric vehicles in California. The company founded in 2017 and is based in Torrance, California. Canoo Inc is traded on NASDAQ Exchange in the United States. More on Canoo Holdings

Moving against Canoo Stock

  0.77IP International PaperPairCorr
  0.74SW Smurfit WestRock plcPairCorr
  0.71DRVN Driven Brands HoldingsPairCorr
  0.48ELMSQ Electric Last MilePairCorr
  0.45DIIBF Dorel IndustriesPairCorr
  0.45WBUY WEBUY GLOBAL LTDPairCorr

Canoo Stock Highlights

Executive CEOAnthony Aquila
Business ConcentrationDiversified Metals & Mining, Auto Manufacturers, Consumer Cyclical, Materials, Metals & Mining, Materials, Materials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00360.0019
Way Up
Pretty Stable
Total Current Liabilities105.9 M184.4 M
Way Down
Slightly volatile
Non Current Liabilities Total74.2 M108 M
Way Down
Slightly volatile
Total Assets437.7 M542 M
Significantly Down
Slightly volatile
Total Current Assets30.9 M32.6 M
Notably Down
Slightly volatile
Canoo Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canoo Holdings' financial leverage. It provides some insight into what part of Canoo Holdings' total assets is financed by creditors.
Liquidity
Canoo Holdings has accumulated 89.99 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Canoo Holdings has a current ratio of 10.02, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Canoo Holdings' use of debt, we should always consider it together with its cash and equity.

End Period Cash Flow

9.78 Million
Canoo Holdings (GOEVW) is traded on NASDAQ Exchange in USA. It is located in 19951 Mariner Avenue, Torrance, CA, United States, 90503 and employs 651 people. Canoo Holdings is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.25 B. Canoo Holdings classifies itself under Metals & Mining sector and is part of Materials industry. Canoo Holdings has accumulated about 148.84 M in cash with (251.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canoo Holdings Probability Of Bankruptcy

Canoo Holdings Historical Income Statement

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. View More Fundamentals

Canoo Stock Against Markets

Canoo Holdings Corporate Management

Peter SavagianChief OfficerProfile
Richard KimChief OfficerProfile
Jonathan CFAVice RelationsProfile
Tony AquilaEx ChairmanProfile
Kunal BhallaCapital DevelopmentProfile
Michael CarterChief OfficerProfile
Agnes GomesKoizumiVice CommunicationsProfile

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.