Canoo Current Ratio from 2010 to 2024

GOEV Stock  USD 0.54  0.08  12.90%   
Canoo Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.17 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.17647888
Current Value
0.17
Quarterly Volatility
6.51911543
 
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Canoo Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Canoo's Current Ratio 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.
ViewLast Reported 0.39 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Canoo Current Ratio Regression Statistics

Arithmetic Mean2.09
Geometric Mean0.12
Coefficient Of Variation311.23
Mean Deviation3.24
Median0.03
Standard Deviation6.52
Sample Variance42.50
Range25.4095
R-Value0.23
Mean Square Error43.36
R-Squared0.05
Significance0.41
Slope0.33
Total Sum of Squares594.98

Canoo Current Ratio History

2024 0.17
2023 0.18
2022 0.24
2021 2.14
2020 25.44
2019 3.01

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Current Ratio, 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
Current Ratio 0.18  0.17 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.