Canoo Retained Earnings vs Total Stockholder Equity Analysis

GOEVW Stock  USD 0.02  0.000071  0.34%   
Canoo Holdings financial indicator trend analysis is way more than just evaluating Canoo Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canoo Holdings is a good investment. Please check the relationship between Canoo Holdings Retained Earnings and its Total Stockholder Equity accounts. 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canoo Holdings Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Canoo Holdings' Retained Earnings and Total Stockholder Equity is -0.6. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Canoo Holdings, assuming nothing else is changed. The correlation between historical values of Canoo Holdings' Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Canoo Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Canoo Holdings' Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Canoo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.Selling General Administrative is likely to drop to about 104 M in 2024. Tax Provision is expected to grow at the current pace this year
 2023 2024 (projected)
Depreciation And Amortization13.8M11.2M
Interest Income120.6M60.7M

Canoo Holdings fundamental ratios Correlations

0.750.960.99-0.770.75-0.030.690.940.9-0.40.730.560.71-0.840.72-0.40.69-0.680.640.680.86-0.970.960.68-0.97
0.750.590.72-0.920.99-0.050.080.870.9-0.430.140.770.76-0.460.96-0.430.97-0.070.020.970.92-0.860.880.79-0.85
0.960.590.97-0.60.6-0.170.820.850.75-0.30.850.390.57-0.910.58-0.30.51-0.820.790.490.75-0.90.880.54-0.91
0.990.720.97-0.720.72-0.090.730.90.87-0.340.760.520.67-0.830.67-0.340.66-0.720.680.650.82-0.950.950.63-0.95
-0.77-0.92-0.6-0.72-0.89-0.03-0.08-0.93-0.920.74-0.14-0.93-0.950.43-0.870.74-0.940.06-0.02-0.94-0.970.88-0.88-0.960.87
0.750.990.60.72-0.89-0.070.120.860.88-0.380.170.740.71-0.480.94-0.380.94-0.110.060.940.89-0.850.860.74-0.85
-0.03-0.05-0.17-0.09-0.03-0.07-0.01-0.10.20.05-0.02-0.060.010.08-0.080.05-0.080.05-0.05-0.08-0.090.1-0.1-0.080.1
0.690.080.820.73-0.080.12-0.010.410.360.121.0-0.130.09-0.80.070.12-0.04-1.01.0-0.050.25-0.510.490.01-0.52
0.940.870.850.9-0.930.86-0.10.410.93-0.620.470.780.87-0.720.86-0.620.85-0.40.360.830.98-0.990.980.87-0.99
0.90.90.750.87-0.920.880.20.360.93-0.50.410.750.83-0.60.83-0.50.87-0.340.30.870.92-0.920.940.8-0.92
-0.4-0.43-0.3-0.340.74-0.380.050.12-0.62-0.50.09-0.86-0.880.14-0.431.0-0.55-0.150.16-0.54-0.670.53-0.48-0.880.52
0.730.140.850.76-0.140.17-0.021.00.470.410.09-0.10.13-0.850.150.090.02-1.00.990.010.31-0.560.540.06-0.57
0.560.770.390.52-0.930.74-0.06-0.130.780.75-0.86-0.10.95-0.140.69-0.860.860.17-0.190.870.84-0.70.70.96-0.7
0.710.760.570.67-0.950.710.010.090.870.83-0.880.130.95-0.360.71-0.880.83-0.060.030.830.91-0.810.80.99-0.81
-0.84-0.46-0.91-0.830.43-0.480.08-0.8-0.72-0.60.14-0.85-0.14-0.36-0.560.14-0.330.82-0.77-0.3-0.620.79-0.74-0.350.79
0.720.960.580.67-0.870.94-0.080.070.860.83-0.430.150.690.71-0.56-0.430.92-0.080.010.90.91-0.840.840.76-0.84
-0.4-0.43-0.3-0.340.74-0.380.050.12-0.62-0.51.00.09-0.86-0.880.14-0.43-0.55-0.150.16-0.54-0.670.53-0.48-0.880.52
0.690.970.510.66-0.940.94-0.08-0.040.850.87-0.550.020.860.83-0.330.92-0.550.04-0.11.00.91-0.810.850.87-0.8
-0.68-0.07-0.82-0.720.06-0.110.05-1.0-0.4-0.34-0.15-1.00.17-0.060.82-0.08-0.150.04-1.00.06-0.240.5-0.480.010.51
0.640.020.790.68-0.020.06-0.051.00.360.30.160.99-0.190.03-0.770.010.16-0.1-1.0-0.110.19-0.460.44-0.05-0.46
0.680.970.490.65-0.940.94-0.08-0.050.830.87-0.540.010.870.83-0.30.9-0.541.00.06-0.110.9-0.790.830.86-0.79
0.860.920.750.82-0.970.89-0.090.250.980.92-0.670.310.840.91-0.620.91-0.670.91-0.240.190.9-0.960.950.92-0.95
-0.97-0.86-0.9-0.950.88-0.850.1-0.51-0.99-0.920.53-0.56-0.7-0.810.79-0.840.53-0.810.5-0.46-0.79-0.96-0.98-0.81.0
0.960.880.880.95-0.880.86-0.10.490.980.94-0.480.540.70.8-0.740.84-0.480.85-0.480.440.830.95-0.980.8-0.98
0.680.790.540.63-0.960.74-0.080.010.870.8-0.880.060.960.99-0.350.76-0.880.870.01-0.050.860.92-0.80.8-0.8
-0.97-0.85-0.91-0.950.87-0.850.1-0.52-0.99-0.920.52-0.57-0.7-0.810.79-0.840.52-0.80.51-0.46-0.79-0.951.0-0.98-0.8
Click cells to compare fundamentals

Canoo Holdings Account Relationship Matchups

Canoo Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.1M753.5M523.1M496.5M542.0M437.7M
Total Current Liabilities10.4M27.9M136.2M218.3M184.4M105.9M
Total Stockholder Equity(55.9M)571.9M344.0M236.6M249.6M246.8M
Retained Earnings(258.7M)(348.5M)(692.1M)(1.2B)(1.5B)(1.4B)
Accounts Payable2.3M17.2M52.3M103.2M65.3M44.1M
Cash And Short Term Investments29.0M702.4M224.7M36.6M10.3M9.8M
Total Liab127.9M181.6M179.1M259.9M292.4M190.9M
Total Current Assets31.3M708.9M291.3M52.3M32.6M30.9M
Short Term Debt368K444K788K34.8M54.3M57.0M

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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.