Canoo Inc Stock Retained Earnings
| GOEV Stock | USD 3.17 0.23 6.76% |
Canoo Inc fundamentals help investors to digest information that contributes to Canoo's financial success or failures. It also enables traders to predict the movement of Canoo Stock. The fundamental analysis module provides a way to measure Canoo's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canoo stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -1.5 B | -1.4 B | |
| Retained Earnings Total Equity | -622.9 M | -654.1 M |
Canoo | Retained Earnings |
Canoo Inc Company Retained Earnings Analysis
Canoo's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Canoo Retained Earnings | (1.48 B) |
Most of Canoo's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canoo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canoo Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Canoo is extremely important. It helps to project a fair market value of Canoo Stock properly, considering its historical fundamentals such as Retained Earnings. Since Canoo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canoo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canoo's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Canoo Inc has a Retained Earnings of (1.48 Billion). This is 103.8% lower than that of the Automobiles sector and 100.09% lower than that of the Consumer Discretionary industry. The retained earnings for all United States stocks is 115.88% higher than that of the company.
Canoo Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canoo's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canoo could also be used in its relative valuation, which is a method of valuing Canoo by comparing valuation metrics of similar companies.Canoo is currently under evaluation in retained earnings category among related companies.
Canoo Fundamentals
| Return On Equity | -1.26 | ||||
| Return On Asset | -0.32 | ||||
| Operating Margin | (174.27) % | ||||
| Current Valuation | 328.34 M | ||||
| Shares Outstanding | 64.47 M | ||||
| Shares Owned By Insiders | 5.42 % | ||||
| Shares Owned By Institutions | 11.35 % | ||||
| Number Of Shares Shorted | 11.05 M | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 174.65 X | ||||
| Revenue | 886 K | ||||
| Gross Profit | 1.88 M | ||||
| EBITDA | (253.98 M) | ||||
| Net Income | (302.02 M) | ||||
| Cash And Equivalents | 36.48 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 89.99 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 0.39 X | ||||
| Book Value Per Share | 6.49 X | ||||
| Cash Flow From Operations | (251.13 M) | ||||
| Short Ratio | 0.68 X | ||||
| Earnings Per Share | (12.19) X | ||||
| Target Price | 12.86 | ||||
| Number Of Employees | 651 | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 219.21 M | ||||
| Total Asset | 542 M | ||||
| Retained Earnings | (1.48 B) | ||||
| Working Capital | (165.96 M) | ||||
| Net Asset | 542 M |
About Canoo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canoo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Canoo Investors Sentiment
The influence of Canoo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canoo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canoo's public news can be used to forecast risks associated with an investment in Canoo. The trend in average sentiment can be used to explain how an investor holding Canoo can time the market purely based on public headlines and social activities around Canoo Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canoo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canoo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canoo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canoo.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canoo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canoo's short interest history, or implied volatility extrapolated from Canoo options trading.
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Try AI Portfolio ArchitectCheck out Canoo Piotroski F Score and Canoo Altman Z Score analysis. Note that the Canoo Inc information on this page should be used as a complementary analysis to other Canoo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary 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.
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Is Canoo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canoo. If investors know Canoo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canoo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.19) | Revenue Per Share 0.035 | Return On Assets (0.32) | Return On Equity (1.26) |
The market value of Canoo Inc is measured differently than its book value, which is the value of Canoo that is recorded on the company's balance sheet. Investors also form their own opinion of Canoo's value that differs from its market value or its book value, called intrinsic value, which is Canoo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canoo's market value can be influenced by many factors that don't directly affect Canoo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canoo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canoo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canoo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.