Canoo Common Stock vs Net Invested Capital Analysis

GOEVW Stock

USD 0.07 0 2.51%

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 Common Stock and its Net Invested Capital 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 tightly coupled 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.

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canoo Holdings Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Canoo Holdings' Common Stock and Net Invested Capital is 0.66. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital 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' Common Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Canoo Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., Canoo Holdings' Common Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 tightly coupled 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 likely to drop to 0.00 in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	8.9M	11.6M	13.2M	10.0M
Total Operating Expenses	449.9M	506.8M	252.5M	348.6M

Reconciled Depreciation Total Operating Expenses

Canoo Holdings fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Cash And Short Term Investments	Capital Surpluse	Total Liab	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments
Total Assets		0.75	0.96	0.99	-0.77	0.75	-0.03	0.69	0.94	0.9	-0.4	0.73	0.56	0.71	-0.84	0.72	-0.4	0.69	-0.68	0.64	0.68	0.88	-0.97	0.96	0.68	-0.97
Total Current Liabilities	0.75		0.59	0.72	-0.92	0.99	-0.05	0.08	0.87	0.9	-0.43	0.14	0.77	0.76	-0.46	0.96	-0.43	0.97	-0.07	0.02	0.97	0.93	-0.86	0.88	0.79	-0.85
Total Stockholder Equity	0.96	0.59		0.97	-0.6	0.6	-0.17	0.82	0.85	0.75	-0.3	0.85	0.39	0.57	-0.91	0.58	-0.3	0.51	-0.82	0.79	0.49	0.77	-0.9	0.88	0.54	-0.91
Net Tangible Assets	0.99	0.72	0.97		-0.72	0.72	-0.09	0.73	0.9	0.87	-0.34	0.76	0.52	0.67	-0.83	0.67	-0.34	0.66	-0.72	0.68	0.65	0.85	-0.95	0.95	0.63	-0.95
Retained Earnings	-0.77	-0.92	-0.6	-0.72		-0.89	-0.03	-0.08	-0.93	-0.92	0.74	-0.14	-0.93	-0.95	0.43	-0.87	0.74	-0.94	0.06	-0.02	-0.94	-0.95	0.88	-0.88	-0.96	0.87
Accounts Payable	0.75	0.99	0.6	0.72	-0.89		-0.07	0.12	0.86	0.88	-0.38	0.17	0.74	0.71	-0.48	0.94	-0.38	0.94	-0.11	0.06	0.94	0.92	-0.85	0.86	0.74	-0.85
Other Assets	-0.03	-0.05	-0.17	-0.09	-0.03	-0.07		-0.01	-0.1	0.2	0.05	-0.02	-0.06	0.01	0.08	-0.08	0.05	-0.08	0.05	-0.05	-0.08	-0.1	0.1	-0.1	-0.08	0.1
Cash And Short Term Investments	0.69	0.08	0.82	0.73	-0.08	0.12	-0.01		0.41	0.36	0.12	1.0	-0.13	0.09	-0.8	0.07	0.12	-0.04	-1.0	1.0	-0.05	0.29	-0.51	0.49	0.01	-0.52
Capital Surpluse	0.94	0.87	0.85	0.9	-0.93	0.86	-0.1	0.41		0.93	-0.62	0.47	0.78	0.87	-0.72	0.86	-0.62	0.85	-0.4	0.36	0.83	0.99	-0.99	0.98	0.87	-0.99
Total Liab	0.9	0.9	0.75	0.87	-0.92	0.88	0.2	0.36	0.93		-0.5	0.41	0.75	0.83	-0.6	0.83	-0.5	0.87	-0.34	0.3	0.87	0.92	-0.92	0.94	0.8	-0.92
Deferred Long Term Liab	-0.4	-0.43	-0.3	-0.34	0.74	-0.38	0.05	0.12	-0.62	-0.5		0.09	-0.86	-0.88	0.14	-0.43	1.0	-0.55	-0.15	0.16	-0.54	-0.6	0.53	-0.48	-0.88	0.52
Total Current Assets	0.73	0.14	0.85	0.76	-0.14	0.17	-0.02	1.0	0.47	0.41	0.09		-0.1	0.13	-0.85	0.15	0.09	0.02	-1.0	0.99	0.01	0.35	-0.56	0.54	0.06	-0.57
Short Term Debt	0.56	0.77	0.39	0.52	-0.93	0.74	-0.06	-0.13	0.78	0.75	-0.86	-0.1		0.95	-0.14	0.69	-0.86	0.86	0.17	-0.19	0.87	0.79	-0.7	0.7	0.96	-0.7
Common Stock	0.71	0.76	0.57	0.67	-0.95	0.71	0.01	0.09	0.87	0.83	-0.88	0.13	0.95		-0.36	0.71	-0.88	0.83	-0.06	0.03	0.83	0.86	-0.81	0.8	0.99	-0.81
Short Long Term Debt Total	-0.84	-0.46	-0.91	-0.83	0.43	-0.48	0.08	-0.8	-0.72	-0.6	0.14	-0.85	-0.14	-0.36		-0.56	0.14	-0.33	0.82	-0.77	-0.3	-0.67	0.79	-0.74	-0.35	0.79
Other Current Liab	0.72	0.96	0.58	0.67	-0.87	0.94	-0.08	0.07	0.86	0.83	-0.43	0.15	0.69	0.71	-0.56		-0.43	0.92	-0.08	0.01	0.9	0.93	-0.84	0.84	0.76	-0.84
Other Liab	-0.4	-0.43	-0.3	-0.34	0.74	-0.38	0.05	0.12	-0.62	-0.5	1.0	0.09	-0.86	-0.88	0.14	-0.43		-0.55	-0.15	0.16	-0.54	-0.6	0.53	-0.48	-0.88	0.52
Property Plant And Equipment Net	0.69	0.97	0.51	0.66	-0.94	0.94	-0.08	-0.04	0.85	0.87	-0.55	0.02	0.86	0.83	-0.33	0.92	-0.55		0.04	-0.1	1.0	0.91	-0.81	0.85	0.87	-0.8
Net Debt	-0.68	-0.07	-0.82	-0.72	0.06	-0.11	0.05	-1.0	-0.4	-0.34	-0.15	-1.0	0.17	-0.06	0.82	-0.08	-0.15	0.04		-1.0	0.06	-0.28	0.5	-0.48	0.01	0.51
Cash	0.64	0.02	0.79	0.68	-0.02	0.06	-0.05	1.0	0.36	0.3	0.16	0.99	-0.19	0.03	-0.77	0.01	0.16	-0.1	-1.0		-0.11	0.23	-0.46	0.44	-0.05	-0.46
Non Current Assets Total	0.68	0.97	0.49	0.65	-0.94	0.94	-0.08	-0.05	0.83	0.87	-0.54	0.01	0.87	0.83	-0.3	0.9	-0.54	1.0	0.06	-0.11		0.89	-0.79	0.83	0.86	-0.79
Non Currrent Assets Other	0.88	0.93	0.77	0.85	-0.95	0.92	-0.1	0.29	0.99	0.92	-0.6	0.35	0.79	0.86	-0.67	0.93	-0.6	0.91	-0.28	0.23	0.89		-0.97	0.96	0.88	-0.97
Long Term Debt	-0.97	-0.86	-0.9	-0.95	0.88	-0.85	0.1	-0.51	-0.99	-0.92	0.53	-0.56	-0.7	-0.81	0.79	-0.84	0.53	-0.81	0.5	-0.46	-0.79	-0.97		-0.98	-0.8	1.0
Common Stock Total Equity	0.96	0.88	0.88	0.95	-0.88	0.86	-0.1	0.49	0.98	0.94	-0.48	0.54	0.7	0.8	-0.74	0.84	-0.48	0.85	-0.48	0.44	0.83	0.96	-0.98		0.8	-0.98
Common Stock Shares Outstanding	0.68	0.79	0.54	0.63	-0.96	0.74	-0.08	0.01	0.87	0.8	-0.88	0.06	0.96	0.99	-0.35	0.76	-0.88	0.87	0.01	-0.05	0.86	0.88	-0.8	0.8		-0.8
Short Term Investments	-0.97	-0.85	-0.91	-0.95	0.87	-0.85	0.1	-0.52	-0.99	-0.92	0.52	-0.57	-0.7	-0.81	0.79	-0.84	0.52	-0.8	0.51	-0.46	-0.79	-0.97	1.0	-0.98	-0.8

Click cells to compare fundamentals

Canoo Holdings Account Relationship Matchups

Canoo Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	72.1M	753.5M	523.1M	496.5M	542.0M	437.7M
Total Current Liabilities	10.4M	27.9M	136.2M	218.3M	184.4M	105.9M
Total Stockholder Equity	(55.9M)	571.9M	344.0M	236.6M	249.6M	246.8M
Retained Earnings	(258.7M)	(348.5M)	(692.1M)	(1.2B)	(1.5B)	(1.4B)
Accounts Payable	2.3M	17.2M	52.3M	103.2M	65.3M	44.1M
Cash And Short Term Investments	29.0M	702.4M	224.7M	36.6M	10.3M	9.8M
Total Liab	127.9M	181.6M	179.1M	259.9M	292.4M	190.9M
Total Current Assets	31.3M	708.9M	291.3M	52.3M	32.6M	30.9M
Short Term Debt	368K	444K	788K	34.8M	54.3M	57.0M

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When determining whether Canoo Holdings is a strong investment it is important to analyze Canoo Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canoo Holdings' future performance. For an informed investment choice regarding Canoo Stock, refer to the following important reports:

How To Invest In Canoo

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Is Canoo Stock a good investment?

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What is Canoo Holdings' Net Worth?

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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 tightly coupled 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.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.

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Is Canoo Holdings' 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 Holdings. 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 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Revenue Per Share

0.035

Return On Assets

(0.32)

Return On Equity

(1.26)

The market value of Canoo Holdings 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 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Canoo Holdings' 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 Holdings' market value can be influenced by many factors that don't directly affect Canoo Holdings' 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 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Canoo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canoo Holdings' 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.

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Canoo Common Stock vs Net Invested Capital Analysis

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Common Stock

Net Invested Capital

Canoo Holdings fundamental ratios Correlations

Canoo Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canoo Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash	+ 1.0	Cash And Short Term Investments
Other Liab	+ 1.0	Deferred Long Term Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Term Investments	+ 1.0	Long Term Debt
Net Tangible Assets	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Current Assets
Net Debt	- 1.0	Cash And Short Term Investments
Short Term Investments	- 0.99	Capital Surpluse
Long Term Debt	- 0.99	Capital Surpluse
Short Term Investments	- 0.98	Common Stock Total Equity