Canoo Inc. financial data

Symbol
GOEV, GOEVW on Nasdaq
Industry
Motor Vehicle Parts & Accessories
Location
19951 Mariner Avenue, Torrance, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Hennessy Capital Acquisition Corp IV (to 12/18/2020)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 16.3 % -7.51%
Quick Ratio 4.11 % +69%
Debt-to-equity 153 % +17.3%
Return On Equity -66.1 % +58.6%
Return On Assets -26.2 % +62.3%
Operating Margin -12.3K % +77.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 96.8M shares -86.7%
Common Stock, Shares, Outstanding 87.2M shares -86.6%
Entity Public Float 206M USD -28.2%
Common Stock, Value, Issued 9K USD -86.2%
Weighted Average Number of Shares Outstanding, Basic 79.4M shares +194%
Weighted Average Number of Shares Outstanding, Diluted 93M shares +244%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.86M USD +259%
Cost of Revenue 3.49M USD -81.2%
Research and Development Expense 92.2M USD -39.3%
Costs and Expenses 227M USD -20.7%
Operating Income (Loss) -229M USD +20.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -141M USD +60.2%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -141M USD +60.2%
Earnings Per Share, Basic 9.57 USD/shares
Earnings Per Share, Diluted 9.23 USD/shares +92.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.53M USD -81.4%
Inventory, Net 9.91M USD +74.4%
Other Assets, Current 15.6M USD +36.3%
Assets, Current 29M USD -11.6%
Property, Plant and Equipment, Net 369M USD +0.06%
Operating Lease, Right-of-Use Asset 30.2M USD -18.6%
Other Assets, Noncurrent 5.7M USD +10.5%
Assets 523M USD -2.07%
Accounts Payable, Current 81M USD +3.81%
Accrued Liabilities, Current 75.1M USD +18.4%
Liabilities, Current 202M USD +7.84%
Operating Lease, Liability, Noncurrent 33.2M USD -9.21%
Other Liabilities, Noncurrent 702K USD
Liabilities 301M USD -18.3%
Retained Earnings (Accumulated Deficit) -1.59B USD -9.69%
Stockholders' Equity Attributable to Parent 222M USD +34%
Liabilities and Equity 523M USD -2.07%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -47.5M USD +29.3%
Net Cash Provided by (Used in) Financing Activities 49.8M USD -11.2%
Net Cash Provided by (Used in) Investing Activities -4.92M USD +73.3%
Common Stock, Shares Authorized 2B shares +100%
Common Stock, Shares, Issued 87.2M shares -86.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.66M USD +91%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 16.1M USD -29.2%
Deferred Tax Assets, Valuation Allowance 395M USD +24.9%
Deferred Tax Assets, Gross 408M USD +23.9%
Operating Lease, Liability 36.5M USD -7.56%
Depreciation 13.8M USD +4.15%
Payments to Acquire Property, Plant, and Equipment 4.92M USD -73.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -141M USD +60.2%
Lessee, Operating Lease, Liability, to be Paid 47.7M USD -10.4%
Property, Plant and Equipment, Gross 421M USD +2.09%
Operating Lease, Liability, Current 3.37M USD +12.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.5M USD -3.91%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.73M USD +2.78%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 11.2M USD -18.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.53M USD +0.51%
Deferred Tax Assets, Operating Loss Carryforwards 285M USD +10.7%
Preferred Stock, Shares Issued 62K shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 64.9M USD +22.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.81M USD +5.08%
Additional Paid in Capital 1.81B USD +11.6%
Preferred Stock, Shares Outstanding 62K shares
Deferred Tax Assets, Net of Valuation Allowance 13.2M USD -0.33%
Share-based Payment Arrangement, Expense 20.5M USD -51.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%