Canoo Inc.

Canoo Inc.verified

GOEV

Price:

$0.45

Market Cap:

$43.55M

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.[Read more]

Industry

Auto - Manufacturers

IPO Date

2019-04-16

Stock Exchange

NASDAQ

Ticker

GOEV

The Current Ratio as of November 2024 (TTM) for Canoo Inc. (GOEV) is 0.14

According to Canoo Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.14. This represents a change of -12.10% compared to the average of 0.16 of the last 4 quarters.

Canoo Inc. (GOEV) Historical Current Ratio (quarterly & annually)

How has GOEV Current Ratio performed in the past?

The mean historical Current Ratio of Canoo Inc. over the last ten years is 5.17. The current 0.14 Current Ratio has changed 176.95% with respect to the historical average. Over the past ten years (40 quarters), GOEV's Current Ratio was at its highest in in the December 2020 quarter at 25.44. The Current Ratio was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

5.17

Median

1.19

Minimum

0.03

Maximum

25.44

Canoo Inc. (GOEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Canoo Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.73%

Maximum Annual Current Ratio = 25.44

Minimum Annual Increase = -91.59%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.18-26.37%
20220.24-88.79%
20212.14-91.59%
202025.44745.77%
20193.0110.73%

Canoo Inc. (GOEV) Average Current Ratio

How has GOEV Current Ratio performed in the past?

The current Current Ratio of Canoo Inc. (GOEV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.85

5-year avg

6.20

10-year avg

5.17

Canoo Inc. (GOEV) Current Ratio vs. Peers

How is GOEV’s Current Ratio compared to its peers?

Canoo Inc.’s Current Ratio is less than Lucid Group, Inc. (0), less than Lordstown Motors Corp. (3.71), less than Rivian Automotive, Inc. (36.94), less than Polestar Automotive Holding UK PLC (5.09), less than Mullen Automotive, Inc. (0.58), less than Arrival (0.53), less than Hyzon Motors Inc. (12.47), less than null (1.76),

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