Canoo (GOEVW) Debt-to-Asset : 0.15 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Canoo Debt-to-Asset?

Canoo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $46.01 Mil. Canoo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $33.16 Mil. Canoo's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $523.29 Mil. Canoo's debt to asset for the quarter that ended in Sep. 2024 was 0.15.

Canoo Debt-to-Asset Historical Data

The historical data trend for Canoo's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canoo Debt-to-Asset Chart

Canoo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

1.39

0.03

0.15

0.16

Canoo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.22	0.16	0.18	0.16	0.15

Competitive Comparison of Canoo's Debt-to-Asset

For the Auto Manufacturers subindustry, Canoo's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canoo's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Canoo's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Canoo's Debt-to-Asset falls into.

Canoo Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canoo's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(51.18	+	35.722)	/	542.005
	=	0.16

Canoo's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(46.005	+	33.158)	/	523.289
	=	0.15

Canoo (NAS:GOEVW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Canoo Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Canoo's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Canoo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Canoo Inc (NAS:GOEVW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GOEV:USA

Address

19951 Mariner Avenue, Torrance, CA, USA, 90503

Website

https://www.canoo.com

Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.