Canoo (GOEV) Other Operating Expense: $13.72 Mil (TTM As of Sep. 2024)

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GOEV Canoo Inc GOEV
23 GF Score
Price $0.37
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What is Canoo Other Operating Expense?

Canoo GOEV 23 Other Operating Expense is $13.72 Mil as of Sep. 2024. GuruFocus rates GOEV with a GF Score™ of 23/100.

Canoo's Other Operating Expense for the three months ended in Sep. 2024 was $3.75 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was $13.72 Mil.

Canoo's quarterly Other Operating Expense declined from Mar. 2024 ($3.39 Mil) to Jun. 2024 ($3.36 Mil) but then increased from Jun. 2024 ($3.36 Mil) to Sep. 2024 ($3.75 Mil).

Canoo's annual Other Operating Expense increased from Dec. 2021 ($8.92 Mil) to Dec. 2022 ($11.55 Mil) and increased from Dec. 2022 ($11.55 Mil) to Dec. 2023 ($13.84 Mil).

Canoo Other Operating Expense Historical Data

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The historical data trend for Canoo's Other Operating Expense 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.

Canoo Other Operating Expense Chart

Canoo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Operating Expense
4.73 7.12 8.92 11.55 13.84

Canoo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 3.21 3.39 3.36 3.75
GOEV
23GF Score
Canoo Inc GOEV
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Canoo Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.72 Mil.

* 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.

What does a Other Operating Expense of $13.72 Mil mean?
Canoo (GOEV) has a Other Operating Expense of $13.72 Mil as of Sep. 2024. Other operating expenses that a company records on its income statement. View historical data on Canoo and its competitors.
Is Canoo's Other Operating Expense too high?
Canoo's current Other Operating Expense is $13.72 Mil. Overall, Canoo has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Canoo's Other Operating Expense compare to DMN and EVTV?
Canoo's Other Operating Expense of $13.72 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Vehicles & Parts company?
A good Other Operating Expense depends on the Vehicles & Parts industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Canoo and its competitors. Canoo's current Other Operating Expense is $13.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canoo stock overvalued right now?
Canoo (GOEV) has a current Other Operating Expense of $13.72 Mil. The current Other Operating Expense is $13.72 Mil. Canoo's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Canoo (GOEV), the current Other Operating Expense is $13.72 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canoo Business Description

Address 19951 Mariner Avenue, Torrance, CA, USA, 90503
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.
23GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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