Canoo (GOEV) Total Equity: $221.96 Mil (As of Sep. 2024)


GOEV Canoo Inc GOEV
23 GF Score
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What is Canoo Total Equity?

Canoo GOEV 23 Total Equity is $221.96 Mil as of Sep. 2024. GuruFocus rates GOEV with a GF Score™ of 23/100.

Canoo's total equity for the quarter that ended in Sep. 2024 was $221.96 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Canoo Total Equity Historical Data

* Premium members only.

The historical data trend for Canoo's Total Equity 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 Total Equity Chart

Canoo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Equity
-55.87 565.24 344.00 236.57 249.58

Canoo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Equity 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 165.65 249.58 184.26 196.30 221.96
GOEV
23GF Score
Canoo Inc GOEV
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Canoo Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Canoo's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=542.005-292.429
=249.58

Canoo's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity=Total Assets(Q: Sep. 2024 )-Total Liabilities(Q: Sep. 2024 )
=523.289-301.33
=221.96

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $221.96 Mil mean?
Canoo (GOEV) has a Total Equity of $221.96 Mil as of Sep. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Canoo and its competitors.
Is Canoo's Total Equity too high?
Canoo's current Total Equity is $221.96 Mil. Overall, Canoo has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Canoo's Total Equity compare to DMN and EVTV?
Canoo's Total Equity of $221.96 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 Total Equity for a Vehicles & Parts company?
A good Total Equity depends on the Vehicles & Parts industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Canoo and its competitors. Canoo's current Total Equity is $221.96 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 Total Equity of $221.96 Mil. The current Total Equity is $221.96 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 Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Canoo (GOEV), the current Total Equity is $221.96 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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Total Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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