Canoo Fixed Asset Turnover from 2010 to 2024

GOEV Stock  USD 0.37  0.03  7.50%   
Canoo Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0 in 2024. During the period from 2010 to 2024, Canoo Fixed Asset Turnover regression line of quarterly data had mean square error of  0.0003 and geometric mean of  0.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.002465
Current Value
0.002342
Quarterly Volatility
0.02488619
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.
  
Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Canoo Inc over the last few years. It is Canoo's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Canoo Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation56.05
Mean Deviation0.02
Median0.06
Standard Deviation0.02
Sample Variance0.0006
Range0.0567
R-Value(0.77)
Mean Square Error0.0003
R-Squared0.60
Significance0.0007
Slope(0)
Total Sum of Squares0.01

Canoo Fixed Asset Turnover History

2024 0.002342
2023 0.002465
2022 0.002144
2021 0.0118

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Canoo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Canoo Stock Analysis

When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.