Canoo Net Profit Margin vs Gross Profit Margin Analysis

GOEVW Stock

USD 0.02 0.01 28.57%

Canoo Holdings financial indicator trend analysis is way more than just evaluating Canoo Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canoo Holdings is a good investment. Please check the relationship between Canoo Holdings Net Profit Margin and its Gross Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Canoo Stock please use our How to Invest in Canoo Holdings guide.

Net Profit Margin vs Gross Profit Margin

Net Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canoo Holdings Net Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have totally related.

The correlation between Canoo Holdings' Net Profit Margin and Gross Profit Margin is 0.99. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Canoo Holdings, assuming nothing else is changed. The correlation between historical values of Canoo Holdings' Net Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Canoo Holdings are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Profit Margin i.e., Canoo Holdings' Net Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.

Gross Profit Margin

Most indicators from Canoo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canoo Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Canoo Stock please use our How to Invest in Canoo Holdings guide.Selling General Administrative is likely to drop to about 104 M in 2024. Tax Provision is expected to grow at the current pace this year

	2023	2024 (projected)
Depreciation And Amortization	13.8M	11.2M
Interest Income	120.6M	60.7M

Depreciation And Amortization Interest Income

Canoo Holdings fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Cash And Short Term Investments	Capital Surpluse	Total Liab	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments
Total Assets		0.75	0.96	0.99	-0.77	0.75	-0.03	0.69	0.94	0.9	-0.4	0.73	0.56	0.71	-0.84	0.72	-0.4	0.69	-0.68	0.64	0.68	0.86	-0.97	0.96	0.68	-0.97
Total Current Liabilities	0.75		0.59	0.72	-0.92	0.99	-0.05	0.08	0.87	0.9	-0.43	0.14	0.77	0.76	-0.46	0.96	-0.43	0.97	-0.07	0.02	0.97	0.92	-0.86	0.88	0.79	-0.85
Total Stockholder Equity	0.96	0.59		0.97	-0.6	0.6	-0.17	0.82	0.85	0.75	-0.3	0.85	0.39	0.57	-0.91	0.58	-0.3	0.51	-0.82	0.79	0.49	0.75	-0.9	0.88	0.54	-0.91
Net Tangible Assets	0.99	0.72	0.97		-0.72	0.72	-0.09	0.73	0.9	0.87	-0.34	0.76	0.52	0.67	-0.83	0.67	-0.34	0.66	-0.72	0.68	0.65	0.82	-0.95	0.95	0.63	-0.95
Retained Earnings	-0.77	-0.92	-0.6	-0.72		-0.89	-0.03	-0.08	-0.93	-0.92	0.74	-0.14	-0.93	-0.95	0.43	-0.87	0.74	-0.94	0.06	-0.02	-0.94	-0.97	0.88	-0.88	-0.96	0.87
Accounts Payable	0.75	0.99	0.6	0.72	-0.89		-0.07	0.12	0.86	0.88	-0.38	0.17	0.74	0.71	-0.48	0.94	-0.38	0.94	-0.11	0.06	0.94	0.89	-0.85	0.86	0.74	-0.85
Other Assets	-0.03	-0.05	-0.17	-0.09	-0.03	-0.07		-0.01	-0.1	0.2	0.05	-0.02	-0.06	0.01	0.08	-0.08	0.05	-0.08	0.05	-0.05	-0.08	-0.09	0.1	-0.1	-0.08	0.1
Cash And Short Term Investments	0.69	0.08	0.82	0.73	-0.08	0.12	-0.01		0.41	0.36	0.12	1.0	-0.13	0.09	-0.8	0.07	0.12	-0.04	-1.0	1.0	-0.05	0.25	-0.51	0.49	0.01	-0.52
Capital Surpluse	0.94	0.87	0.85	0.9	-0.93	0.86	-0.1	0.41		0.93	-0.62	0.47	0.78	0.87	-0.72	0.86	-0.62	0.85	-0.4	0.36	0.83	0.98	-0.99	0.98	0.87	-0.99
Total Liab	0.9	0.9	0.75	0.87	-0.92	0.88	0.2	0.36	0.93		-0.5	0.41	0.75	0.83	-0.6	0.83	-0.5	0.87	-0.34	0.3	0.87	0.92	-0.92	0.94	0.8	-0.92
Deferred Long Term Liab	-0.4	-0.43	-0.3	-0.34	0.74	-0.38	0.05	0.12	-0.62	-0.5		0.09	-0.86	-0.88	0.14	-0.43	1.0	-0.55	-0.15	0.16	-0.54	-0.67	0.53	-0.48	-0.88	0.52
Total Current Assets	0.73	0.14	0.85	0.76	-0.14	0.17	-0.02	1.0	0.47	0.41	0.09		-0.1	0.13	-0.85	0.15	0.09	0.02	-1.0	0.99	0.01	0.31	-0.56	0.54	0.06	-0.57
Short Term Debt	0.56	0.77	0.39	0.52	-0.93	0.74	-0.06	-0.13	0.78	0.75	-0.86	-0.1		0.95	-0.14	0.69	-0.86	0.86	0.17	-0.19	0.87	0.84	-0.7	0.7	0.96	-0.7
Common Stock	0.71	0.76	0.57	0.67	-0.95	0.71	0.01	0.09	0.87	0.83	-0.88	0.13	0.95		-0.36	0.71	-0.88	0.83	-0.06	0.03	0.83	0.91	-0.81	0.8	0.99	-0.81
Short Long Term Debt Total	-0.84	-0.46	-0.91	-0.83	0.43	-0.48	0.08	-0.8	-0.72	-0.6	0.14	-0.85	-0.14	-0.36		-0.56	0.14	-0.33	0.82	-0.77	-0.3	-0.62	0.79	-0.74	-0.35	0.79
Other Current Liab	0.72	0.96	0.58	0.67	-0.87	0.94	-0.08	0.07	0.86	0.83	-0.43	0.15	0.69	0.71	-0.56		-0.43	0.92	-0.08	0.01	0.9	0.91	-0.84	0.84	0.76	-0.84
Other Liab	-0.4	-0.43	-0.3	-0.34	0.74	-0.38	0.05	0.12	-0.62	-0.5	1.0	0.09	-0.86	-0.88	0.14	-0.43		-0.55	-0.15	0.16	-0.54	-0.67	0.53	-0.48	-0.88	0.52
Property Plant And Equipment Net	0.69	0.97	0.51	0.66	-0.94	0.94	-0.08	-0.04	0.85	0.87	-0.55	0.02	0.86	0.83	-0.33	0.92	-0.55		0.04	-0.1	1.0	0.91	-0.81	0.85	0.87	-0.8
Net Debt	-0.68	-0.07	-0.82	-0.72	0.06	-0.11	0.05	-1.0	-0.4	-0.34	-0.15	-1.0	0.17	-0.06	0.82	-0.08	-0.15	0.04		-1.0	0.06	-0.24	0.5	-0.48	0.01	0.51
Cash	0.64	0.02	0.79	0.68	-0.02	0.06	-0.05	1.0	0.36	0.3	0.16	0.99	-0.19	0.03	-0.77	0.01	0.16	-0.1	-1.0		-0.11	0.19	-0.46	0.44	-0.05	-0.46
Non Current Assets Total	0.68	0.97	0.49	0.65	-0.94	0.94	-0.08	-0.05	0.83	0.87	-0.54	0.01	0.87	0.83	-0.3	0.9	-0.54	1.0	0.06	-0.11		0.9	-0.79	0.83	0.86	-0.79
Non Currrent Assets Other	0.86	0.92	0.75	0.82	-0.97	0.89	-0.09	0.25	0.98	0.92	-0.67	0.31	0.84	0.91	-0.62	0.91	-0.67	0.91	-0.24	0.19	0.9		-0.96	0.95	0.92	-0.95
Long Term Debt	-0.97	-0.86	-0.9	-0.95	0.88	-0.85	0.1	-0.51	-0.99	-0.92	0.53	-0.56	-0.7	-0.81	0.79	-0.84	0.53	-0.81	0.5	-0.46	-0.79	-0.96		-0.98	-0.8	1.0
Common Stock Total Equity	0.96	0.88	0.88	0.95	-0.88	0.86	-0.1	0.49	0.98	0.94	-0.48	0.54	0.7	0.8	-0.74	0.84	-0.48	0.85	-0.48	0.44	0.83	0.95	-0.98		0.8	-0.98
Common Stock Shares Outstanding	0.68	0.79	0.54	0.63	-0.96	0.74	-0.08	0.01	0.87	0.8	-0.88	0.06	0.96	0.99	-0.35	0.76	-0.88	0.87	0.01	-0.05	0.86	0.92	-0.8	0.8		-0.8
Short Term Investments	-0.97	-0.85	-0.91	-0.95	0.87	-0.85	0.1	-0.52	-0.99	-0.92	0.52	-0.57	-0.7	-0.81	0.79	-0.84	0.52	-0.8	0.51	-0.46	-0.79	-0.95	1.0	-0.98	-0.8

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Canoo Holdings Account Relationship Matchups

Canoo Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	72.1M	753.5M	523.1M	496.5M	542.0M	437.7M
Total Current Liabilities	10.4M	27.9M	136.2M	218.3M	184.4M	105.9M
Total Stockholder Equity	(55.9M)	571.9M	344.0M	236.6M	249.6M	246.8M
Retained Earnings	(258.7M)	(348.5M)	(692.1M)	(1.2B)	(1.5B)	(1.4B)
Accounts Payable	2.3M	17.2M	52.3M	103.2M	65.3M	44.1M
Cash And Short Term Investments	29.0M	702.4M	224.7M	36.6M	10.3M	9.8M
Total Liab	127.9M	181.6M	179.1M	259.9M	292.4M	190.9M
Total Current Assets	31.3M	708.9M	291.3M	52.3M	32.6M	30.9M
Short Term Debt	368K	444K	788K	34.8M	54.3M	57.0M

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When running Canoo Holdings' price analysis, check to measure Canoo Holdings' 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 Holdings is operating at the current time. Most of Canoo Holdings' value examination focuses on studying past and present price action to predict the probability of Canoo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo Holdings' price. Additionally, you may evaluate how the addition of Canoo Holdings to your portfolios can decrease your overall portfolio volatility.

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Canoo Net Profit Margin vs Gross Profit Margin Analysis

Net Profit Margin vs Gross Profit Margin

Net Profit Margin vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Profit Margin

Gross Profit Margin

Canoo Holdings fundamental ratios Correlations

Canoo Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canoo Holdings fundamental ratios Accounts

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Additional Tools for Canoo Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash	+ 1.0	Cash And Short Term Investments
Other Liab	+ 1.0	Deferred Long Term Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Term Investments	+ 1.0	Long Term Debt
Net Tangible Assets	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Current Assets
Net Debt	- 1.0	Cash And Short Term Investments
Short Term Investments	- 0.99	Capital Surpluse
Long Term Debt	- 0.99	Capital Surpluse
Short Term Investments	- 0.98	Common Stock Total Equity