Canoo Inc
Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, includin… Read more
Canoo Inc (GOEV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.119x
Based on the latest financial reports, Canoo Inc (GOEV) has a cash flow conversion efficiency ratio of -0.119x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-26.52 Million) by net assets ($221.96 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canoo Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Canoo Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Canoo Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canoo Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Medadvisor Ltd
AU:MDR
|
5.093x |
|
Visionary Metals Corp.
F:339
|
-0.015x |
|
TOKAIDO REIT INC.
F:AI70
|
N/A |
|
Asahi Songwon Colors Limited
NSE:ASAHISONG
|
0.204x |
|
Reallusion Inc.
TWO:6882
|
-0.082x |
|
Lux Metals Corp.
F:GP80
|
-0.555x |
|
Next Science Limited
PINK:NXSCF
|
5.179x |
|
Austem Company Ltd
KQ:031510
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Canoo Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Canoo Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $249.58 Million | $-251.13 Million | -1.006x | +40.56% |
| 2022-12-31 | $236.57 Million | $-400.48 Million | -1.693x | -93.58% |
| 2021-12-31 | $344.00 Million | $-300.82 Million | -0.874x | -367.12% |
| 2020-12-31 | $571.86 Million | $-107.05 Million | -0.187x | -106.10% |
| 2019-12-31 | $-55.87 Million | $-171.45 Million | 3.069x | -- |