Canoo Holdings Ltd
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 Holdings Ltd (GOEVW) - Total Assets
Latest total assets as of September 2024: $523.29 Million USD
Based on the latest financial reports, Canoo Holdings Ltd (GOEVW) holds total assets worth $523.29 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Canoo Holdings Ltd - Total Assets Trend (2018–2023)
This chart illustrates how Canoo Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canoo Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Canoo Holdings Ltd's total assets of $523.29 Million consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $6.15 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Canoo Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canoo Holdings Ltd's current assets represent 6.0% of total assets in 2023, an increase from 2.5% in 2018.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2023, up from 0.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 1.1% of total assets.
Canoo Holdings Ltd Competitors by Total Assets
Key competitors of Canoo Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
Canoo Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Canoo Holdings Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Canoo Holdings Ltd is currently not profitable relative to its asset base.
Canoo Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.14 | 0.17 | 7.54 |
| Quick Ratio | 0.09 | 0.14 | 7.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-173.37 Million | $ -154.85 Million | $ 1.71 Million |
Canoo Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Canoo Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.2% |
| Total Assets | $542.00 Million |
| Market Capitalization | $427.66K USD |
Valuation Analysis
Below Book Valuation: The market values Canoo Holdings Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Canoo Holdings Ltd's assets grew by 9.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Canoo Holdings Ltd (2018–2023)
The table below shows the annual total assets of Canoo Holdings Ltd from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $542.00 Million | +9.17% |
| 2022-12-31 | $496.47 Million | -5.09% |
| 2021-12-31 | $523.07 Million | -30.58% |
| 2020-12-31 | $753.47 Million | +945.32% |
| 2019-12-31 | $72.08 Million | +30185.71% |
| 2018-12-31 | $238.00K | -- |