GOEVGOEV
US • —
$0.00
P/E
—
PEG
—
FCF Yield
—
Rev Growth YoY
+259.0% YoY
Gross Margin
9.5%
Health Score
3/10
D/E Ratio
0.33
Confidence
LOW
Business Snapshot
Canoo Inc. designs and manufactures modular electric vehicles (EVs), targeting the commercial fleet, government, and consumer markets with its proprietary skateboard platform. The company operates in the highly competitive EV manufacturing space as a challenger, attempting to differentiate through its unique vehicle architecture and contract-manufacturing approach rather than building its own factories. As a pre-revenue or early-revenue company with no available market capitalisation or TTM revenue figure, it is currently in a development-stage phase characterised by significant financial uncertainty. A defining characteristic of Canoo is its extreme revenue growth rate of 259.0% year-over-year, though this is from a very low base, and its stock currently trades at a nominal price of $0.00.
Financial Health
Gross margin stands at 9.5% with no prior-year comparison available, suggesting early-stage production has not yet achieved positive unit economics at scale, while net margin is unreliable due to a flagged data error. The balance sheet shows a relatively low debt/equity ratio of 0.33x, indicating limited reliance on borrowed capital, but this is overshadowed by a critically low current ratio of 0.18x, signalling severe near-term liquidity distress and potential difficulty meeting short-term obligations...
Risk Assessment
- LIQUIDITY — Current ratio of 0.18x is well below the 1.0x threshold, indicating acute short-term solvency risk.
- EARNINGS QUALITY — Zero out of the last 4 quarters beat analyst estimates, a pattern that erodes confidence in management’s ability to forecast and execute.
- PROFITABILITY — Return on equity of -66.1% signals that the company is destroying shareholder capital at a high rate.
- VALUATION — No P/E ratio is available, and with negative earnings, traditional valuation metrics offer no support; the market is pricing the stock on uncertainty rather than fundamentals.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed....
Gross margin stands at 9.5% with no prior-year comparison available, suggesting early-stage production has not yet achieved positive unit economics at scale, while net margin is unreliable due to a flagged data error. The balance sheet shows a relatively low debt/equity ratio of 0.33x, indicating limited reliance on borrowed capital, but this is overshadowed by a critically low current ratio of 0.18x, signalling severe near-term liquidity distress and potential difficulty meeting short-term obligations. Return on equity is deeply negative at -66.1%, reflecting persistent losses relative to shareholder equity. Free cash flow and FCF yield are not available, making it impossible to assess whether the company is generating or burning cash. Overall, the financial health is weak, with liquidity constraints posing the most immediate risk to solvency and raising the likelihood of dilutive financing.
- LIQUIDITY — Current ratio of 0.18x is well below the 1.0x threshold, indicating acute short-term solvency risk. - EARNINGS QUALITY — Zero out of the last 4 quarters beat analyst estimates, a pattern that erodes confidence in management’s ability to forecast and execute. - PROFITABILITY — Return on equity of -66.1% signals that the company is destroying shareholder capital at a high rate. - VALUATION — No P/E ratio is available, and with negative earnings, traditional valuation metrics offer no support; the market is pricing the stock on uncertainty rather than fundamentals. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
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