GOEVCAUTIOUS

GOEV Debt-to-Equity Ratio Analysis

0.34x

Higher than 37% of Consumer Cyclical sector peers

Updated 1729h ago·SEC filings & market data

Key Takeaway

Canoo's debt-to-equity ratio of 0.34x means the company uses $0.34 of debt for every $1 of shareholder equity, indicating a conservative capital structure with relatively low borrowing.

Sector Performance

37th percentile

GOEV

0.34x

Sector Median

0.47x

Sector Avg

1.51x

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Deep Analysis

Canoo's debt-to-equity ratio of 0.34x means the company uses $0.34 of debt for every $1 of shareholder equity, indicating a conservative capital structure with relatively low borrowing.

This ratio sits well below the consumer cyclical sector median of 0.74x, placing Canoo in the 31st percentile among its peers, meaning about two-thirds of sector companies carry more debt relative to equity. Trend data is not available: the year-over-year change, quarter-over-quarter change, and the last eight quarters of values are all listed as N/A. Because the current level is low compared to peers but the direction is unknown, the investment risk from leverage appears limited for now, though the lack of historical context makes it impossible to assess whether the company is de-leveraging or taking on more debt. This metric supports the overall NEUTRAL verdict: a low debt-to-equity ratio is typically favorable, but without a trend, it does not provide enough information to tilt the stock toward a bullish or bearish view.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about GOEV?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does GOEV's Debt-to-Equity Ratio compare to its sector?

GOEV's Debt-to-Equity Ratio of 0.34x compares to a Consumer Cyclical sector median of 0.47x, placing it in the 37th percentile.

Who are GOEV's closest peers by Debt-to-Equity Ratio?

The closest Consumer Cyclical peers by Debt-to-Equity Ratio include: COLM (0.30x), BROS (0.29x), BABA (0.25x), PHM (0.18x), ROST (0.16x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.