Canoo Inc (GOEV)
0.4551
-0.02
(-5.17%)
USD |
NASDAQ |
Nov 21, 13:11
Canoo Debt to Equity Ratio: 0.1921 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.1921 |
| June 30, 2024 | 0.2406 |
| March 31, 2024 | 0.3435 |
| December 31, 2023 | 0.2051 |
| September 30, 2023 | 0.4981 |
| June 30, 2023 | 0.1073 |
| March 31, 2023 | 0.00 |
| December 31, 2022 | 0.1472 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.0549 |
| June 30, 2022 | 0.00 |
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | 0.0114 |
| December 31, 2020 | 0.0123 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2021
0.4981
Maximum
Sep 2023
0.1133
Average
0.0336
Median
Debt to Equity Ratio Benchmarks
| Rivian Automotive Inc | 0.9269 |
| Lucid Group Inc | 0.7629 |
| Workhorse Group Inc | 0.1646 |
| AYRO Inc | 0.00 |
| Faraday Future Intelligent Electric Inc | 0.4759 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 523.29M |
| Total Liabilities (Quarterly) | 301.33M |
| Shareholders Equity (Quarterly) | 221.96M |
| Current Ratio | 0.1432 |
| Net Debt Paydown Yield | -4.12% |