Canoo (GOEV) - Cash on Hand

Cash on Hand as of September 2024 : A$2.3 Million

According to Canoo's latest financial reports the company has A$2.3 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Canoo - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$9.38 M	-82.55%
2022-12-31	A$53.76 M	-82.65%
2021-12-31	A$0.30 B	-66.07%
2020-12-31	A$0.91 B	2104.93%
2019-12-31	A$41.43 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	A$24.35 M	954.86%	🇺🇸 USA
Nikola NKLA	A$0.29 B	12,835.49%	🇺🇸 USA
NIO NIO	A$5.09 B	220,785.19%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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