Canoo (GOEV) - Cash on Hand

Cash on Hand as of June 2024 : C$6.3 Million

According to Canoo's latest financial reports the company has C$6.3 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
2022-12-31	C$49.64 M	-82.66%
2021-12-31	C$0.28 B	-68.02%
2020-12-31	C$0.89 B	2264.1%
2019-12-31	C$37.88 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	C$29.94 M	375.07%	🇺🇸 USA
Nikola NKLA	C$0.27 B	4,294.00%	🇺🇸 USA
NIO NIO	C$6.97 B	110,507.13%	🇨🇳 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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