How much debt does Canoo have?

According to Canoo's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Canoo's total debt stands at $89.99M. This is broken down into:

• Long-term debt: $71.44M
• Short-term debt: $54.27M

The company's net debt, which accounts for cash and cash equivalents, is $79.69M. In terms of overall financial obligations, Canoo's total liabilities amount to $292.43M.

Debt Ratios and Metrics

To better understand Canoo's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.36 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 16.60% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 48.37 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 12.52% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 26.50% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Canoo's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.