Market Cap Overview
Market Cap
$5.36M
Share Price
$0.37
Shares Outstanding
14.49M
What is Canoo's Market Cap?
Canoo's current Market Cap as of today is $5.36M.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Canoo, the market cap is calculated as $0.37 x 14.49M shares = $5.36M.
As a Micro Cap company, Canoo is a very small company that may be in its early stages.
Canoo Historical Market Cap
Canoo Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Canoo, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Canoo's enterprise value as of September 30, 2024 (Q3 2024) is calculated as:
- Market Cap: $5.36M
- Total Debt: $75.80M
- Cash and Equivalents: $1.53M
- Enterprise Value: $1.64B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Canoo Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $5.36M | -99.82% |
| 2023 | $2.97B | -55.30% |
| 2022 | $6.64B | -81.14% |
| 2021 | $35.19B | 15.51% |
| 2020 | $30.46B | 4227604.01% |
| 2019 | $720.59K | 2186.49% |
| 2018 | $31.52K | N/A |
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