Canada Historical Financial Ratios
GOOS Stock | CAD 13.29 0.05 0.38% |
Canada Goose is presently reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 3.84 or Days Sales Outstanding of 13.66 will help investors to properly organize and evaluate Canada Goose Holdings financial condition quickly.
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About Canada Financial Ratios Analysis
Canada Goose HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canada Goose investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canada financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canada Goose history.
Canada Goose Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canada Goose Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canada Goose sales, a figure that is much harder to manipulate than other Canada Goose Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Canada Goose Holdings dividend as a percentage of Canada Goose stock price. Canada Goose Holdings dividend yield is a measure of Canada Goose stock productivity, which can be interpreted as interest rate earned on an Canada Goose investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from Canada Goose's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canada Goose Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Canada Goose's Capex To Revenue is very stable compared to the past year. As of the 28th of November 2024, Interest Coverage is likely to grow to 4.60, while Price To Sales Ratio is likely to drop 1.20.
2023 | 2024 (projected) | Dividend Yield | 0.11 | 0.096 | Price To Sales Ratio | 1.26 | 1.2 |
Canada Goose fundamentals Correlations
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Canada Goose Account Relationship Matchups
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Canada Goose fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 3.23 | 6.02 | 3.24 | 2.24 | 1.26 | 1.2 | |
Ptb Ratio | 5.94 | 9.06 | 8.31 | 5.82 | 4.04 | 3.84 | |
Days Sales Outstanding | 16.88 | 18.46 | 14.55 | 15.54 | 26.93 | 13.66 | |
Book Value Per Share | 4.73 | 5.44 | 3.95 | 4.55 | 4.2 | 2.62 | |
Free Cash Flow Yield | 6.5E-5 | 0.0481 | 0.0322 | 0.025 | 0.0641 | 0.0673 | |
Operating Cash Flow Per Share | 0.57 | 2.66 | 1.4 | 1.11 | 1.63 | 1.71 | |
Stock Based Compensation To Revenue | 0.008872 | 0.0125 | 0.0127 | 0.0123 | 0.007797 | 0.005869 | |
Capex To Depreciation | 0.99 | 0.38 | 0.39 | 0.44 | 0.45 | 0.43 | |
Pb Ratio | 5.94 | 9.06 | 8.31 | 5.82 | 4.04 | 3.84 | |
Ev To Sales | 3.6 | 6.18 | 3.54 | 2.63 | 1.7 | 1.62 | |
Free Cash Flow Per Share | 0.00182 | 2.37 | 1.06 | 0.65 | 1.07 | 1.13 | |
Inventory Turnover | 0.88 | 1.02 | 0.93 | 0.85 | 0.94 | 1.31 | |
Net Income Per Share | 1.35 | 0.64 | 0.87 | 0.69 | 0.58 | 0.5 | |
Days Of Inventory On Hand | 412.53 | 357.28 | 393.52 | 429.32 | 390.24 | 262.18 | |
Payables Turnover | 6.84 | 4.43 | 5.71 | 6.69 | 7.23 | 7.76 | |
Capex To Revenue | 0.065 | 0.0354 | 0.0339 | 0.0395 | 0.0424 | 0.054 | |
Cash Per Share | 0.29 | 4.33 | 2.66 | 2.73 | 1.44 | 1.07 | |
Pocfratio | 49.48 | 18.52 | 23.47 | 23.48 | 10.24 | 9.73 | |
Interest Coverage | 6.76 | 4.3 | 5.46 | 4.22 | 2.92 | 4.6 | |
Capex To Operating Cash Flow | 1.0 | 0.11 | 0.25 | 0.41 | 0.34 | 0.23 | |
Pfcf Ratio | 15.5K | 20.78 | 31.1 | 40.04 | 15.59 | 14.81 | |
Days Payables Outstanding | 53.33 | 82.35 | 63.94 | 54.6 | 50.49 | 43.42 | |
Income Quality | 0.41 | 4.18 | 1.6 | 1.69 | 2.82 | 2.96 | |
Roe | 0.36 | 0.28 | 0.12 | 0.22 | 0.14 | 0.23 | |
Ev To Operating Cash Flow | 55.15 | 19.01 | 25.66 | 27.5 | 13.79 | 13.1 | |
Pe Ratio | 20.89 | 77.37 | 37.61 | 37.56 | 28.86 | 30.31 | |
Return On Tangible Assets | 0.16 | 0.0541 | 0.0812 | 0.0523 | 0.0458 | 0.0435 | |
Ev To Free Cash Flow | 17.2K | 21.34 | 34.01 | 46.89 | 20.99 | 19.94 | |
Earnings Yield | 0.0204 | 0.0479 | 0.0129 | 0.0266 | 0.0346 | 0.0364 | |
Net Debt To E B I T D A | 1.39 | 0.75 | 1.26 | 1.98 | 2.39 | 1.88 | |
Current Ratio | 2.6 | 3.42 | 2.71 | 2.45 | 2.39 | 3.05 | |
Tangible Book Value Per Share | 2.78 | 3.56 | 2.33 | 2.65 | 2.16 | 1.18 | |
Receivables Turnover | 21.63 | 19.77 | 25.08 | 23.49 | 13.55 | 25.93 | |
Graham Number | 11.98 | 8.84 | 8.81 | 8.34 | 7.34 | 5.58 | |
Shareholders Equity Per Share | 4.73 | 5.44 | 3.95 | 4.47 | 4.14 | 2.6 | |
Debt To Equity | 0.3 | 0.61 | 0.86 | 0.89 | 0.95 | 0.83 | |
Capex Per Share | 0.57 | 0.29 | 0.34 | 0.46 | 0.56 | 0.59 |
Pair Trading with Canada Goose
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canada Goose position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canada Goose will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Canada Goose could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canada Goose when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canada Goose - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canada Goose Holdings to buy it.
The correlation of Canada Goose is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canada Goose moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canada Goose Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canada Goose can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..