Canada Historical Income Statement

GOOS Stock  CAD 13.10  0.15  1.13%   
Historical analysis of Canada Goose income statement accounts such as Selling General Administrative of 832.5 M or Total Revenue of 800 M can show how well Canada Goose Holdings performed in making a profits. Evaluating Canada Goose income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canada Goose's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Canada Goose Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canada Goose Holdings is a good buy for the upcoming year.
  
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.

About Canada Income Statement Analysis

Canada Goose Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canada Goose shareholders. The income statement also shows Canada investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Canada Goose Income Statement Chart

At this time, Canada Goose's Tax Provision is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Canada Goose Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canada Goose Holdings minus its cost of goods sold. It is profit before Canada Goose operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canada Goose Holdings. It is also known as Canada Goose overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Canada Goose's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Tax Provision is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense28.7M32.1M41.4M21.3M
Depreciation And Amortization95.8M109.1M126M132.3M

Canada Goose income statement Correlations

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Canada Goose Account Relationship Matchups

Canada Goose income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization63.1M77.4M95.8M109.1M126M132.3M
Interest Expense28.4M27.2M28.7M32.1M41.4M21.3M
Selling General Administrative350.5M367.3M576.9M700.4M792.9M832.5M
Total Revenue958.1M903.7M1.1B1.2B1.3B800.0M
Gross Profit593.3M554M733.6M815.2M804.6M487.0M
Other Operating Expenses766M786.8M941.7M1.1B1.2B682.6M
Operating Income192.1M116.9M156.7M135.5M125.7M117.7M
Net Income From Continuing Ops151.7M70.2M94.6M68.9M58.1M74.6M
Ebit192.1M109.3M60.9M26.4M125.7M96.3M
Ebitda255.2M186.7M156.7M135.5M251.7M149.2M
Cost Of Revenue313.7M364.8M349.7M401.8M531M313.0M
Total Operating Expenses401.2M437.1M576.9M679.7M678.9M369.6M
Income Before Tax163.7M86M117.7M93.5M75.7M92.7M
Total Other Income Expense Net(7M)(1.1M)(9.5M)(8M)(50M)(47.5M)
Net Income Applicable To Common Shares151.7M70.3M94.6M72.7M83.6M76.0M
Net Income148M70.3M94.6M72.7M58.4M74.6M
Income Tax Expense12M15.8M23.1M24.6M17.6M18.2M
Tax Provision12M15.8M23.1M24.6M17.6M21.6M
Interest Income20.6M26.5M400K42.1M1.3M1.2M
Net Interest Income(21.4M)(30.9M)(29.5M)(42M)(42.3M)(40.2M)
Reconciled Depreciation63.1M84.6M95.8M109.1M126M81.0M

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.

Moving against Canada Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Canada Goose Holdings is a strong investment it is important to analyze Canada Goose's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canada Goose's future performance. For an informed investment choice regarding Canada Stock, refer to the following important reports:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Please note, there is a significant difference between Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Goose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.