Canada Historical Financial Ratios

GOOS Stock  CAD 13.34  0.03  0.22%   
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.
  
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 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

At this time, Canada Goose's Capex To Revenue is very stable compared to the past year. As of the 30th of November 2024, Interest Coverage is likely to grow to 4.60, while Price To Sales Ratio is likely to drop 1.20.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

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.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
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 30th 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 Yield0.110.096
Price To Sales Ratio1.261.2

Canada Goose fundamentals Correlations

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Click cells to compare fundamentals

Canada Goose Account Relationship Matchups

Canada Goose fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio3.236.023.242.241.261.2
Ptb Ratio5.949.068.315.824.043.84
Days Sales Outstanding16.8818.4614.5515.5426.9313.66
Book Value Per Share4.735.443.954.554.22.62
Free Cash Flow Yield6.5E-50.04810.03220.0250.06410.0673
Operating Cash Flow Per Share0.572.661.41.111.631.71
Stock Based Compensation To Revenue0.0088720.01250.01270.01230.0077970.005869
Capex To Depreciation0.990.380.390.440.450.43
Pb Ratio5.949.068.315.824.043.84
Ev To Sales3.66.183.542.631.71.62
Free Cash Flow Per Share0.001822.371.060.651.071.13
Inventory Turnover0.881.020.930.850.941.31
Net Income Per Share1.350.640.870.690.580.5
Days Of Inventory On Hand412.53357.28393.52429.32390.24262.18
Payables Turnover6.844.435.716.697.237.76
Capex To Revenue0.0650.03540.03390.03950.04240.054
Cash Per Share0.294.332.662.731.441.07
Pocfratio49.4818.5223.4723.4810.249.73
Interest Coverage6.764.35.464.222.924.6
Capex To Operating Cash Flow1.00.110.250.410.340.23
Pfcf Ratio15.5K20.7831.140.0415.5914.81
Days Payables Outstanding53.3382.3563.9454.650.4943.42
Income Quality0.414.181.61.692.822.96
Roe0.360.280.120.220.140.23
Ev To Operating Cash Flow55.1519.0125.6627.513.7913.1
Pe Ratio20.8977.3737.6137.5628.8630.31
Return On Tangible Assets0.160.05410.08120.05230.04580.0435
Ev To Free Cash Flow17.2K21.3434.0146.8920.9919.94
Earnings Yield0.02040.04790.01290.02660.03460.0364
Net Debt To E B I T D A1.390.751.261.982.391.88
Current Ratio2.63.422.712.452.393.05
Tangible Book Value Per Share2.783.562.332.652.161.18
Receivables Turnover21.6319.7725.0823.4913.5525.93
Graham Number11.988.848.818.347.345.58
Shareholders Equity Per Share4.735.443.954.474.142.6
Debt To Equity0.30.610.860.890.950.83
Capex Per Share0.570.290.340.460.560.59

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.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.