Canada Cash Flow To Debt Ratio vs Free Cash Flow Analysis

GOOS Stock

USD 9.47 0.08 0.85%

Canada Goose financial indicator trend analysis is way more than just evaluating Canada Goose Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Goose Holdings is a good investment. Please check the relationship between Canada Goose Cash Flow To Debt Ratio and its Free Cash Flow accounts. 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 persons.

Cash Flow To Debt Ratio vs Free Cash Flow

Cash Flow To Debt Ratio vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Goose Holdings Cash Flow To Debt Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Canada Goose's Cash Flow To Debt Ratio and Free Cash Flow is 0.76. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Canada Goose Holdings, assuming nothing else is changed. The correlation between historical values of Canada Goose's Cash Flow To Debt Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of Canada Goose Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Flow To Debt Ratio i.e., Canada Goose's Cash Flow To Debt Ratio and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash Flow To Debt Ratio

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Canada Goose's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 persons.

At this time, Canada Goose's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 19.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.82 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	733.6M	815.2M	804.6M	486.5M
Total Revenue	1.1B	1.2B	1.3B	798.5M

Gross Profit Total Revenue

Canada Goose fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Total Assets		0.97	0.89	0.99	0.93	0.97	0.94	0.98	0.9	0.72	0.91	0.59	0.84	0.98	0.91	0.95	0.84	0.75	0.87	0.83	-0.15	0.93	0.97	-0.61	0.97	0.92
Short Long Term Debt Total	0.97		0.88	0.97	0.83	0.95	0.85	0.98	0.89	0.76	0.79	0.48	0.81	0.97	0.91	0.97	0.81	0.76	0.87	0.75	-0.2	0.91	1.0	-0.52	0.92	0.89
Other Current Liab	0.89	0.88		0.92	0.79	0.93	0.8	0.82	0.73	0.57	0.76	0.44	0.83	0.83	0.81	0.91	0.83	0.64	0.8	0.78	-0.1	0.75	0.87	-0.62	0.84	0.87
Total Current Liabilities	0.99	0.97	0.92		0.89	0.97	0.9	0.97	0.89	0.73	0.87	0.6	0.8	0.97	0.91	0.96	0.8	0.74	0.88	0.85	-0.16	0.91	0.97	-0.66	0.97	0.95
Total Stockholder Equity	0.93	0.83	0.79	0.89		0.87	0.98	0.88	0.82	0.56	1.0	0.72	0.8	0.9	0.81	0.81	0.8	0.64	0.73	0.84	-0.02	0.87	0.83	-0.67	0.93	0.85
Other Liab	0.97	0.95	0.93	0.97	0.87		0.88	0.94	0.79	0.67	0.84	0.52	0.81	0.94	0.88	0.97	0.81	0.72	0.88	0.86	-0.12	0.87	0.95	-0.65	0.94	0.95
Net Tangible Assets	0.94	0.85	0.8	0.9	0.98	0.88		0.89	0.79	0.67	0.97	0.71	0.78	0.91	0.88	0.83	0.78	0.77	0.79	0.85	-0.2	0.92	0.85	-0.69	0.93	0.87
Property Plant And Equipment Net	0.98	0.98	0.82	0.97	0.88	0.94	0.89		0.9	0.79	0.85	0.57	0.74	1.0	0.92	0.93	0.74	0.77	0.89	0.78	-0.17	0.93	0.98	-0.55	0.97	0.92
Current Deferred Revenue	0.9	0.89	0.73	0.89	0.82	0.79	0.79	0.9		0.66	0.8	0.53	0.76	0.89	0.81	0.83	0.76	0.56	0.69	0.64	-0.09	0.83	0.88	-0.42	0.88	0.76
Net Debt	0.72	0.76	0.57	0.73	0.56	0.67	0.67	0.79	0.66		0.51	0.36	0.37	0.79	0.91	0.7	0.37	0.93	0.85	0.52	-0.68	0.87	0.76	-0.34	0.76	0.76
Retained Earnings	0.91	0.79	0.76	0.87	1.0	0.84	0.97	0.85	0.8	0.51		0.74	0.79	0.87	0.77	0.78	0.79	0.6	0.69	0.85	0.01	0.84	0.79	-0.68	0.91	0.82
Accounts Payable	0.59	0.48	0.44	0.6	0.72	0.52	0.71	0.57	0.53	0.36	0.74		0.39	0.59	0.49	0.44	0.39	0.4	0.38	0.79	0.0	0.63	0.45	-0.77	0.66	0.61
Cash	0.84	0.81	0.83	0.8	0.8	0.81	0.78	0.74	0.76	0.37	0.79	0.39		0.74	0.68	0.86	1.0	0.48	0.55	0.64	-0.01	0.7	0.81	-0.49	0.69	0.62
Non Current Assets Total	0.98	0.97	0.83	0.97	0.9	0.94	0.91	1.0	0.89	0.79	0.87	0.59	0.74		0.92	0.92	0.74	0.79	0.9	0.8	-0.19	0.94	0.97	-0.58	0.98	0.94
Other Assets	0.91	0.91	0.81	0.91	0.81	0.88	0.88	0.92	0.81	0.91	0.77	0.49	0.68	0.92		0.89	0.68	0.92	0.89	0.72	-0.48	0.97	0.92	-0.52	0.91	0.88
Long Term Debt	0.95	0.97	0.91	0.96	0.81	0.97	0.83	0.93	0.83	0.7	0.78	0.44	0.86	0.92	0.89		0.86	0.73	0.84	0.78	-0.23	0.88	0.97	-0.57	0.89	0.88
Cash And Short Term Investments	0.84	0.81	0.83	0.8	0.8	0.81	0.78	0.74	0.76	0.37	0.79	0.39	1.0	0.74	0.68	0.86		0.48	0.55	0.64	-0.01	0.7	0.81	-0.49	0.69	0.62
Net Receivables	0.75	0.76	0.64	0.74	0.64	0.72	0.77	0.77	0.56	0.93	0.6	0.4	0.48	0.79	0.92	0.73	0.48		0.87	0.59	-0.68	0.89	0.76	-0.42	0.75	0.77
Good Will	0.87	0.87	0.8	0.88	0.73	0.88	0.79	0.89	0.69	0.85	0.69	0.38	0.55	0.9	0.89	0.84	0.55	0.87		0.72	-0.37	0.84	0.88	-0.52	0.88	0.94
Common Stock Total Equity	0.83	0.75	0.78	0.85	0.84	0.86	0.85	0.78	0.64	0.52	0.85	0.79	0.64	0.8	0.72	0.78	0.64	0.59	0.72		-0.1	0.77	0.74	-0.94	0.86	0.89
Common Stock Shares Outstanding	-0.15	-0.2	-0.1	-0.16	-0.02	-0.12	-0.2	-0.17	-0.09	-0.68	0.01	0.0	-0.01	-0.19	-0.48	-0.23	-0.01	-0.68	-0.37	-0.1		-0.43	-0.21	0.12	-0.15	-0.2
Long Term Debt Total	0.93	0.91	0.75	0.91	0.87	0.87	0.92	0.93	0.83	0.87	0.84	0.63	0.7	0.94	0.97	0.88	0.7	0.89	0.84	0.77	-0.43		0.91	-0.57	0.92	0.87
Non Current Liabilities Total	0.97	1.0	0.87	0.97	0.83	0.95	0.85	0.98	0.88	0.76	0.79	0.45	0.81	0.97	0.92	0.97	0.81	0.76	0.88	0.74	-0.21	0.91		-0.51	0.92	0.89
Capital Surpluse	-0.61	-0.52	-0.62	-0.66	-0.67	-0.65	-0.69	-0.55	-0.42	-0.34	-0.68	-0.77	-0.49	-0.58	-0.52	-0.57	-0.49	-0.42	-0.52	-0.94	0.12	-0.57	-0.51		-0.65	-0.71
Inventory	0.97	0.92	0.84	0.97	0.93	0.94	0.93	0.97	0.88	0.76	0.91	0.66	0.69	0.98	0.91	0.89	0.69	0.75	0.88	0.86	-0.15	0.92	0.92	-0.65		0.96
Other Current Assets	0.92	0.89	0.87	0.95	0.85	0.95	0.87	0.92	0.76	0.76	0.82	0.61	0.62	0.94	0.88	0.88	0.62	0.77	0.94	0.89	-0.2	0.87	0.89	-0.71	0.96

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Canada Goose Account Relationship Matchups

Canada Goose fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.5B	1.3B	1.6B	1.5B	1.0B
Short Long Term Debt Total	386M	622.6M	620.7M	754M	728.4M	424.4M
Other Current Liab	28.6M	118.9M	130.8M	157.1M	129.4M	86.0M
Total Current Liabilities	201.3M	262.1M	281.5M	352.4M	309.9M	200.3M
Total Stockholder Equity	520.2M	600.1M	427.9M	469.5M	417M	382.9M
Other Liab	44.5M	41.1M	67.6M	72.8M	83.7M	43.9M
Net Tangible Assets	190.4M	305.4M	392M	252.6M	290.5M	305.0M
Property Plant And Equipment Net	326.9M	350.2M	329.4M	447.8M	451.6M	233.6M
Net Debt	354.3M	144.7M	333M	467.5M	583.5M	612.7M
Retained Earnings	389.4M	454.4M	290.4M	316.5M	252.5M	240.2M
Accounts Payable	136.8M	78.9M	63.9M	60.1M	57.6M	71.2M
Cash	31.7M	477.9M	287.7M	286.5M	144.9M	157.9M
Non Current Assets Total	588.5M	610.3M	578.3M	726.8M	740.8M	484.1M
Non Currrent Assets Other	100K	5.1M	20.4M	12.5M	76.3M	80.1M
Other Assets	19.2M	46.8M	52M	73.6M	84.6M	88.9M
Long Term Debt	158.1M	367.8M	366.2M	391.6M	388.5M	253.8M
Cash And Short Term Investments	31.7M	477.9M	287.7M	286.5M	144.9M	157.9M
Net Receivables	44.3M	45.7M	43.8M	51.8M	98.4M	103.3M
Common Stock Total Equity	106.1M	112.6M	114.7M	120.5M	138.6M	88.6M
Common Stock Shares Outstanding	111.2M	111.1M	109.2M	105.6M	101.8M	86.4M
Liabilities And Stockholders Equity	1.1B	1.5B	1.3B	1.6B	1.5B	1.0B
Non Current Liabilities Total	391.2M	645M	631.2M	760.1M	748.2M	439.9M
Capital Lease Obligations	227.9M	254.8M	250.7M	334.8M	330.5M	347.0M
Inventory	412.3M	342.3M	393.3M	472.6M	445.2M	309.4M
Other Current Assets	35.9M	31M	37.5M	52.3M	60.1M	32.4M
Other Stockholder Equity	15.7M	25.2M	(408.9M)	28.5M	54.4M	57.1M
Total Liab	592.5M	907.1M	912.7M	1.1B	1.1B	640.1M
Property Plant And Equipment Gross	326.9M	350.2M	329.4M	447.8M	903.3M	948.5M
Total Current Assets	524.2M	896.9M	762.3M	863.2M	740.8M	540.5M
Accumulated Other Comprehensive Income	400K	(5.2M)	(17.2M)	5.8M	5.2M	5.5M
Non Current Liabilities Other	4.6M	20.4M	25.7M	56.9M	54.6M	57.3M
Short Term Debt	35.9M	45.2M	62.3M	103.7M	89.3M	93.8M
Intangible Assets	161.7M	155M	122.2M	135.1M	155.4M	151.9M
Common Stock	114.7M	120.5M	118.5M	118.7M	104.9M	99.7M
Property Plant Equipment	84.3M	326.9M	350.2M	329.4M	378.8M	397.8M

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