Canada Goose Shares Outstanding vs. Return On Asset

GOOS Stock  USD 9.39  0.31  3.20%   
Based on the measurements of profitability obtained from Canada Goose's financial statements, Canada Goose Holdings is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Canada Goose's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 1.20 in 2024. Days Sales Outstanding is likely to drop to 13.66 in 2024. At this time, Canada Goose's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 71.5 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (46.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.6878
Way Down
Slightly volatile
Operating Profit Margin0.110.0933
Fairly Up
Slightly volatile
Pretax Profit Margin0.0880.0568
Way Up
Slightly volatile
Return On Assets0.03740.0394
Notably Down
Very volatile
Return On Equity0.230.14
Way Up
Slightly volatile
For Canada Goose profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canada Goose to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canada Goose Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canada Goose's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canada Goose Holdings over time as well as its relative position and ranking within its peers.
  
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Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canada Goose. If investors know Canada will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canada Goose listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.467
Earnings Share
0.42
Revenue Per Share
13.563
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0578
The market value of Canada Goose Holdings is measured differently than its book value, which is the value of Canada that is recorded on the company's balance sheet. Investors also form their own opinion of Canada Goose's value that differs from its market value or its book value, called intrinsic value, which is Canada Goose's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canada Goose's market value can be influenced by many factors that don't directly affect Canada Goose's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.

Canada Goose Holdings Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Canada Goose's current stock value. Our valuation model uses many indicators to compare Canada Goose value to that of its competitors to determine the firm's financial worth.
Canada Goose Holdings is rated below average in shares outstanding category among its peers. It is rated # 4 in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Canada Goose Holdings is about  792,391,003 . Return On Assets is likely to drop to 0.04 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Canada Goose by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Canada Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Canada Goose

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
45.8 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Canada Goose

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0578
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Canada Return On Asset Comparison

Canada Goose is currently under evaluation in return on asset category among its peers.

Canada Goose Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Canada Goose, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canada Goose will eventually generate negative long term returns. The profitability progress is the general direction of Canada Goose's change in net profit over the period of time. It can combine multiple indicators of Canada Goose, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income5.2 M5.5 M
Operating Income124.5 M117.5 M
Net Income From Continuing Ops58.1 M71.5 M
Income Before Tax75.7 M92.7 M
Total Other Income Expense Net-48.8 M-46.4 M
Net Income Applicable To Common Shares108.8 M74.9 M
Net Income58.4 M74.6 M
Income Tax Expense17.6 M18.2 M
Interest Income1.3 M1.1 M
Net Interest Income-42.3 M-40.2 M
Change To Netincome50.6 M53.1 M
Net Income Per Share 0.58  0.50 
Income Quality 2.82  2.96 
Net Income Per E B T 0.77  0.53 

Canada Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Canada Goose. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canada Goose position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canada Goose's important profitability drivers and their relationship over time.

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Electronics Theme
Companies manufacturing electronic appliances and goods. The Electronics theme has 44 constituents at this time.
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Additional Tools for Canada Stock Analysis

When running Canada Goose's price analysis, check to measure Canada Goose's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.