Canada Debt To Equity from 2010 to 2024

GOOS Stock  USD 13.99  0.87  6.63%   
Canada Goose Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to 0.77 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
1.14580336
Current Value
0.77
Quarterly Volatility
0.33650743
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canada Goose financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canada main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 21 M or Selling General Administrative of 832.5 M, as well as many exotic indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0 or PTB Ratio of 3.84. Canada financial statements analysis is a perfect complement when working with Canada Goose Valuation or Volatility modules.
  
This module can also supplement Canada Goose's financial leverage analysis and stock options assessment as well as various Canada Goose Technical models . Check out the analysis of Canada Goose Correlation against competitors.

Latest Canada Goose's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Canada Goose Holdings over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Canada Goose's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canada Goose's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.98 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Canada Debt To Equity Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.88
Coefficient Of Variation35.42
Mean Deviation0.22
Median0.97
Standard Deviation0.34
Sample Variance0.11
Range1.3095
R-Value0.18
Mean Square Error0.12
R-Squared0.03
Significance0.52
Slope0.01
Total Sum of Squares1.59

Canada Debt To Equity History

2024 0.77
2023 1.15
2022 1.61
2021 1.45
2020 1.04
2019 0.74
2018 0.36

About Canada Goose Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canada Goose income statement, its balance sheet, and the statement of cash flows. Canada Goose investors use historical funamental indicators, such as Canada Goose's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Canada Goose investors may use each financial statement separately, they are all related. The changes in Canada Goose's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canada Goose's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canada Goose Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canada Goose. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 1.15  0.77 
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 the analysis of Canada Goose Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary 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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Canada Goose's industry 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
0.008
Earnings Share
0.42
Revenue Per Share
13.23
Quarterly Revenue Growth
0.221
Return On Assets
0.0515
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.