Canada Goose Holdings Stock Working Capital
| GOOS Stock | USD 11.29 0.25 2.17% |
Canada Goose Holdings fundamentals help investors to digest information that contributes to Canada Goose's financial success or failures. It also enables traders to predict the movement of Canada Stock. The fundamental analysis module provides a way to measure Canada Goose's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canada Goose stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 587.4 M | 438.8 M | |
| Change In Working Capital | -67.9 M | -64.5 M | |
| Working Capital | 0.00 | 0.00 |
Canada | Working Capital |
Canada Goose Holdings Company Working Capital Analysis
Canada Goose's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Canada Goose Working Capital | 510.8 M |
Most of Canada Goose's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canada Goose Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canada Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Canada Goose is extremely important. It helps to project a fair market value of Canada Stock properly, considering its historical fundamentals such as Working Capital. Since Canada Goose's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canada Goose's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canada Goose's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Canada Capital Surpluse
Capital Surpluse |
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According to the company's disclosures, Canada Goose Holdings has a Working Capital of 510.8 M. This is 91.45% lower than that of the Textiles, Apparel & Luxury Goods sector and 22.12% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 65.44% higher than that of the company.
Canada Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Goose's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canada Goose could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics of similar companies.Canada Goose is currently under evaluation in working capital category among related companies.
Canada Goose Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canada Goose from analyzing Canada Goose's financial statements. These drivers represent accounts that assess Canada Goose's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canada Goose's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.1B | 5.4B | 3.6B | 2.7B | 2.5B | 2.9B | |
| Enterprise Value | 3.5B | 5.6B | 3.9B | 3.2B | 2.9B | 3.1B |
Canada Fundamentals
| Return On Equity | 0.0901 | ||||
| Return On Asset | 0.0416 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | 1.71 B | ||||
| Shares Outstanding | 45.93 M | ||||
| Shares Owned By Insiders | 1.51 % | ||||
| Shares Owned By Institutions | 98.49 % | ||||
| Number Of Shares Shorted | 10.88 M | ||||
| Price To Earning | 36.57 X | ||||
| Price To Book | 3.61 X | ||||
| Price To Sales | 0.83 X | ||||
| Revenue | 1.22 B | ||||
| Gross Profit | 733.6 M | ||||
| EBITDA | 135.5 M | ||||
| Net Income | 68.9 M | ||||
| Cash And Equivalents | 81.8 M | ||||
| Cash Per Share | 0.78 X | ||||
| Total Debt | 754 M | ||||
| Debt To Equity | 1.98 % | ||||
| Current Ratio | 2.42 X | ||||
| Book Value Per Share | 4.04 X | ||||
| Cash Flow From Operations | 116.3 M | ||||
| Short Ratio | 13.00 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Price To Earnings To Growth | 3.02 X | ||||
| Target Price | 12.66 | ||||
| Number Of Employees | 4.76 K | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 1.1 B | ||||
| Total Asset | 1.59 B | ||||
| Retained Earnings | 316.5 M | ||||
| Working Capital | 510.8 M | ||||
| Current Asset | 243.04 M | ||||
| Current Liabilities | 85.9 M | ||||
| Net Asset | 1.59 B |
About Canada Goose Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canada Goose Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Goose using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Goose Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.
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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 0.36 | Revenue Per Share 12.352 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0416 |
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.