Canada Ebit vs Operating Income Analysis
GOOS Stock | USD 11.38 0.05 0.44% |
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 Ebit and its Operating Income 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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Goose Holdings Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Canada Goose's Ebit and Operating Income is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income 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 Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Canada Goose Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Canada Goose's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Operating Income
Operating Income is the amount of profit realized from Canada Goose Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canada Goose Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 tightly coupled 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. Enterprise Value Over EBITDA is likely to gain to 40.03 in 2024, whereas Tax Provision is likely to drop slightly above 20 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 733.6M | 815.2M | 937.5M | 984.4M | Total Revenue | 1.1B | 1.2B | 1.4B | 731.4M |
Canada Goose fundamental ratios Correlations
Click cells to compare fundamentals
Canada Goose Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Goose fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.5B | 1.3B | 1.6B | 1.8B | 957.4M | |
Short Long Term Debt Total | 386M | 622.6M | 620.7M | 754M | 867.1M | 910.5M | |
Other Current Liab | 28.6M | 8.8M | 43M | 53.1M | 61.1M | 42.8M | |
Total Current Liabilities | 201.3M | 262.1M | 281.5M | 352.4M | 405.3M | 425.5M | |
Total Stockholder Equity | 520.2M | 600.1M | 427.9M | 469.5M | 539.9M | 374.5M | |
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 | 515.0M | 540.7M | |
Net Debt | 354.3M | 144.7M | 333M | 467.5M | 537.6M | 564.5M | |
Retained Earnings | 389.4M | 454.4M | 290.4M | 316.5M | 364.0M | 236.0M | |
Accounts Payable | 136.8M | 177.8M | 176.2M | 195.6M | 224.9M | 114.5M | |
Cash | 31.7M | 477.9M | 287.7M | 286.5M | 329.5M | 345.9M | |
Non Current Assets Total | 588.5M | 610.3M | 578.3M | 726.8M | 835.8M | 447.4M | |
Non Currrent Assets Other | 100K | 5.1M | 20.4M | 12.5M | 11.3M | 19.1M | |
Other Assets | 19.2M | 46.8M | 52M | 73.6M | 84.6M | 88.9M | |
Long Term Debt | 158.1M | 367.8M | 366.2M | 391.6M | 450.3M | 234.5M | |
Cash And Short Term Investments | 31.7M | 477.9M | 287.7M | 286.5M | 329.5M | 345.9M | |
Net Receivables | 44.3M | 45.7M | 43.8M | 51.8M | 59.6M | 33.2M | |
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 | 121.5M | 119.6M | |
Liabilities And Stockholders Equity | 1.1B | 1.5B | 1.3B | 1.6B | 1.8B | 957.4M | |
Non Current Liabilities Total | 391.2M | 645M | 631.2M | 760.1M | 874.1M | 917.8M | |
Capital Lease Obligations | 227.9M | 254.8M | 250.7M | 334.8M | 385.0M | 404.3M | |
Inventory | 412.3M | 342.3M | 393.3M | 472.6M | 543.5M | 289.4M | |
Other Current Assets | 35.9M | 31M | 37.5M | 52.3M | 60.1M | 63.2M | |
Other Stockholder Equity | 15.7M | 25.2M | 36.2M | 28.5M | 25.7M | 21.2M | |
Total Liab | 592.5M | 907.1M | 912.7M | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Gross | 326.9M | 350.2M | 329.4M | 447.8M | 515.0M | 540.7M | |
Total Current Assets | 524.2M | 896.9M | 762.3M | 863.2M | 992.7M | 510.0M | |
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 | 65.4M | 68.7M | |
Short Term Debt | 35.9M | 45.2M | 62.3M | 103.7M | 119.3M | 125.2M | |
Intangible Assets | 161.7M | 155M | 122.2M | 135.1M | 155.4M | 152.3M | |
Common Stock | 114.7M | 120.5M | 118.5M | 118.7M | 136.5M | 97.9M | |
Property Plant Equipment | 84.3M | 326.9M | 350.2M | 329.4M | 378.8M | 397.8M |
Canada Goose Implied Volatility | 50.27 |
Canada Goose's implied volatility exposes the market's sentiment of Canada Goose Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canada Goose's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canada Goose stock will not fluctuate a lot when Canada Goose's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canada Goose in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canada Goose's short interest history, or implied volatility extrapolated from Canada Goose options trading.
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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.