Canada Good Will vs Current Deferred Revenue Analysis
GOOS Stock | USD 13.99 0.87 6.63% |
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 Good Will and its Current Deferred Revenue 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.
Good Will vs Current Deferred Revenue
Good Will vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Goose Holdings Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Canada Goose's Good Will and Current Deferred Revenue is 0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue 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 Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Canada Goose Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Canada Goose's Good Will and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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. Tax Provision is likely to gain to about 19.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.56 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 |
Canada Goose fundamental ratios Correlations
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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 | 1.5B | 1.0B | |
Short Long Term Debt Total | 386M | 622.6M | 620.7M | 754M | 728.4M | 417.0M | |
Other Current Liab | 28.6M | 8.8M | 43M | 53.1M | 146.2M | 153.5M | |
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 | 177.8M | 176.2M | 195.6M | 57.6M | 109.4M | |
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 | 270.2M | 283.7M | |
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 | 36.2M | 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 |
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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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 0.42 | 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.