Canada Goose Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Canada Goose Holdings has a total shareholder equity of CA$423.5M and total debt of CA$397.9M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are CA$1.5B and CA$1.1B respectively. Canada Goose Holdings's EBIT is CA$164.9M making its interest coverage ratio 4.1. It has cash and short-term investments of CA$144.9M.
Key information
94.0%
Debt to equity ratio
CA$397.90m
Debt
Interest coverage ratio | 4.1x |
Cash | CA$144.90m |
Equity | CA$423.50m |
Total liabilities | CA$1.06b |
Total assets | CA$1.48b |
Recent financial health updates
These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Extensively
Dec 04We Think Canada Goose Holdings (TSE:GOOS) Is Taking Some Risk With Its Debt
Sep 03Canada Goose Holdings (TSE:GOOS) Has A Pretty Healthy Balance Sheet
Jun 02We Think Canada Goose Holdings (TSE:GOOS) Can Stay On Top Of Its Debt
Feb 27These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Reasonably Well
Nov 22Is Canada Goose Holdings (TSE:GOOS) A Risky Investment?
Aug 02Recent updates
Why Canada Goose Holdings Inc. (TSE:GOOS) Could Be Worth Watching
Jul 16Market Participants Recognise Canada Goose Holdings Inc.'s (TSE:GOOS) Earnings Pushing Shares 26% Higher
May 31Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital
Apr 20Are Investors Undervaluing Canada Goose Holdings Inc. (TSE:GOOS) By 43%?
Mar 21When Should You Buy Canada Goose Holdings Inc. (TSE:GOOS)?
Mar 07Canada Goose Holdings Inc.'s (TSE:GOOS) Popularity With Investors Is Clear
Feb 21Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital
Jan 19These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Extensively
Dec 04An Intrinsic Calculation For Canada Goose Holdings Inc. (TSE:GOOS) Suggests It's 32% Undervalued
Nov 18What Does The Future Hold For Canada Goose Holdings Inc. (TSE:GOOS)? These Analysts Have Been Cutting Their Estimates
Nov 03Why Canada Goose Holdings Inc. (TSE:GOOS) Could Be Worth Watching
Oct 23Canada Goose Holdings (TSE:GOOS) Might Be Having Difficulty Using Its Capital Effectively
Sep 22We Think Canada Goose Holdings (TSE:GOOS) Is Taking Some Risk With Its Debt
Sep 03Is Canada Goose Holdings Inc. (TSE:GOOS) Potentially Undervalued?
Jul 21Canada Goose Holdings Inc. (TSE:GOOS) Shares Could Be 28% Below Their Intrinsic Value Estimate
Jul 03Canada Goose Holdings' (TSE:GOOS) Returns On Capital Not Reflecting Well On The Business
Jun 17Canada Goose Holdings (TSE:GOOS) Has A Pretty Healthy Balance Sheet
Jun 02Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?
Apr 04Here's What's Concerning About Canada Goose Holdings' (TSE:GOOS) Returns On Capital
Mar 17We Think Canada Goose Holdings (TSE:GOOS) Can Stay On Top Of Its Debt
Feb 27Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?
Jan 04Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Stalled
Dec 14These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Reasonably Well
Nov 22Is Now The Time To Look At Buying Canada Goose Holdings Inc. (TSE:GOOS)?
Sep 27Canada Goose Holdings Inc.'s (TSE:GOOS) Intrinsic Value Is Potentially 25% Below Its Share Price
Sep 13Canada Goose Holdings' (TSE:GOOS) Returns On Capital Are Heading Higher
Aug 17Is Canada Goose Holdings (TSE:GOOS) A Risky Investment?
Aug 02Is Now An Opportune Moment To Examine Canada Goose Holdings Inc. (TSE:GOOS)?
Jun 16Financial Position Analysis
Short Term Liabilities: GOOS's short term assets (CA$740.8M) exceed its short term liabilities (CA$309.9M).
Long Term Liabilities: GOOS's short term assets (CA$740.8M) do not cover its long term liabilities (CA$748.2M).
Debt to Equity History and Analysis
Debt Level: GOOS's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: GOOS's debt to equity ratio has increased from 36.4% to 94% over the past 5 years.
Debt Coverage: GOOS's debt is well covered by operating cash flow (41.4%).
Interest Coverage: GOOS's interest payments on its debt are well covered by EBIT (4.1x coverage).