Canada Goose Holdings Inc.

TSX:GOOS Stock Report

Market Cap: CA$1.8b

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 ratio4.1x
CashCA$144.90m
EquityCA$423.50m
Total liabilitiesCA$1.06b
Total assetsCA$1.48b

Recent financial health updates

Recent updates

Market Participants Recognise Canada Goose Holdings Inc.'s (TSE:GOOS) Earnings Pushing Shares 26% Higher

May 31
Market Participants Recognise Canada Goose Holdings Inc.'s (TSE:GOOS) Earnings Pushing Shares 26% Higher

Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

Apr 20
Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

Are Investors Undervaluing Canada Goose Holdings Inc. (TSE:GOOS) By 43%?

Mar 21
Are Investors Undervaluing Canada Goose Holdings Inc. (TSE:GOOS) By 43%?

When Should You Buy Canada Goose Holdings Inc. (TSE:GOOS)?

Mar 07
When Should You Buy Canada Goose Holdings Inc. (TSE:GOOS)?

Canada Goose Holdings Inc.'s (TSE:GOOS) Popularity With Investors Is Clear

Feb 21
Canada Goose Holdings Inc.'s (TSE:GOOS) Popularity With Investors Is Clear

Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

Jan 19
Some Investors May Be Worried About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Extensively

Dec 04
These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Extensively

An Intrinsic Calculation For Canada Goose Holdings Inc. (TSE:GOOS) Suggests It's 32% Undervalued

Nov 18
An Intrinsic Calculation For Canada Goose Holdings Inc. (TSE:GOOS) Suggests It's 32% Undervalued

What Does The Future Hold For Canada Goose Holdings Inc. (TSE:GOOS)? These Analysts Have Been Cutting Their Estimates

Nov 03
What Does The Future Hold For Canada Goose Holdings Inc. (TSE:GOOS)? These Analysts Have Been Cutting Their Estimates

Why Canada Goose Holdings Inc. (TSE:GOOS) Could Be Worth Watching

Oct 23
Why Canada Goose Holdings Inc. (TSE:GOOS) Could Be Worth Watching

Canada Goose Holdings (TSE:GOOS) Might Be Having Difficulty Using Its Capital Effectively

Sep 22
Canada Goose Holdings (TSE:GOOS) Might Be Having Difficulty Using Its Capital Effectively

We Think Canada Goose Holdings (TSE:GOOS) Is Taking Some Risk With Its Debt

Sep 03
We Think Canada Goose Holdings (TSE:GOOS) Is Taking Some Risk With Its Debt

Is Canada Goose Holdings Inc. (TSE:GOOS) Potentially Undervalued?

Jul 21
Is Canada Goose Holdings Inc. (TSE:GOOS) Potentially Undervalued?

Canada Goose Holdings Inc. (TSE:GOOS) Shares Could Be 28% Below Their Intrinsic Value Estimate

Jul 03
Canada Goose Holdings Inc. (TSE:GOOS) Shares Could Be 28% Below Their Intrinsic Value Estimate

Canada Goose Holdings' (TSE:GOOS) Returns On Capital Not Reflecting Well On The Business

Jun 17
Canada Goose Holdings' (TSE:GOOS) Returns On Capital Not Reflecting Well On The Business

Canada Goose Holdings (TSE:GOOS) Has A Pretty Healthy Balance Sheet

Jun 02
Canada Goose Holdings (TSE:GOOS) Has A Pretty Healthy Balance Sheet

Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Apr 04
Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Here's What's Concerning About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

Mar 17
Here's What's Concerning About Canada Goose Holdings' (TSE:GOOS) Returns On Capital

We Think Canada Goose Holdings (TSE:GOOS) Can Stay On Top Of Its Debt

Feb 27
We Think Canada Goose Holdings (TSE:GOOS) Can Stay On Top Of Its Debt

Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Jan 04
Is It Too Late To Consider Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Stalled

Dec 14
Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Stalled

These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Reasonably Well

Nov 22
These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Reasonably Well

Is Now The Time To Look At Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Sep 27
Is Now The Time To Look At Buying Canada Goose Holdings Inc. (TSE:GOOS)?

Canada Goose Holdings Inc.'s (TSE:GOOS) Intrinsic Value Is Potentially 25% Below Its Share Price

Sep 13
Canada Goose Holdings Inc.'s (TSE:GOOS) Intrinsic Value Is Potentially 25% Below Its Share Price

Canada Goose Holdings' (TSE:GOOS) Returns On Capital Are Heading Higher

Aug 17
Canada Goose Holdings' (TSE:GOOS) Returns On Capital Are Heading Higher

Is Canada Goose Holdings (TSE:GOOS) A Risky Investment?

Aug 02
Is Canada Goose Holdings (TSE:GOOS) A Risky Investment?

Is Now An Opportune Moment To Examine Canada Goose Holdings Inc. (TSE:GOOS)?

Jun 16
Is Now An Opportune Moment To Examine Canada Goose Holdings Inc. (TSE:GOOS)?

Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Hit The Brakes

May 17
Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Hit The Brakes

Financial 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).


Balance Sheet


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