Canada Goose Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Canada Goose Holdings has a total shareholder equity of CA$400.9M and total debt of CA$419.7M, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are CA$1.6B and CA$1.2B respectively. Canada Goose Holdings's EBIT is CA$110.0M making its interest coverage ratio 2.9. It has cash and short-term investments of CA$154.3M.
Key information
104.7%
Debt to equity ratio
CA$419.70m
Debt
| Interest coverage ratio | 2.9x |
| Cash | CA$154.30m |
| Equity | CA$400.90m |
| Total liabilities | CA$1.20b |
| Total assets | CA$1.60b |
Recent financial health updates
These 4 Measures Indicate That Canada Goose Holdings (TSE:GOOS) Is Using Debt Extensively
Dec 04
We 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
Some 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 16Returns On Capital At Canada Goose Holdings (TSE:GOOS) Have Hit The Brakes
May 17Is Canada Goose Holdings Inc. (TSE:GOOS) Expensive For A Reason? A Look At Its Intrinsic Value
May 04Canada Goose Holdings (TSE:GOOS) Seems To Use Debt Rather Sparingly
Apr 19Is Now An Opportune Moment To Examine Canada Goose Holdings Inc. (TSE:GOOS)?
Mar 14Financial Position Analysis
Short Term Liabilities: GOOS's short term assets (CA$846.3M) exceed its short term liabilities (CA$453.4M).
Long Term Liabilities: GOOS's short term assets (CA$846.3M) exceed its long term liabilities (CA$747.6M).
Debt to Equity History and Analysis
Debt Level: GOOS's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: GOOS's debt to equity ratio has increased from 37.9% to 104.7% over the past 5 years.
Debt Coverage: GOOS's debt is well covered by operating cash flow (21.2%).
Interest Coverage: GOOS's interest payments on its debt are not well covered by EBIT (2.9x coverage).