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
No updates
Recent updates
Canada Goose: Feathers Intact And Setting The Stage For Future Growth
May 20Canada Goose's Store Strategy Has Fundamental Challenges
Mar 20Canada Goose Q3: Strong Underlying Demand And Attractive Share Buyback
Feb 07Canada Goose: Waiting For The Targeted Earnings Growth
Dec 18Canada Goose: Undervalued Luxury
Oct 13Canada Goose Holdings: Management Hitting Their Strategic Targets
Sep 21Feathers Of Fortune: Time To Be Bullish On Canada Goose
Jul 19Canada Goose Holdings: Highly Overvalued Even After A Significant Price Drop
Feb 22Canada Goose: A Potential Acquisition Target Now
Feb 13Canada Goose Holdings Q3 2023 Earnings Preview
Feb 01Canada Goose: Bullish With A Second Chance In China
Dec 08Canada Goose Holdings Q2 2023 Earnings Preview
Nov 01Canada Goose: A Cyclical Value Opportunity
Sep 19Canada Goose Holdings Non-GAAP EPS of -C$0.56 beats by C$0.06, revenue of C$69.9M beats by C$7.1M
Aug 11Canada Goose: FY23 Looks Very Promising
Jul 28Canada Goose: Talk To Me, Goose
Jun 01Canada Goose: Recent Headwinds Are Temporary
Mar 24Canada Goose: Obviously, It's Not Worth 37X-54X P/E
Feb 17Canada Goose: This Stock Is Heating Up
Dec 18Financial 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).