Canada Goose Holdings (Canada Goose Holdings) Debt-to-Equity : 1.87 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Canada Goose Holdings Debt-to-Equity?

Canada Goose Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $85.8 Mil. Canada Goose Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $466.5 Mil. Canada Goose Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $295.5 Mil. Canada Goose Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.87.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Canada Goose Holdings's Debt-to-Equity or its related term are showing as below:

GOOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 1.25 Max: 3.91
Current: 1.87

During the past 9 years, the highest Debt-to-Equity Ratio of Canada Goose Holdings was 3.91. The lowest was 0.36. And the median was 1.25.

GOOS's Debt-to-Equity is ranked worse than
89.28% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs GOOS: 1.87

Canada Goose Holdings Debt-to-Equity Historical Data

The historical data trend for Canada Goose Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canada Goose Holdings Debt-to-Equity Chart

Canada Goose Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.36

0.78

1.08

1.45

1.61

Canada Goose Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.58	1.61	1.99	2.52	1.87

Competitive Comparison of Canada Goose Holdings's Debt-to-Equity

For the Apparel Manufacturing subindustry, Canada Goose Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canada Goose Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Canada Goose Holdings's Debt-to-Equity falls into.

Canada Goose Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canada Goose Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(75.787	+	475.261)	/	343.127
	=	1.61

Canada Goose Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(85.793	+	466.532)	/	295.543
	=	1.87

Canada Goose Holdings (NYSE:GOOS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Canada Goose Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Canada Goose Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada Goose Holdings (Canada Goose Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Canada Goose Holdings Inc (NYSE:GOOS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1GC:Germany 1GC:Germany GOOS:Canada

Address

250 Bowie Avenue, Toronto, ON, CAN, M6E 4Y2

Website

https://www.canadagoose.com

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.