Canada Goose Holdings (TSX:GOOS) Debt-to-EBITDA : 6.06 (As of Sep. 2024)

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What is Canada Goose Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Canada Goose Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$193 Mil. Canada Goose Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$701 Mil. Canada Goose Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was C$148 Mil. Canada Goose Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 6.06.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

TSX:GOOS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.66 Med: 2.94 Max: 3.77
Current: 3.34

During the past 10 years, the highest Debt-to-EBITDA Ratio of Canada Goose Holdings was 3.77. The lowest was 0.66. And the median was 2.94.

TSX:GOOS's Debt-to-EBITDA is ranked worse than
56.83% of 813 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72 vs TSX:GOOS: 3.34

Canada Goose Holdings Debt-to-EBITDA Historical Data

The historical data trend for Canada Goose Holdings's Debt-to-EBITDA 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.

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Canada Goose Holdings Debt-to-EBITDA Chart

Canada Goose Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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1.63

3.27

2.56

3.21

3.00

Canada Goose Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial															7.40	0.82	2.97	-3.59	6.06

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

For the Apparel Manufacturing subindustry, Canada Goose Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Canada Goose Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Canada Goose Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(89.3	+	639.1)	/	243.1
	=	3.00

Canada Goose Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(192.9	+	701)	/	147.6
	=	6.06

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.

Canada Goose Holdings (TSX:GOOS) Debt-to-EBITDA Explanation

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Canada Goose Holdings Debt-to-EBITDA Related Terms

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

Canada Goose Holdings Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GOOS:USA 1GC:Germany

Address

100 Queens Quay East, Floor 22, Toronto, ON, CAN, M5E 1V3

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, individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.