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Canada Goose Holdings (TSX:GOOS) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is Canada Goose Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canada Goose Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$397 Mil. Canada Goose Holdings's Total Assets for the quarter that ended in Dec. 2023 was C$1,602 Mil. Therefore, Canada Goose Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

TSX:GOOS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.36   Max: 0.55
Current: 0.25

During the past 9 years, the highest Equity to Asset Ratio of Canada Goose Holdings was 0.55. The lowest was 0.15. And the median was 0.36.

TSX:GOOS's Equity-to-Asset is ranked worse than
82.78% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs TSX:GOOS: 0.25

Canada Goose Holdings Equity-to-Asset Historical Data

The historical data trend for Canada Goose Holdings's Equity-to-Asset 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 Equity-to-Asset Chart

Canada Goose Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.55 0.46 0.39 0.32 0.30

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
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.30 0.26 0.22 0.25

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

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

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

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



Canada Goose Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=469.5/1590
=0.30

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=396.5/1601.9
=0.25

* 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.


Canada Goose Holdings  (TSX:GOOS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Canada Goose Holdings Equity-to-Asset Related Terms

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


Canada Goose Holdings (TSX:GOOS) Business Description

Traded in Other Exchanges
Address
250 Bowie Avenue, Toronto, ON, CAN, M6E 4Y2
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.