Canada Current Ratio from 2010 to 2024

GOOS Stock  USD 9.75  0.36  3.83%   
Canada Goose Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.39044853
Current Value
3.05
Quarterly Volatility
0.37953121
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canada Goose financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canada Goose's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 21 M or Selling General Administrative of 832.5 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0 or PTB Ratio of 3.84. Canada financial statements analysis is a perfect complement when working with Canada Goose Valuation or Volatility modules.
  
Check out the analysis of Canada Goose Correlation against competitors.

Latest Canada Goose's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Canada Goose Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Canada Goose's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canada Goose's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.42 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Canada Current Ratio Regression Statistics

Arithmetic Mean2.91
Geometric Mean2.89
Coefficient Of Variation13.04
Mean Deviation0.34
Median3.05
Standard Deviation0.38
Sample Variance0.14
Range1.1691
R-Value(0.51)
Mean Square Error0.11
R-Squared0.26
Significance0.05
Slope(0.04)
Total Sum of Squares2.02

Canada Current Ratio History

2024 3.05
2023 2.39
2022 2.45
2021 2.71
2020 3.42
2019 2.6
2018 3.02

About Canada Goose Financial Statements

Canada Goose shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Canada Goose investors may analyze each financial statement separately, they are all interrelated. The changes in Canada Goose's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canada Goose's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.39  3.05 

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Additional Tools for Canada Stock Analysis

When running Canada Goose's price analysis, check to measure Canada Goose's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.