Canada Free Cash Flow Yield vs Price To Sales Ratio Analysis

GOOS Stock  CAD 15.55  0.40  2.64%   
Canada Goose financial indicator trend analysis is way more than just evaluating Canada Goose Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Goose Holdings is a good investment. Please check the relationship between Canada Goose Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Goose Holdings Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Canada Goose's Free Cash Flow Yield and Price To Sales Ratio is -0.6. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Canada Goose Holdings, assuming nothing else is changed. The correlation between historical values of Canada Goose's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Canada Goose Holdings are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Canada Goose's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Canada Goose Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canada Goose sales, a figure that is much harder to manipulate than other Canada Goose Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Canada Goose's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Goose Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 3rd of August 2025, Selling General Administrative is likely to drop to about 408.2 M. In addition to that, Tax Provision is likely to drop to about 22.1 M
 2022 2023 2024 2025 (projected)
Gross Profit815.2M917.4M943.1M543.2M
Total Revenue1.2B1.3B1.3B856.7M

Canada Goose fundamental ratios Correlations

0.560.450.410.580.620.510.650.510.260.640.540.450.520.140.480.470.450.420.420.710.470.620.61-0.290.51
0.560.970.630.990.940.960.930.980.590.910.560.860.99-0.170.920.950.860.880.880.810.980.960.93-0.030.99
0.450.970.550.960.840.960.820.980.620.80.490.840.97-0.150.910.980.840.90.890.710.990.90.890.130.99
0.410.630.550.620.620.540.60.650.780.640.260.440.64-0.010.40.520.440.570.460.570.60.70.55-0.150.61
0.580.990.960.620.910.970.910.980.610.880.60.830.98-0.150.920.950.830.870.890.840.970.960.95-0.040.99
0.620.940.840.620.910.870.980.90.421.00.550.830.91-0.20.830.810.830.760.770.850.850.930.9-0.230.88
0.510.960.960.540.970.870.850.940.560.830.590.840.94-0.160.880.960.840.870.890.80.960.910.92-0.090.97
0.650.930.820.60.910.980.850.890.430.980.610.810.9-0.150.860.810.810.760.760.870.850.930.89-0.220.87
0.510.980.980.650.980.90.940.890.680.870.50.781.0-0.170.920.930.780.920.90.770.980.960.930.070.98
0.260.590.620.780.610.420.560.430.680.410.30.240.66-0.020.510.560.240.70.550.40.650.680.540.210.64
0.640.910.80.640.881.00.830.980.870.410.570.810.88-0.180.780.760.810.710.710.860.810.910.87-0.270.84
0.540.560.490.260.60.550.590.610.50.30.570.580.49-0.080.50.540.580.350.270.630.520.580.48-0.060.55
0.450.860.840.440.830.830.840.810.780.240.810.580.78-0.160.740.881.00.610.630.670.840.720.69-0.010.84
0.520.990.970.640.980.910.940.91.00.660.880.490.78-0.170.930.930.780.920.910.780.980.970.950.030.98
0.14-0.17-0.15-0.01-0.15-0.2-0.16-0.15-0.17-0.02-0.18-0.08-0.16-0.17-0.18-0.1-0.16-0.2-0.170.2-0.14-0.14-0.11-0.03-0.15
0.480.920.910.40.920.830.880.860.920.510.780.50.740.93-0.180.90.740.860.910.690.920.890.890.050.93
0.470.950.980.520.950.810.960.810.930.560.760.540.880.93-0.10.90.880.860.860.70.980.860.850.10.98
0.450.860.840.440.830.830.840.810.780.240.810.581.00.78-0.160.740.880.610.630.670.840.720.69-0.010.84
0.420.880.90.570.870.760.870.760.920.70.710.350.610.92-0.20.860.860.610.940.660.90.860.870.070.9
0.420.880.890.460.890.770.890.760.90.550.710.270.630.91-0.170.910.860.630.940.690.890.850.93-0.070.9
0.710.810.710.570.840.850.80.870.770.40.860.630.670.780.20.690.70.670.660.690.720.840.87-0.340.77
0.470.980.990.60.970.850.960.850.980.650.810.520.840.98-0.140.920.980.840.90.890.720.920.890.111.0
0.620.960.90.70.960.930.910.930.960.680.910.580.720.97-0.140.890.860.720.860.850.840.920.95-0.130.94
0.610.930.890.550.950.90.920.890.930.540.870.480.690.95-0.110.890.850.690.870.930.870.890.95-0.180.92
-0.29-0.030.13-0.15-0.04-0.23-0.09-0.220.070.21-0.27-0.06-0.010.03-0.030.050.1-0.010.07-0.07-0.340.11-0.13-0.180.06
0.510.990.990.610.990.880.970.870.980.640.840.550.840.98-0.150.930.980.840.90.90.771.00.940.920.06
Click cells to compare fundamentals

Canada Goose Account Relationship Matchups

Canada Goose fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding111.1M109.2M105.6M101.8M96.8M110.7M
Total Assets1.5B1.3B1.6B1.5B1.6B1.1B
Short Long Term Debt Total622.6M640.2M754M728.4M837.7M419.1M
Other Current Liab118.9M43M157.1M129.4M2.6M2.5M
Total Current Liabilities262.1M281.5M352.4M309.9M328.4M214.9M
Total Stockholder Equity600.1M427.9M469.5M417M541.2M402.2M
Other Liab44.5M41.1M61.4M72.8M83.7M44.2M
Net Tangible Assets190.4M305.4M399.7M252.6M290.5M305.0M
Property Plant And Equipment Net350.2M329.4M447.8M451.6M441.8M256.6M
Net Debt144.7M333M467.5M583.5M77.6M73.7M
Retained Earnings454.4M290.4M316.5M252.5M346.7M253.0M
Accounts Payable78.9M176.2M60.1M57.6M39.6M68.3M
Cash477.9M287.7M286.5M144.9M334.4M177.0M
Non Current Assets Total610.3M578.3M726.8M740.8M741.5M514.3M
Non Currrent Assets Other7M100K5.1M20.4M12.5M95K
Other Assets53.5M73.6M80M83.3M95.8M100.6M
Long Term Debt367.8M366.2M391.6M388.5M407.7M275.7M
Cash And Short Term Investments477.9M287.7M286.5M144.9M334.4M177.0M
Net Receivables45.7M43.8M51.8M98.4M68.6M43.9M
Liabilities And Stockholders Equity1.5B1.3B1.6B1.5B1.6B1.1B
Non Current Liabilities Total645M631.2M760.1M748.2M731.7M473.0M
Inventory342.3M393.3M472.6M445.2M384M319.7M
Other Current Assets43.5M31M37.5M52.3M63.8M36.6M
Other Stockholder Equity25.2M36.2M28.5M54.4M19.5M20.5M
Total Liab907.1M912.7M1.1B1.1B1.1B689.5M
Property Plant And Equipment Gross350.2M329.4M447.8M903.3M1.0B1.1B
Total Current Assets896.9M762.3M863.2M740.8M875.2M578.9M
Accumulated Other Comprehensive Income(5.2M)(17.2M)5.8M5.2M6.0M6.3M
Short Term Debt0.035.9M45.2M62.3M103.7M89.3M
Intangible Assets161.7M155M122.2M135.1M131.9M151.3M
Common Stock120.5M118.5M118.7M104.9M109.6M101.6M
Property Plant Equipment350.2M329.4M447.8M451.6M441.8M256.6M
Long Term Debt Total577.4M577.9M650.3M639.1M654.6M441.8M
Capital Surpluse25.2M26.2M28.5M54.4M65.4M68.7M
Non Current Liabilities Other20.4M25.7M56.9M54.6M40.3M28.1M
Net Invested Capital967.9M797.9M888.7M814.9M953.2M828.6M

Pair Trading with Canada Goose

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canada Goose position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canada Goose will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canada Stock

  0.84NVDA NVIDIA CDRPairCorr
  0.79MSFT Microsoft Corp CDRPairCorr
  0.82AMZN Amazon CDRPairCorr
  0.81GOOG Alphabet CDRPairCorr

Moving against Canada Stock

  0.78BRK Berkshire Hathaway CDRPairCorr
  0.41WMT Walmart Inc CDRPairCorr
The ability to find closely correlated positions to Canada Goose could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canada Goose when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canada Goose - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canada Goose Holdings to buy it.
The correlation of Canada Goose is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canada Goose moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canada Goose Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canada Goose can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Canada Goose Holdings is a strong investment it is important to analyze Canada Goose's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canada Goose's future performance. For an informed investment choice regarding Canada Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Goose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.