Constellation Accounts Payable vs Total Stockholder Equity Analysis

STZ Stock  USD 241.13  1.94  0.80%   
Constellation Brands financial indicator trend analysis is way more than just evaluating Constellation Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Constellation Brands is a good investment. Please check the relationship between Constellation Brands Accounts Payable and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Constellation Brands' Accounts Payable and Total Stockholder Equity is 0.62. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Constellation Brands Class, assuming nothing else is changed. The correlation between historical values of Constellation Brands' Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Constellation Brands Class are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Constellation Brands' Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Constellation Brands obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Constellation Brands are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Constellation Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Constellation Brands 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 679.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense356.4M398.7M435.4M226.3M
Depreciation And Amortization424.3M476.3M429.2M450.7M

Constellation Brands fundamental ratios Correlations

0.970.140.750.960.890.960.970.211.00.370.210.890.630.990.50.69-0.670.970.710.540.770.670.820.760.73
0.970.180.860.860.91.00.90.020.960.30.020.940.590.990.60.7-0.711.00.730.690.840.70.840.760.67
0.140.180.30.020.190.180.09-0.20.120.0-0.20.260.180.190.320.07-0.30.220.310.080.320.220.29-0.170.21
0.750.860.30.560.760.870.65-0.290.730.06-0.290.880.390.790.630.36-0.660.870.620.920.870.620.750.680.5
0.960.860.020.560.80.850.970.380.970.40.380.760.60.90.350.65-0.550.860.630.350.620.580.710.720.73
0.890.90.190.760.80.90.90.110.890.260.110.910.40.910.340.6-0.90.910.510.530.940.410.980.580.85
0.961.00.180.870.850.90.89-0.010.950.28-0.010.930.570.980.610.7-0.711.00.720.70.850.70.840.750.66
0.970.90.090.650.970.90.890.290.980.390.290.820.50.930.320.65-0.730.910.590.420.760.510.850.720.84
0.210.02-0.2-0.290.380.11-0.010.290.220.411.00.10.50.14-0.080.130.040.050.18-0.46-0.1-0.090.050.110.19
1.00.960.120.730.970.890.950.980.220.360.220.870.590.980.460.69-0.670.960.680.520.760.650.810.760.75
0.370.30.00.060.40.260.280.390.410.360.410.280.490.370.310.29-0.180.320.5-0.10.190.360.230.520.1
0.210.02-0.2-0.290.380.11-0.010.291.00.220.410.10.50.14-0.080.130.040.050.18-0.46-0.1-0.090.050.110.19
0.890.940.260.880.760.910.930.820.10.870.280.10.650.920.630.52-0.710.950.730.680.90.630.860.660.61
0.630.590.180.390.60.40.570.50.50.590.490.50.650.650.730.49-0.060.610.820.20.30.70.280.470.08
0.990.990.190.790.90.910.980.930.140.980.370.140.920.650.580.74-0.70.990.740.580.810.690.840.740.69
0.50.60.320.630.350.340.610.32-0.080.460.31-0.080.630.730.580.42-0.140.610.920.580.410.790.260.54-0.06
0.690.70.070.360.650.60.70.650.130.690.290.130.520.490.740.42-0.470.680.520.190.40.440.50.370.48
-0.67-0.71-0.3-0.66-0.55-0.9-0.71-0.730.04-0.67-0.180.04-0.71-0.06-0.7-0.14-0.47-0.71-0.29-0.45-0.91-0.1-0.95-0.41-0.88
0.971.00.220.870.860.911.00.910.050.960.320.050.950.610.990.610.68-0.710.740.680.860.70.850.750.67
0.710.730.310.620.630.510.720.590.180.680.50.180.730.820.740.920.52-0.290.740.490.50.820.430.70.2
0.540.690.080.920.350.530.70.42-0.460.52-0.1-0.460.680.20.580.580.19-0.450.680.490.680.530.510.670.26
0.770.840.320.870.620.940.850.76-0.10.760.19-0.10.90.30.810.410.4-0.910.860.50.680.380.960.560.75
0.670.70.220.620.580.410.70.51-0.090.650.36-0.090.630.70.690.790.44-0.10.70.820.530.380.310.650.06
0.820.840.290.750.710.980.840.850.050.810.230.050.860.280.840.260.5-0.950.850.430.510.960.310.510.88
0.760.76-0.170.680.720.580.750.720.110.760.520.110.660.470.740.540.37-0.410.750.70.670.560.650.510.39
0.730.670.210.50.730.850.660.840.190.750.10.190.610.080.69-0.060.48-0.880.670.20.260.750.060.880.39
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Constellation Brands Account Relationship Matchups

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Additional Tools for Constellation Stock Analysis

When running Constellation Brands' price analysis, check to measure Constellation Brands' 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 Constellation Brands is operating at the current time. Most of Constellation Brands' value examination focuses on studying past and present price action to predict the probability of Constellation Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Brands' price. Additionally, you may evaluate how the addition of Constellation Brands to your portfolios can decrease your overall portfolio volatility.