Constellation Cash And Short Term Investments vs Other Current Assets 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 Cash And Short Term Investments and its Other Current Assets 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.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Constellation Brands' Cash And Short Term Investments and Other Current Assets is 0.13. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets 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' Cash And Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Constellation Brands Class are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Constellation Brands' Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Constellation Brands balance sheet. This account contains Constellation Brands investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Constellation Brands Class fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Expense	356.4M	398.7M	435.4M	226.3M
Depreciation And Amortization	424.3M	476.3M	429.2M	450.7M

Interest Expense Depreciation And Amortization

Constellation Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Property Plant And Equipment Gross	Other Liab	Other Assets
Total Assets		0.97	0.14	0.75	0.96	0.89	0.96	0.97	0.21	1.0	0.37	0.21	0.89	0.63	0.99	0.5	0.69	-0.67	0.97	0.71	0.54	0.77	0.67	0.82	0.76	0.73
Short Long Term Debt Total	0.97		0.18	0.86	0.86	0.9	1.0	0.9	0.02	0.96	0.3	0.02	0.94	0.59	0.99	0.6	0.7	-0.71	1.0	0.73	0.69	0.84	0.7	0.84	0.76	0.67
Other Current Liab	0.14	0.18		0.3	0.02	0.19	0.18	0.09	-0.2	0.12	0.0	-0.2	0.26	0.18	0.19	0.32	0.07	-0.3	0.22	0.31	0.08	0.32	0.22	0.29	-0.17	0.21
Total Current Liabilities	0.75	0.86	0.3		0.56	0.76	0.87	0.65	-0.29	0.73	0.06	-0.29	0.88	0.39	0.79	0.63	0.36	-0.66	0.87	0.62	0.92	0.87	0.62	0.75	0.68	0.5
Total Stockholder Equity	0.96	0.86	0.02	0.56		0.8	0.85	0.97	0.38	0.97	0.4	0.38	0.76	0.6	0.9	0.35	0.65	-0.55	0.86	0.63	0.35	0.62	0.58	0.71	0.72	0.73
Property Plant And Equipment Net	0.89	0.9	0.19	0.76	0.8		0.9	0.9	0.11	0.89	0.26	0.11	0.91	0.4	0.91	0.34	0.6	-0.9	0.91	0.51	0.53	0.94	0.41	0.98	0.58	0.85
Net Debt	0.96	1.0	0.18	0.87	0.85	0.9		0.89	-0.01	0.95	0.28	-0.01	0.93	0.57	0.98	0.61	0.7	-0.71	1.0	0.72	0.7	0.85	0.7	0.84	0.75	0.66
Retained Earnings	0.97	0.9	0.09	0.65	0.97	0.9	0.89		0.29	0.98	0.39	0.29	0.82	0.5	0.93	0.32	0.65	-0.73	0.91	0.59	0.42	0.76	0.51	0.85	0.72	0.84
Cash	0.21	0.02	-0.2	-0.29	0.38	0.11	-0.01	0.29		0.22	0.41	1.0	0.1	0.5	0.14	-0.08	0.13	0.04	0.05	0.18	-0.46	-0.1	-0.09	0.05	0.11	0.19
Non Current Assets Total	1.0	0.96	0.12	0.73	0.97	0.89	0.95	0.98	0.22		0.36	0.22	0.87	0.59	0.98	0.46	0.69	-0.67	0.96	0.68	0.52	0.76	0.65	0.81	0.76	0.75
Non Currrent Assets Other	0.37	0.3	0.0	0.06	0.4	0.26	0.28	0.39	0.41	0.36		0.41	0.28	0.49	0.37	0.31	0.29	-0.18	0.32	0.5	-0.1	0.19	0.36	0.23	0.52	0.1
Cash And Short Term Investments	0.21	0.02	-0.2	-0.29	0.38	0.11	-0.01	0.29	1.0	0.22	0.41		0.1	0.5	0.14	-0.08	0.13	0.04	0.05	0.18	-0.46	-0.1	-0.09	0.05	0.11	0.19
Net Receivables	0.89	0.94	0.26	0.88	0.76	0.91	0.93	0.82	0.1	0.87	0.28	0.1		0.65	0.92	0.63	0.52	-0.71	0.95	0.73	0.68	0.9	0.63	0.86	0.66	0.61
Common Stock Shares Outstanding	0.63	0.59	0.18	0.39	0.6	0.4	0.57	0.5	0.5	0.59	0.49	0.5	0.65		0.65	0.73	0.49	-0.06	0.61	0.82	0.2	0.3	0.7	0.28	0.47	0.08
Non Current Liabilities Total	0.99	0.99	0.19	0.79	0.9	0.91	0.98	0.93	0.14	0.98	0.37	0.14	0.92	0.65		0.58	0.74	-0.7	0.99	0.74	0.58	0.81	0.69	0.84	0.74	0.69
Inventory	0.5	0.6	0.32	0.63	0.35	0.34	0.61	0.32	-0.08	0.46	0.31	-0.08	0.63	0.73	0.58		0.42	-0.14	0.61	0.92	0.58	0.41	0.79	0.26	0.54	-0.06
Other Current Assets	0.69	0.7	0.07	0.36	0.65	0.6	0.7	0.65	0.13	0.69	0.29	0.13	0.52	0.49	0.74	0.42		-0.47	0.68	0.52	0.19	0.4	0.44	0.5	0.37	0.48
Other Stockholder Equity	-0.67	-0.71	-0.3	-0.66	-0.55	-0.9	-0.71	-0.73	0.04	-0.67	-0.18	0.04	-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
Total Liab	0.97	1.0	0.22	0.87	0.86	0.91	1.0	0.91	0.05	0.96	0.32	0.05	0.95	0.61	0.99	0.61	0.68	-0.71		0.74	0.68	0.86	0.7	0.85	0.75	0.67
Total Current Assets	0.71	0.73	0.31	0.62	0.63	0.51	0.72	0.59	0.18	0.68	0.5	0.18	0.73	0.82	0.74	0.92	0.52	-0.29	0.74		0.49	0.5	0.82	0.43	0.7	0.2
Short Term Debt	0.54	0.69	0.08	0.92	0.35	0.53	0.7	0.42	-0.46	0.52	-0.1	-0.46	0.68	0.2	0.58	0.58	0.19	-0.45	0.68	0.49		0.68	0.53	0.51	0.67	0.26
Accounts Payable	0.77	0.84	0.32	0.87	0.62	0.94	0.85	0.76	-0.1	0.76	0.19	-0.1	0.9	0.3	0.81	0.41	0.4	-0.91	0.86	0.5	0.68		0.38	0.96	0.56	0.75
Intangible Assets	0.67	0.7	0.22	0.62	0.58	0.41	0.7	0.51	-0.09	0.65	0.36	-0.09	0.63	0.7	0.69	0.79	0.44	-0.1	0.7	0.82	0.53	0.38		0.31	0.65	0.06
Property Plant And Equipment Gross	0.82	0.84	0.29	0.75	0.71	0.98	0.84	0.85	0.05	0.81	0.23	0.05	0.86	0.28	0.84	0.26	0.5	-0.95	0.85	0.43	0.51	0.96	0.31		0.51	0.88
Other Liab	0.76	0.76	-0.17	0.68	0.72	0.58	0.75	0.72	0.11	0.76	0.52	0.11	0.66	0.47	0.74	0.54	0.37	-0.41	0.75	0.7	0.67	0.56	0.65	0.51		0.39
Other Assets	0.73	0.67	0.21	0.5	0.73	0.85	0.66	0.84	0.19	0.75	0.1	0.19	0.61	0.08	0.69	-0.06	0.48	-0.88	0.67	0.2	0.26	0.75	0.06	0.88	0.39

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Constellation Brands Account Relationship Matchups

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Constellation Cash And Short Term Investments vs Other Current Assets Analysis

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Assets

Constellation Brands fundamental ratios Correlations

Constellation Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Constellation Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.95	Other Stockholder Equity
Accounts Payable	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.9	Property Plant And Equipment Net
Other Assets	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Retained Earnings
Total Liab	- 0.71	Other Stockholder Equity