Constellation Income Before Tax vs Ebitda Analysis

STZ Stock  USD 239.66  1.10  0.46%   
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 Income Before Tax and its Ebitda 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.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Constellation Brands' Income Before Tax and Ebitda is 0.87. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda 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' Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Constellation Brands Class are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Constellation Brands' Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Constellation Brands income statement and is an important metric when analyzing Constellation Brands profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebitda

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 682.4 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

0.970.310.750.960.890.960.970.211.00.490.210.890.630.990.50.73-0.670.970.710.570.770.670.820.760.73
0.970.230.860.860.91.00.90.020.960.440.020.940.590.990.60.68-0.711.00.730.710.840.70.840.760.67
0.310.230.10.320.260.230.310.270.310.180.270.270.410.310.180.46-0.230.280.33-0.20.180.280.29-0.130.34
0.750.860.10.560.760.870.65-0.290.730.21-0.290.880.390.790.630.35-0.660.870.620.930.870.620.750.680.5
0.960.860.320.560.80.850.970.380.970.490.380.760.60.90.350.73-0.550.860.630.380.620.580.710.720.73
0.890.90.260.760.80.90.90.110.890.480.110.910.40.910.340.56-0.90.910.510.550.940.410.980.580.85
0.961.00.230.870.850.90.89-0.010.950.43-0.010.930.570.980.610.67-0.711.00.720.730.850.70.840.750.66
0.970.90.310.650.970.90.890.290.980.520.290.820.50.930.320.72-0.730.910.590.450.760.510.850.720.84
0.210.020.27-0.290.380.11-0.010.290.220.41.00.10.50.14-0.080.180.040.050.18-0.44-0.1-0.090.050.110.19
1.00.960.310.730.970.890.950.980.220.480.220.870.590.980.460.73-0.670.960.680.550.760.650.810.760.75
0.490.440.180.210.490.480.430.520.40.480.40.460.50.510.310.55-0.390.460.50.030.420.330.460.530.27
0.210.020.27-0.290.380.11-0.010.291.00.220.40.10.50.14-0.080.180.040.050.18-0.44-0.1-0.090.050.110.19
0.890.940.270.880.760.910.930.820.10.870.460.10.650.920.630.48-0.710.950.730.70.90.630.860.660.61
0.630.590.410.390.60.40.570.50.50.590.50.50.650.650.730.5-0.060.610.820.220.30.70.280.470.08
0.990.990.310.790.90.910.980.930.140.980.510.140.920.650.580.74-0.70.990.740.610.810.690.840.740.69
0.50.60.180.630.350.340.610.32-0.080.460.31-0.080.630.730.580.46-0.140.610.920.580.410.790.260.54-0.06
0.730.680.460.350.730.560.670.720.180.730.550.180.480.50.740.46-0.480.680.670.170.40.530.50.530.54
-0.67-0.71-0.23-0.66-0.55-0.9-0.71-0.730.04-0.67-0.390.04-0.71-0.06-0.7-0.14-0.48-0.71-0.29-0.48-0.91-0.1-0.95-0.41-0.88
0.971.00.280.870.860.911.00.910.050.960.460.050.950.610.990.610.68-0.710.740.70.860.70.850.750.67
0.710.730.330.620.630.510.720.590.180.680.50.180.730.820.740.920.67-0.290.740.50.50.820.430.70.2
0.570.71-0.20.930.380.550.730.45-0.440.550.03-0.440.70.220.610.580.17-0.480.70.50.70.550.530.690.3
0.770.840.180.870.620.940.850.76-0.10.760.42-0.10.90.30.810.410.4-0.910.860.50.70.380.960.560.75
0.670.70.280.620.580.410.70.51-0.090.650.33-0.090.630.70.690.790.53-0.10.70.820.550.380.310.650.06
0.820.840.290.750.710.980.840.850.050.810.460.050.860.280.840.260.5-0.950.850.430.530.960.310.510.88
0.760.76-0.130.680.720.580.750.720.110.760.530.110.660.470.740.540.53-0.410.750.70.690.560.650.510.39
0.730.670.340.50.730.850.660.840.190.750.270.190.610.080.69-0.060.54-0.880.670.20.30.750.060.880.39
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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.