Constellation Other Current Liab vs Total 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 Other Current Liab and its Total 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 various price indices.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Constellation Brands' Other Current Liab and Total Assets is 0.14. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total 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' Other Current Liab and Total 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 Other Current Liab of Constellation Brands Class are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Constellation Brands' Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Total Assets

Total assets refers to the total amount of Constellation Brands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Constellation Brands books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 various price indices.
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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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.