Constellation Cash And Short Term Investments vs Intangible Assets Analysis

STZ Stock  USD 241.67  2.01  0.84%   
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 Intangible 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 Intangible Assets

Cash And Short Term Investments vs Intangible 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 Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Constellation Brands' Cash And Short Term Investments and Intangible Assets is -0.09. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible 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 Intangible 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 Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., Constellation Brands' Cash And Short Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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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.