Constellation Total Liab vs Property Plant And Equipment Gross 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 Total Liab and its Property Plant And Equipment Gross 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.

Total Liab vs Property Plant And Equipment Gross

Total Liab vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Total Liab account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Constellation Brands' Total Liab and Property Plant And Equipment Gross is 0.85. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Gross 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' Total Liab and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Constellation Brands Class are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Liab i.e., Constellation Brands' Total Liab and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Gross

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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