Constellation Non Operating Income Net Other vs Depreciation And Amortization Analysis

STZ Stock  USD 260.04  1.67  0.64%   
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 Non Operating Income Net Other and its Depreciation And Amortization 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Non Operating Income Net Other vs Depreciation And Amortization

Non Operating Income Net Other vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Non Operating Income Net Other account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Constellation Brands' Non Operating Income Net Other and Depreciation And Amortization is -0.5. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Depreciation And Amortization 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' Non Operating Income Net Other and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Constellation Brands Class are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Operating Income Net Other i.e., Constellation Brands' Non Operating Income Net Other and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Operating Income Net Other

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 296.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense356.4M398.7M435.4M226.3M
Depreciation And Amortization1.0B383.8M429.2M450.7M

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

Currently Active Assets on Macroaxis

When determining whether Constellation Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Constellation Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Constellation Brands Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Constellation Brands Class Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.
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Is Constellation Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Constellation Brands. If investors know Constellation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Constellation Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.764
Dividend Share
3.56
Earnings Share
9.39
Revenue Per Share
54.345
Quarterly Revenue Growth
0.071
The market value of Constellation Brands is measured differently than its book value, which is the value of Constellation that is recorded on the company's balance sheet. Investors also form their own opinion of Constellation Brands' value that differs from its market value or its book value, called intrinsic value, which is Constellation Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Constellation Brands' market value can be influenced by many factors that don't directly affect Constellation Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Constellation Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellation Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellation Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.