Molson Total Current Assets vs Net Working Capital Analysis
TAP Stock | USD 57.45 0.53 0.93% |
Molson Coors financial indicator trend analysis is infinitely more than just investigating Molson Coors Brewing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Molson Coors Brewing is a good investment. Please check the relationship between Molson Coors Total Current Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Brewing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Molson Coors Brewing Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Molson Coors' Total Current Assets and Net Working Capital is 0.03. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Molson Coors Brewing, assuming nothing else is changed. The correlation between historical values of Molson Coors' Total Current Assets and Net Working Capital 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 Current Assets of Molson Coors Brewing are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Molson Coors' Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Working Capital
Most indicators from Molson Coors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Molson Coors Brewing 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 Molson Coors Brewing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Molson Coors' Discontinued Operations is relatively stable compared to the past year. As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Enterprise Value Over EBITDA is likely to drop 6.62.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 10.3B | 10.7B | 11.7B | 12.3B | Depreciation And Amortization | 875.1M | 684.8M | 682.8M | 716.9M |
Molson Coors fundamental ratios Correlations
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Molson Coors Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Molson Coors fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.9B | 27.3B | 27.6B | 25.9B | 26.4B | 27.7B | |
Total Current Liabilities | 3.7B | 3.9B | 3.6B | 3.4B | 4.1B | 4.3B | |
Total Stockholder Equity | 13.4B | 12.4B | 13.4B | 12.7B | 13.2B | 13.9B | |
Property Plant And Equipment Net | 4.5B | 4.3B | 4.2B | 4.2B | 4.4B | 4.7B | |
Net Debt | 8.5B | 7.5B | 6.5B | 6.0B | 5.4B | 5.7B | |
Retained Earnings | 7.6B | 6.5B | 7.4B | 6.9B | 7.5B | 7.9B | |
Cash | 523.4M | 770.1M | 637.4M | 600M | 868.9M | 912.3M | |
Non Current Assets Total | 26.7B | 24.9B | 24.8B | 23.2B | 23.5B | 24.7B | |
Non Currrent Assets Other | 841.5M | 954.9M | 1.2B | 915.5M | 1.1B | 1.2B | |
Cash And Short Term Investments | 523.4M | 770.1M | 637.4M | 600M | 868.9M | 912.3M | |
Net Receivables | 871M | 820.3M | 687.1M | 879.4M | 866.2M | 537.3M | |
Common Stock Shares Outstanding | 216.6M | 216.9M | 216.8M | 217.6M | 217.3M | 147.1M | |
Liabilities And Stockholders Equity | 28.9B | 27.3B | 27.6B | 25.9B | 26.4B | 27.7B | |
Non Current Liabilities Total | 11.5B | 10.8B | 10.3B | 9.6B | 8.8B | 9.3B | |
Inventory | 615.9M | 664.3M | 804.7M | 792.9M | 802.3M | 842.4M | |
Other Current Assets | 224.8M | 297.3M | 457.2M | 378.9M | 297.9M | 312.8M | |
Other Stockholder Equity | 6.3B | 6.5B | 6.5B | 6.5B | 6.4B | 6.7B | |
Total Liab | 15.2B | 14.7B | 14.0B | 13.0B | 12.9B | 13.6B | |
Total Current Assets | 2.2B | 2.4B | 2.8B | 2.6B | 2.8B | 3.0B | |
Intangible Assets | 13.7B | 13.6B | 13.3B | 12.8B | 12.6B | 13.2B | |
Short Long Term Debt Total | 9.0B | 8.3B | 7.2B | 6.6B | 6.3B | 3.3B | |
Other Current Liab | 387.7M | 472.2M | 386.1M | 288.7M | 329.4M | 178.0M | |
Short Term Debt | 928.2M | 1.1B | 514.9M | 397.1M | 958.7M | 1.0B | |
Accounts Payable | 2.8B | 1.7B | 3.1B | 3.0B | 2.1B | 2.3B | |
Current Deferred Revenue | (387.7M) | 637.5M | (386.1M) | (288.7M) | 654.7M | 354.8M | |
Good Will | 7.6B | 6.2B | 6.2B | 5.3B | 5.3B | 3.0B | |
Common Stock Total Equity | 662.8M | 662.4M | 522.2M | 2.1M | 2.4M | 2.3M | |
Property Plant And Equipment Gross | 4.5B | 4.3B | 7.7B | 7.9B | 8.5B | 9.0B | |
Accumulated Other Comprehensive Income | (1.2B) | (1.2B) | (1.0B) | (1.2B) | (1.1B) | (1.1B) | |
Common Stock | 662.4M | 522.2M | 522.1M | 517.6M | 455.2M | 290.8M | |
Other Liab | 3.2B | 3.6B | 3.7B | 3.3B | 3.8B | 4.0B | |
Other Assets | 687M | 954.9M | 1.2B | 782.8M | 900.2M | 489.2M | |
Long Term Debt | 8.1B | 7.2B | 6.6B | 6.2B | 5.3B | 4.3B | |
Property Plant Equipment | 4.5B | 4.3B | 4.2B | 4.4B | 5.0B | 2.7B | |
Noncontrolling Interest In Consolidated Entity | 253.7M | 256.3M | 247M | 225.5M | 259.3M | 138.2M | |
Retained Earnings Total Equity | 7.6B | 6.5B | 7.4B | 6.9B | 7.9B | 5.5B | |
Deferred Long Term Liab | 2.3B | 2.4B | 2.7B | 2.6B | 3.0B | 3.2B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Brewing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Molson Coors Brewing information on this page should be used as a complementary analysis to other Molson Coors' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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Is Molson Coors' 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 Molson Coors. If investors know Molson 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 Molson Coors 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 1.939 | Dividend Share 1.67 | Earnings Share 5.01 | Revenue Per Share 55.579 | Quarterly Revenue Growth 0.107 |
The market value of Molson Coors Brewing is measured differently than its book value, which is the value of Molson that is recorded on the company's balance sheet. Investors also form their own opinion of Molson Coors' value that differs from its market value or its book value, called intrinsic value, which is Molson Coors' 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 Molson Coors' market value can be influenced by many factors that don't directly affect Molson Coors' 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 Molson Coors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Molson Coors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molson Coors' 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.