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Constellation Brands Current Ratio

: 1.40 (As of May. 2022)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Constellation Brands's current ratio for the quarter that ended in May. 2022 was 1.40.

Constellation Brands has a current ratio of 1.40. It generally indicates good short-term financial strength.

The historical rank and industry rank for Constellation Brands's Current Ratio or its related term are showing as below:

STZ' s Current Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2   Max: 5.79
Current: 1.4

During the past 13 years, Constellation Brands's highest Current Ratio was 5.79. The lowest was 1.08. And the median was 2.00.

STZ's Current Ratio is ranked worse than
65.74% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 1.73 vs STZ: 1.40

Constellation Brands Current Ratio Historical Data

The historical data trend for Constellation Brands's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Constellation Brands Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.16 1.51 2.40 1.23

Constellation Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.35 1.50 1.23 1.40

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Constellation Brands's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Constellation Brands Current Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Current Ratio distribution charts can be found below:

* The bar in red indicates where Constellation Brands's Current Ratio falls into.



Constellation Brands Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Constellation Brands's Current Ratio for the fiscal year that ended in Feb. 2022

Current Ratio (A: Feb. 2022 )=Total Current Assets (A: Feb. 2022 )/Total Current Liabilities (A: Feb. 2022 )
=3329.7/2698.8
=1.23

Constellation Brands's Current Ratio for the quarter that ended in May. 2022 is calculated as

Current Ratio (Q: May. 2022 )=Total Current Assets (Q: May. 2022 )/Total Current Liabilities (Q: May. 2022 )
=3302.2/2365.8
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Constellation Brands  (NYSE:STZ) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Constellation Brands Current Ratio Related Terms

Thank you for viewing the detailed overview of Constellation Brands's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Constellation Brands Business Description

Constellation Brands logo
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest multi-category alcohol supplier in the U.S. The business is anchored by a portfolio of Mexican beer trademarks, including Corona and Modelo, for which it acquired exclusive and perpetual U.S. ownership from AB InBev. The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant Mexican brewer, Grupo Modelo. Constellation's wine/spirits business is in transition, and it has divested several lower-margin assets, including myriad wine brands and its Ballast Point craft beer brand. The firm imports most products after manufacturing them abroad, going to market through independent wholesalers. It owns 38.6% of Canopy Growth, a leading provider of medicinal and recreational cannabis products.
Executives
Carey Kaneenat Kristann officer: EVP & Chief HR Officer 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Richard Sands Master Trust 10 percent owner 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Res Master Llc 10 percent owner 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Robert Sands Master Trust 10 percent owner 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Rss Master Llc 10 percent owner 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Rct 2020 Investments Llc 10 percent owner 207 HIGH POINT DRIVE BUILDING 100 VICTOR NY 14564
Fink Nicholas I. director 510 LAKE COOK ROAD DEERFIELD IL 60015
Daniels Jennifer director C/O BARNES & NOBLE, INC. 122 FIFTH AVENUE NEW YORK NY 10011
Johnson Susan S director 303 PEACHTREE STREET, NE ATLANTA GA 30308
Hernandez Ernesto M director C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DRIVE, BLDG. 100 VICTOR NY 14564
Schmeling Judy director C/O HSN, INC. 1 HSN DRIVE ST.PETERSBURG FL 33729
Mccarthy Daniel J director FRONTIER COMMUNICATIONS 401 MERRITT 7 NORWALK CT 06851
Newlands William A director, officer: President & CEO C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DR., BUILDING 100 VICTOR NY 14564
Bourdeau James O. officer: EVP & Gen. Counsel C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DRIVE, BLDG. 100 VICTOR NY 14564
Sabia James A. Jr. officer: EVP & Chief Marketing Officer C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DRIVE, BLDG. 100 VICTOR NY 14564

Constellation Brands Headlines

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