GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Constellation Brands Inc (FRA:CB1A) » Definitions » Total Current Liabilities

Constellation Brands (FRA:CB1A) Total Current Liabilities : €2,912 Mil (As of Feb. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Constellation Brands Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Constellation Brands's total current liabilities for the quarter that ended in Feb. 2024 was €2,912

Constellation Brands Total Current Liabilities Historical Data

The historical data trend for Constellation Brands's Total Current Liabilities 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 Total Current Liabilities Chart

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,119.92 1,049.55 2,377.64 2,772.39 2,912.36

Constellation Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Current Liabilities Get a 7-Day Free Trial 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 2,772.39 2,935.26 2,620.33 3,123.03 2,912.36

Constellation Brands Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Constellation Brands's Total Current Liabilities for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1521.856+1193.791
+Other Current Liabilities+Current Deferred Liabilities
=164.635+32.074
=2,912

Constellation Brands's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1521.856+1193.791
+Other Current Liabilities+Current Deferred Liabilities
=164.635+32.074
=2,912

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Constellation Brands Total Current Liabilities Related Terms

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

Constellation Brands (FRA:CB1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Constellation Brands Inc (FRA:CB1A) » Definitions » Total Current Liabilities
Comparable Companies
BF.B MGPI NAPA SNDL CWGL WVVI FVTI SBEV VWE VINE SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 SZSE:000568 XPAR:RI SZSE:002304 SZSE:000596 MIL:CPR BOM:532432
Traded in Other Exchanges
STZ:USA STZ:Mexico STZB34:Brazil STZ:Austria
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Website
https://www.cbrands.com
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Constellation Brands (FRA:CB1A) Headlines

No Headlines