Constellation Brands Balance Sheet Health
Financial Health criteria checks 3/6
Constellation Brands has a total shareholder equity of $8.2B and total debt of $11.6B, which brings its debt-to-equity ratio to 142.2%. Its total assets and total liabilities are $23.1B and $14.9B respectively. Constellation Brands's EBIT is $3.5B making its interest coverage ratio 8.4. It has cash and short-term investments of $64.6M.
Key information
142.2%
Debt to equity ratio
US$11.60b
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$64.60m |
| Equity | US$8.16b |
| Total liabilities | US$14.92b |
| Total assets | US$23.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CB1's short term assets ($3.6B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: CB1's short term assets ($3.6B) do not cover its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: CB1's net debt to equity ratio (141.4%) is considered high.
Reducing Debt: CB1's debt to equity ratio has increased from 110.5% to 142.2% over the past 5 years.
Debt Coverage: CB1's debt is well covered by operating cash flow (26.1%).
Interest Coverage: CB1's interest payments on its debt are well covered by EBIT (8.4x coverage).