Constellation Brands Balance Sheet Health
Financial Health criteria checks 3/6
Constellation Brands has a total shareholder equity of $10.1B and total debt of $11.9B, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are $25.7B and $15.6B respectively. Constellation Brands's EBIT is $3.2B making its interest coverage ratio 7.3. It has cash and short-term investments of $152.4M.
Key information
117.9%
Debt to equity ratio
US$11.86b
Debt
Interest coverage ratio | 7.3x |
Cash | US$152.40m |
Equity | US$10.06b |
Total liabilities | US$15.63b |
Total assets | US$25.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CB1A's short term assets ($3.7B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: CB1A's short term assets ($3.7B) do not cover its long term liabilities ($12.5B).
Debt to Equity History and Analysis
Debt Level: CB1A's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: CB1A's debt to equity ratio has increased from 106.1% to 117.9% over the past 5 years.
Debt Coverage: CB1A's debt is well covered by operating cash flow (23.4%).
Interest Coverage: CB1A's interest payments on its debt are well covered by EBIT (7.3x coverage).