Constellation Operating Income vs Non Operating Income Net Other Analysis

STZ Stock  USD 235.97  2.37  1.01%   
Constellation Brands financial indicator trend analysis is way more than just evaluating Constellation Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Constellation Brands is a good investment. Please check the relationship between Constellation Brands Operating Income and its Non Operating Income Net Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Operating Income vs Non Operating Income Net Other

Operating Income vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Operating Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Constellation Brands' Operating Income and Non Operating Income Net Other is -0.43. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Constellation Brands Class, assuming nothing else is changed. The correlation between historical values of Constellation Brands' Operating Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Constellation Brands Class are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Operating Income i.e., Constellation Brands' Operating Income and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Constellation Brands operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Constellation Brands Class is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Operating Income Net Other

Most indicators from Constellation Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Constellation Brands 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 Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 682.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense356.4M398.7M435.4M226.3M
Depreciation And Amortization424.3M476.3M429.2M450.7M

Constellation Brands fundamental ratios Correlations

0.970.310.750.960.890.960.970.211.00.490.210.890.630.990.50.73-0.670.970.710.570.770.670.820.760.73
0.970.240.860.860.91.00.90.020.960.440.020.940.590.990.60.68-0.711.00.730.710.840.70.840.760.67
0.310.240.10.320.270.230.310.270.310.180.270.270.410.320.180.46-0.230.280.33-0.20.190.280.3-0.130.34
0.750.860.10.560.760.870.65-0.290.730.21-0.290.880.390.790.630.35-0.660.870.620.930.870.620.750.680.5
0.960.860.320.560.80.850.970.380.970.490.380.760.60.90.350.73-0.550.860.630.380.620.580.710.720.73
0.890.90.270.760.80.90.90.110.890.480.110.910.40.910.340.56-0.90.910.510.550.940.410.980.580.85
0.961.00.230.870.850.90.89-0.010.950.43-0.010.930.570.980.610.67-0.711.00.720.730.850.70.840.750.66
0.970.90.310.650.970.90.890.290.980.520.290.820.50.930.320.72-0.730.910.590.450.760.510.850.720.84
0.210.020.27-0.290.380.11-0.010.290.220.41.00.10.50.14-0.080.180.040.050.18-0.44-0.1-0.090.050.110.19
1.00.960.310.730.970.890.950.980.220.480.220.870.590.980.460.73-0.670.960.680.550.760.650.810.760.75
0.490.440.180.210.490.480.430.520.40.480.40.460.50.510.310.55-0.390.460.50.030.420.330.460.530.27
0.210.020.27-0.290.380.11-0.010.291.00.220.40.10.50.14-0.080.180.040.050.18-0.44-0.1-0.090.050.110.19
0.890.940.270.880.760.910.930.820.10.870.460.10.650.920.630.48-0.710.950.730.70.90.630.860.660.61
0.630.590.410.390.60.40.570.50.50.590.50.50.650.650.730.5-0.060.610.820.220.30.70.280.470.08
0.990.990.320.790.90.910.980.930.140.980.510.140.920.650.580.74-0.70.990.740.610.810.690.840.740.69
0.50.60.180.630.350.340.610.32-0.080.460.31-0.080.630.730.580.46-0.140.610.920.580.410.790.260.54-0.06
0.730.680.460.350.730.560.670.720.180.730.550.180.480.50.740.46-0.480.680.670.170.40.530.50.530.54
-0.67-0.71-0.23-0.66-0.55-0.9-0.71-0.730.04-0.67-0.390.04-0.71-0.06-0.7-0.14-0.48-0.71-0.29-0.48-0.91-0.1-0.95-0.41-0.88
0.971.00.280.870.860.911.00.910.050.960.460.050.950.610.990.610.68-0.710.740.70.860.70.850.750.67
0.710.730.330.620.630.510.720.590.180.680.50.180.730.820.740.920.67-0.290.740.510.50.820.430.70.2
0.570.71-0.20.930.380.550.730.45-0.440.550.03-0.440.70.220.610.580.17-0.480.70.510.70.550.530.70.29
0.770.840.190.870.620.940.850.76-0.10.760.42-0.10.90.30.810.410.4-0.910.860.50.70.380.960.560.75
0.670.70.280.620.580.410.70.51-0.090.650.33-0.090.630.70.690.790.53-0.10.70.820.550.380.310.650.06
0.820.840.30.750.710.980.840.850.050.810.460.050.860.280.840.260.5-0.950.850.430.530.960.310.510.88
0.760.76-0.130.680.720.580.750.720.110.760.530.110.660.470.740.540.53-0.410.750.70.70.560.650.510.39
0.730.670.340.50.730.850.660.840.190.750.270.190.610.080.69-0.060.54-0.880.670.20.290.750.060.880.39
Click cells to compare fundamentals

Constellation Brands Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Constellation Stock Analysis

When running Constellation Brands' price analysis, check to measure Constellation Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Constellation Brands is operating at the current time. Most of Constellation Brands' value examination focuses on studying past and present price action to predict the probability of Constellation Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Brands' price. Additionally, you may evaluate how the addition of Constellation Brands to your portfolios can decrease your overall portfolio volatility.