Molson Free Cash Flow vs Capital Expenditures Analysis

TAP Stock  USD 60.94  0.45  0.73%   
Molson Coors financial indicator trend analysis is infinitely more than just investigating Molson Coors Brewing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Molson Coors Brewing is a good investment. Please check the relationship between Molson Coors Free Cash Flow and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Brewing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Molson Coors Brewing Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Molson Coors' Free Cash Flow and Capital Expenditures is 0.82. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Molson Coors Brewing, assuming nothing else is changed. The correlation between historical values of Molson Coors' Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Molson Coors Brewing are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Molson Coors' Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by Molson Coors Brewing to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Molson Coors operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Molson Coors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Molson Coors Brewing 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 Molson Coors Brewing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Molson Coors' Selling General Administrative is relatively stable compared to the past year. As of 12/12/2024, Discontinued Operations is likely to grow to about 1.4 M, while Enterprise Value Over EBITDA is likely to drop 6.62.
 2021 2022 2023 2024 (projected)
Total Revenue10.3B10.7B11.7B12.3B
Depreciation And Amortization786.1M684.8M682.8M716.9M

Molson Coors fundamental ratios Correlations

0.940.970.970.910.960.391.00.790.390.770.760.960.860.790.960.990.861.00.860.260.620.92-0.340.90.04
0.940.950.930.760.940.50.930.850.50.690.660.840.870.780.910.90.90.940.70.40.780.84-0.360.76-0.01
0.970.950.930.790.990.490.960.850.490.80.780.870.870.820.980.920.930.960.730.350.60.88-0.380.8-0.04
0.970.930.930.880.940.330.970.840.330.650.630.940.930.820.930.970.840.980.810.360.580.92-0.440.88-0.1
0.910.760.790.880.780.130.920.510.130.660.660.980.660.580.780.960.60.90.98-0.020.560.88-0.20.960.28
0.960.940.990.940.780.450.950.870.450.730.730.860.890.820.970.90.90.950.720.340.570.92-0.470.8-0.07
0.390.50.490.330.130.450.360.41.00.430.390.250.360.290.520.310.720.360.130.140.460.190.230.18-0.25
1.00.930.960.970.920.950.360.770.360.770.760.970.850.780.950.990.841.00.880.250.620.93-0.330.920.07
0.790.850.850.840.510.870.40.770.40.50.490.640.950.920.840.710.860.810.430.720.420.7-0.580.56-0.43
0.390.50.490.330.130.451.00.360.40.430.390.250.360.290.520.310.720.360.130.140.460.190.230.18-0.25
0.770.690.80.650.660.730.430.770.50.430.940.710.530.590.780.730.730.750.720.030.470.63-0.120.730.18
0.760.660.780.630.660.730.390.760.490.390.940.710.50.540.790.720.660.730.740.040.420.65-0.070.740.27
0.960.840.870.940.980.860.250.970.640.250.710.710.780.710.880.990.730.960.950.130.550.9-0.260.960.13
0.860.870.870.930.660.890.360.850.950.360.530.50.780.930.890.820.870.890.580.620.420.79-0.570.69-0.41
0.790.780.820.820.580.820.290.780.920.290.590.540.710.930.820.750.830.820.540.640.330.66-0.520.63-0.41
0.960.910.980.930.780.970.520.950.840.520.780.790.880.890.820.920.930.960.740.370.510.86-0.320.8-0.1
0.990.90.920.970.960.90.310.990.710.310.730.720.990.820.750.920.790.980.920.190.620.91-0.290.940.1
0.860.90.930.840.60.90.720.840.860.720.730.660.730.870.830.930.790.860.540.450.550.7-0.290.63-0.3
1.00.940.960.980.90.950.361.00.810.360.750.730.960.890.820.960.980.860.850.320.610.91-0.360.90.01
0.860.70.730.810.980.720.130.880.430.130.720.740.950.580.540.740.920.540.85-0.10.530.82-0.120.980.33
0.260.40.350.36-0.020.340.140.250.720.140.030.040.130.620.640.370.190.450.32-0.10.080.1-0.390.0-0.61
0.620.780.60.580.560.570.460.620.420.460.470.420.550.420.330.510.620.550.610.530.080.51-0.010.530.36
0.920.840.880.920.880.920.190.930.70.190.630.650.90.790.660.860.910.70.910.820.10.51-0.530.890.1
-0.34-0.36-0.38-0.44-0.2-0.470.23-0.33-0.580.23-0.12-0.07-0.26-0.57-0.52-0.32-0.29-0.29-0.36-0.12-0.39-0.01-0.53-0.260.34
0.90.760.80.880.960.80.180.920.560.180.730.740.960.690.630.80.940.630.90.980.00.530.89-0.260.2
0.04-0.01-0.04-0.10.28-0.07-0.250.07-0.43-0.250.180.270.13-0.41-0.41-0.10.1-0.30.010.33-0.610.360.10.340.2
Click cells to compare fundamentals

Molson Coors Account Relationship Matchups

Molson Coors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.9B27.3B27.6B25.9B26.4B27.7B
Total Current Liabilities3.7B3.9B3.6B3.4B4.1B4.3B
Total Stockholder Equity13.4B12.4B13.4B12.7B13.2B13.9B
Property Plant And Equipment Net4.5B4.3B4.2B4.2B4.4B4.7B
Net Debt8.5B7.5B6.5B6.0B5.4B5.7B
Retained Earnings7.6B6.5B7.4B6.9B7.5B7.9B
Cash523.4M770.1M637.4M600M868.9M912.3M
Non Current Assets Total26.7B24.9B24.8B23.2B23.5B24.7B
Non Currrent Assets Other841.5M954.9M1.2B915.5M1.1B1.1B
Cash And Short Term Investments523.4M770.1M637.4M600M868.9M912.3M
Net Receivables871M820.3M687.1M879.4M866.2M537.3M
Common Stock Shares Outstanding216.6M216.9M216.8M217.6M217.3M147.1M
Liabilities And Stockholders Equity28.9B27.3B27.6B25.9B26.4B27.7B
Non Current Liabilities Total11.5B10.8B10.3B9.6B8.8B9.3B
Inventory615.9M664.3M804.7M792.9M802.3M842.4M
Other Current Assets224.8M297.3M457.2M378.9M297.9M312.8M
Other Stockholder Equity6.3B6.5B6.5B6.5B6.4B6.7B
Total Liab15.2B14.7B14.0B13.0B12.9B13.6B
Total Current Assets2.2B2.4B2.8B2.6B2.8B3.0B
Intangible Assets13.7B13.6B13.3B12.8B12.6B13.2B
Short Long Term Debt Total9.0B8.3B7.2B6.6B6.3B3.3B
Other Current Liab387.7M804.4M721.2M625.5M729M765.5M
Short Term Debt928.2M1.1B560.3M441.8M958.7M1.0B
Accounts Payable2.8B1.7B2.1B2.1B2.1B2.3B
Current Deferred Revenue(387.7M)637.5M(386.1M)(288.7M)(172.8M)(164.2M)
Good Will7.6B6.2B6.2B5.3B5.3B3.0B
Common Stock Total Equity662.8M662.4M522.2M2.1M2.4M2.3M
Property Plant And Equipment Gross4.5B4.3B7.7B7.9B8.5B9.0B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.0B)(1.2B)(1.1B)(1.1B)
Common Stock662.4M522.2M522.1M517.6M455.2M290.8M
Other Liab3.2B3.6B3.7B3.3B3.8B4.0B
Other Assets687M954.9M1.2B782.8M900.2M489.2M
Long Term Debt8.1B7.2B6.6B6.2B5.3B4.3B
Property Plant Equipment4.5B4.3B4.2B4.4B5.0B2.7B
Noncontrolling Interest In Consolidated Entity253.7M256.3M247M225.5M259.3M138.2M
Retained Earnings Total Equity7.6B6.5B7.4B6.9B7.9B5.5B
Deferred Long Term Liab2.3B2.4B2.7B2.6B3.0B3.2B

Pair Trading with Molson Coors

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Molson Coors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Molson Coors will appreciate offsetting losses from the drop in the long position's value.

Moving together with Molson Stock

  0.66K KellanovaPairCorr
  0.81MO Altria GroupPairCorr

Moving against Molson Stock

  0.81BGS BG FoodsPairCorr
  0.78CPB Campbell Soup Sell-off TrendPairCorr
  0.77BUD Anheuser Busch InbevPairCorr
  0.71CAG ConAgra FoodsPairCorr
  0.69ADM Archer Daniels MidlandPairCorr
The ability to find closely correlated positions to Molson Coors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Molson Coors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Molson Coors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Molson Coors Brewing to buy it.
The correlation of Molson Coors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Molson Coors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Molson Coors Brewing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Molson Coors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Molson Stock Analysis

When running Molson Coors' price analysis, check to measure Molson Coors' 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 Molson Coors is operating at the current time. Most of Molson Coors' value examination focuses on studying past and present price action to predict the probability of Molson Coors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Molson Coors' price. Additionally, you may evaluate how the addition of Molson Coors to your portfolios can decrease your overall portfolio volatility.