Molson Total Current Assets vs Cash And Short Term Investments Analysis

TPX-B Stock

CAD 87.00 2.18 2.57%

Molson Coors financial indicator trend analysis is infinitely more than just investigating Molson Coors Canada recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Molson Coors Canada is a good investment. Please check the relationship between Molson Coors Total Current Assets and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Molson Coors Canada Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Molson Coors' Total Current Assets and Cash And Short Term Investments is 0.46. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Molson Coors Canada, assuming nothing else is changed. The correlation between historical values of Molson Coors' Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Molson Coors Canada are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Molson Coors' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Molson Coors Canada balance sheet. This account contains Molson Coors investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Molson Coors Canada fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Canada 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 Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Molson Coors' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Tax Provision is likely to drop slightly above 190.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	260.3M	250.6M	234M	228.1M
Depreciation And Amortization	786.1M	684.8M	682.8M	559.3M

Interest Expense Depreciation And Amortization

Molson Coors fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.93	0.8	-0.12	0.86	0.95	0.95	-0.51	0.79	0.93	0.91	0.04	0.92	0.84	0.04	0.73	0.88	0.87	0.93	0.79	0.72	0.89	0.84	0.38	0.93	0.09
Total Assets	0.93		0.94	-0.01	0.92	0.97	0.99	-0.29	0.93	0.94	0.89	0.0	1.0	0.78	0.0	0.76	0.97	0.97	0.9	0.76	0.8	0.99	0.78	0.54	1.0	0.1
Short Long Term Debt Total	0.8	0.94		0.03	0.79	0.83	0.91	-0.09	1.0	0.81	0.7	-0.11	0.95	0.53	-0.11	0.64	0.98	0.99	0.71	0.56	0.72	0.97	0.57	0.54	0.92	0.15
Other Current Liab	-0.12	-0.01	0.03		-0.02	-0.07	-0.06	0.54	0.01	-0.26	-0.24	0.49	-0.02	-0.18	0.49	0.23	0.02	0.04	-0.12	-0.24	0.06	0.03	0.12	0.14	-0.03	-0.18
Total Current Liabilities	0.86	0.92	0.79	-0.02		0.93	0.93	-0.39	0.78	0.91	0.9	0.14	0.91	0.83	0.14	0.72	0.85	0.82	0.88	0.76	0.82	0.89	0.82	0.74	0.93	0.04
Total Stockholder Equity	0.95	0.97	0.83	-0.07	0.93		0.98	-0.42	0.81	0.97	0.95	0.06	0.96	0.89	0.06	0.8	0.9	0.88	0.94	0.84	0.77	0.92	0.86	0.5	0.97	0.07
Property Plant And Equipment Net	0.95	0.99	0.91	-0.06	0.93	0.98		-0.36	0.9	0.96	0.92	0.0	0.99	0.82	0.0	0.75	0.96	0.95	0.93	0.78	0.79	0.97	0.8	0.51	0.99	0.1
Current Deferred Revenue	-0.51	-0.29	-0.09	0.54	-0.39	-0.42	-0.36		-0.08	-0.47	-0.55	-0.09	-0.27	-0.51	-0.09	-0.35	-0.17	-0.15	-0.51	-0.47	-0.25	-0.21	-0.52	-0.08	-0.3	0.0
Net Debt	0.79	0.93	1.0	0.01	0.78	0.81	0.9	-0.08		0.8	0.69	-0.17	0.94	0.52	-0.17	0.62	0.97	0.98	0.7	0.56	0.71	0.97	0.54	0.52	0.92	0.17
Retained Earnings	0.93	0.94	0.81	-0.26	0.91	0.97	0.96	-0.47	0.8		0.95	0.02	0.93	0.87	0.02	0.7	0.89	0.85	0.92	0.81	0.72	0.89	0.8	0.48	0.93	0.09
Accounts Payable	0.91	0.89	0.7	-0.24	0.9	0.95	0.92	-0.55	0.69	0.95		0.02	0.88	0.96	0.02	0.7	0.79	0.78	0.98	0.92	0.74	0.83	0.85	0.39	0.91	0.06
Cash	0.04	0.0	-0.11	0.49	0.14	0.06	0.0	-0.09	-0.17	0.02	0.02		-0.04	0.1	1.0	0.14	-0.05	-0.09	0.08	-0.04	0.08	-0.04	0.46	0.22	-0.03	-0.42
Non Current Assets Total	0.92	1.0	0.95	-0.02	0.91	0.96	0.99	-0.27	0.94	0.93	0.88	-0.04		0.76	-0.04	0.75	0.98	0.98	0.88	0.75	0.79	0.99	0.76	0.54	1.0	0.12
Non Currrent Assets Other	0.84	0.78	0.53	-0.18	0.83	0.89	0.82	-0.51	0.52	0.87	0.96	0.1	0.76		0.1	0.64	0.65	0.63	0.94	0.92	0.68	0.69	0.85	0.33	0.8	-0.01
Cash And Short Term Investments	0.04	0.0	-0.11	0.49	0.14	0.06	0.0	-0.09	-0.17	0.02	0.02	1.0	-0.04	0.1		0.14	-0.05	-0.09	0.08	-0.04	0.08	-0.04	0.46	0.22	-0.03	-0.42
Net Receivables	0.73	0.76	0.64	0.23	0.72	0.8	0.75	-0.35	0.62	0.7	0.7	0.14	0.75	0.64	0.14		0.69	0.69	0.74	0.67	0.7	0.72	0.81	0.39	0.75	-0.13
Good Will	0.88	0.97	0.98	0.02	0.85	0.9	0.96	-0.17	0.97	0.89	0.79	-0.05	0.98	0.65	-0.05	0.69		0.99	0.8	0.64	0.72	0.99	0.67	0.52	0.96	0.18
Non Current Liabilities Total	0.87	0.97	0.99	0.04	0.82	0.88	0.95	-0.15	0.98	0.85	0.78	-0.09	0.98	0.63	-0.09	0.69	0.99		0.8	0.65	0.76	0.99	0.66	0.48	0.96	0.12
Inventory	0.93	0.9	0.71	-0.12	0.88	0.94	0.93	-0.51	0.7	0.92	0.98	0.08	0.88	0.94	0.08	0.74	0.8	0.8		0.91	0.76	0.84	0.89	0.34	0.92	0.01
Other Current Assets	0.79	0.76	0.56	-0.24	0.76	0.84	0.78	-0.47	0.56	0.81	0.92	-0.04	0.75	0.92	-0.04	0.67	0.64	0.65	0.91		0.7	0.7	0.8	0.25	0.79	-0.04
Other Stockholder Equity	0.72	0.8	0.72	0.06	0.82	0.77	0.79	-0.25	0.71	0.72	0.74	0.08	0.79	0.68	0.08	0.7	0.72	0.76	0.76	0.7		0.79	0.72	0.61	0.81	-0.4
Total Liab	0.89	0.99	0.97	0.03	0.89	0.92	0.97	-0.21	0.97	0.89	0.83	-0.04	0.99	0.69	-0.04	0.72	0.99	0.99	0.84	0.7	0.79		0.72	0.55	0.98	0.11
Total Current Assets	0.84	0.78	0.57	0.12	0.82	0.86	0.8	-0.52	0.54	0.8	0.85	0.46	0.76	0.85	0.46	0.81	0.67	0.66	0.89	0.8	0.72	0.72		0.4	0.78	-0.22
Short Term Debt	0.38	0.54	0.54	0.14	0.74	0.5	0.51	-0.08	0.52	0.48	0.39	0.22	0.54	0.33	0.22	0.39	0.52	0.48	0.34	0.25	0.61	0.55	0.4		0.53	-0.05
Intangible Assets	0.93	1.0	0.92	-0.03	0.93	0.97	0.99	-0.3	0.92	0.93	0.91	-0.03	1.0	0.8	-0.03	0.75	0.96	0.96	0.92	0.79	0.81	0.98	0.78	0.53		0.09
Common Stock	0.09	0.1	0.15	-0.18	0.04	0.07	0.1	0.0	0.17	0.09	0.06	-0.42	0.12	-0.01	-0.42	-0.13	0.18	0.12	0.01	-0.04	-0.4	0.11	-0.22	-0.05	0.09

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Molson Coors Account Relationship Matchups

Molson Coors fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	216.6M	216.9M	216.8M	217.6M	217.3M	221.1M
Total Assets	28.9B	27.3B	27.6B	25.9B	26.4B	23.5B
Short Long Term Debt Total	9.1B	8.3B	7.2B	6.6B	6.3B	6.7B
Other Current Liab	755.6M	852.1M	721.2M	626.5M	729M	642.0M
Total Current Liabilities	3.7B	3.9B	3.6B	3.4B	4.1B	3.1B
Total Stockholder Equity	13.4B	12.4B	13.4B	12.7B	13.2B	11.5B
Property Plant And Equipment Net	4.5B	4.3B	4.2B	4.2B	4.4B	3.4B
Current Deferred Revenue	764.9M	637.5M	577.7M	(329.4M)	(296.5M)	(281.6M)
Net Debt	8.6B	7.5B	6.6B	6.0B	5.4B	5.9B
Retained Earnings	7.6B	6.5B	7.4B	6.9B	7.5B	6.1B
Accounts Payable	1.7B	1.7B	2.1B	2.1B	2.1B	1.3B
Cash	523.4M	770.1M	637.4M	600M	868.9M	564.8M
Non Current Assets Total	26.7B	24.9B	24.8B	23.2B	23.5B	21.2B
Non Currrent Assets Other	841.5M	954.9M	1.2B	915.5M	1.1B	611.4M
Cash And Short Term Investments	523.4M	770.1M	637.4M	600M	868.9M	564.8M
Net Receivables	871M	820.3M	687.1M	879.4M	866.2M	844.2M
Good Will	7.6B	6.2B	6.2B	5.3B	5.3B	5.1B
Liabilities And Stockholders Equity	28.9B	27.3B	27.6B	25.9B	26.4B	23.5B
Non Current Liabilities Total	11.5B	10.8B	10.3B	9.6B	8.8B	8.8B
Inventory	615.9M	664.3M	804.7M	792.9M	802.3M	501.6M
Other Current Assets	224.8M	297.3M	457.2M	378.9M	297.9M	236.3M
Other Stockholder Equity	6.3B	6.5B	6.5B	6.5B	6.4B	5.9B
Total Liab	15.2B	14.7B	14.0B	13.0B	12.9B	11.9B
Total Current Assets	2.2B	2.4B	2.8B	2.6B	2.8B	2.4B
Accumulated Other Comprehensive Income	(1.2B)	(1.2B)	(1.0B)	(1.2B)	(1.1B)	(1.2B)
Short Term Debt	974.8M	1.1B	560.3M	440.8M	958.7M	737.4M
Intangible Assets	13.7B	13.6B	13.3B	12.8B	12.6B	10.7B
Common Stock	662.4M	522.2M	522.1M	517.6M	455.2M	465.0M

Additional Tools for Molson Stock Analysis

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Molson Total Current Assets vs Cash And Short Term Investments Analysis

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Assets

Cash And Short Term Investments

Molson Coors fundamental ratios Correlations

Molson Coors Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Molson Coors fundamental ratios Accounts

Additional Tools for Molson Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 0.99	Total Assets

Accounts Payable	- 0.55	Current Deferred Revenue
Total Current Assets	- 0.52	Current Deferred Revenue
Inventory	- 0.51	Current Deferred Revenue
Non Currrent Assets Other	- 0.51	Current Deferred Revenue
Current Deferred Revenue	- 0.51	Common Stock Shares Outstanding
Other Current Assets	- 0.47	Current Deferred Revenue