Molson Coors Financials

TAP-A Stock  USD 67.70  0.30  0.44%   
Based on the key indicators related to Molson Coors' liquidity, profitability, solvency, and operating efficiency, Molson Coors Beverage is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At present, Molson Coors' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 4.3 B, whereas Net Receivables is forecasted to decline to about 537.3 M. Key indicators impacting Molson Coors' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.350.4752
Way Down
Pretty Stable
Operating Income1.5 B1.4 B
Sufficiently Up
Slightly volatile
Current Ratio1.290.696
Way Up
Pretty Stable
The financial analysis of Molson Coors is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Molson Coors includes many different criteria found on its balance sheet. For example, investors should never minimize Molson Coors' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Molson Coors' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Molson Coors.

Net Income

996.35 Million

With this module, you can analyze Molson financials for your investing period. You should be able to track the changes in Molson Coors individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Molson Coors Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Molson Coors' financial statements are interrelated, with each one affecting the others. For example, an increase in Molson Coors' assets may result in an increase in income on the income statement.
Evaluating Molson Coors' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Molson Coors' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Molson Coors' relative financial performance

Chance Of Distress

Less than 40

 
100  
 
Zero
Below Average
Molson Coors Beverage has less than 40 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Molson Coors stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Molson Coors' odds of distress score SHOULD NOT be confused with the real chance of Molson Coors Beverage filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Molson is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Molson Coors' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Molson Coors' official financial statements usually reflect Molson Coors' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Molson Coors Beverage. For example, before you start analyzing numbers published by Molson accountants, it's critical to develop an understanding of what Molson Coors' liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Molson Coors' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Molson Coors' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Molson Coors' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Molson Coors Beverage. Please utilize our Beneish M Score to check the likelihood of Molson Coors' management manipulating its earnings.

Molson Coors Company Summary

Molson Coors competes with Bunge, Altria, Philip Morris, and Everest Consolidator. Molson Coors Brewing Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. Molson Coors Brewing Company was founded in 1786 and is headquartered in Denver, Colorado. Molson Coors operates under Beverages - Brewers classification in USA and is traded on New York Stock Exchange. It employs 17750 people.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS60871R1005
Business AddressPO Box 4030,
SectorFood Products
IndustryConsumer Staples
BenchmarkNYSE Composite
Websitewww.molsoncoors.com
Phone303 279 6565
CurrencyUSD - US Dollar
You should never invest in Molson Coors without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Molson Stock, because this is throwing your money away. Analyzing the key information contained in Molson Coors' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Molson Coors Key Financial Ratios

Generally speaking, Molson Coors' financial ratios allow both analysts and investors to convert raw data from Molson Coors' financial statements into concise, actionable information that can be used to evaluate the performance of Molson Coors over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Molson Coors Beverage reports annually and quarterly.

Molson Coors Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets28.9B27.3B27.6B25.9B26.4B27.7B
Net Debt8.5B7.5B6.5B6.0B5.4B5.7B
Retained Earnings7.6B6.5B7.4B6.9B7.5B7.9B
Cash523.4M770.1M637.4M600M868.9M912.3M
Net Receivables871M820.3M687.1M879.4M866.2M537.3M
Inventory615.9M664.3M804.7M792.9M802.3M842.4M
Other Current Assets224.8M297.3M457.2M378.9M297.9M312.8M
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
Other Current Liab387.7M472.2M386.1M288.7M329.4M178.0M
Short Term Debt928.2M1.1B514.9M397.1M958.7M1.0B
Accounts Payable2.8B1.7B3.1B3.0B2.1B2.3B
Good Will7.6B6.2B6.2B5.3B5.3B3.2B
Common Stock662.4M522.2M522.1M517.6M455.2M290.8M
Net Tangible Assets(7.9B)(7.3B)(6.0B)(5.4B)(4.9B)(5.1B)
Long Term Debt8.1B7.2B6.6B6.2B5.3B7.0B
Long Term Debt Total8.1B7.2B6.6B6.2B7.1B7.1B
Capital Surpluse6.8B6.9B7.0B7.0B8.1B6.3B

Molson Coors Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Molson Coors' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue10.6B9.7B10.3B10.7B11.7B12.3B
Gross Profit4.2B3.8B4.1B3.7B4.4B4.6B
Operating Income2.2B1.4B1.5B1.8B1.4B1.5B
Ebit2.2B1.4B1.5B1.8B1.6B1.7B
Ebitda3.0B2.3B2.3B2.5B2.3B2.4B
Cost Of Revenue6.4B5.9B6.2B7.0B7.3B7.7B
Income Before Tax479.9M(643.9M)1.2B(62.5M)1.3B1.3B
Net Income241.7M(945.7M)1.0B(186.5M)948.9M996.3M
Income Tax Expense233.7M301.8M230.5M124M296.1M310.9M
Interest Expense280.9M274.6M260.3M250.6M234M195.3M
Non Recurring708.8M1.7B44.5M845M971.8M531.5M
Tax Provision233.7M301.8M230.5M124M296.1M240.9M
Net Interest Income(272.7M)(271.3M)(258.3M)(246.3M)(208.6M)(219.0M)
Interest Income8.2M3.3M2M4.3M25.4M26.7M

Molson Coors Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Molson Coors Beverage. It measures of how well Molson is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Molson Coors brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Molson had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Molson Coors has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(17.7M)(46.2M)(143.9M)(64.6M)21.7M22.8M
Change In Cash(534.5M)246.7M(132.7M)(37.4M)268.9M282.3M
Free Cash Flow1.3B1.1B1.1B840.6M1.4B1.5B
Depreciation859M922M786.1M684.8M682.8M365.1M
Other Non Cash Items562.4M1.3B(447.6M)1.0B18.4M19.3M
Dividends Paid424.4M125.3M147.8M329.3M(354.7M)(337.0M)
Capital Expenditures593.8M574.8M522.6M661.4M671.5M705.1M
Net Income246.2M(945.7M)1.0B(186.5M)956.4M1.0B
End Period Cash Flow523.4M770.1M637.4M600M868.9M912.3M
Investments(433.3M)(413.6M)(509.9M)(625.1M)(841.7M)(883.8M)
Change Receivables38.5M160.8M(137.6M)(108.5M)(97.7M)(92.8M)
Net Borrowings(1.6B)(917.4M)(1.0B)(505.8M)(455.2M)(432.5M)
Change To Netincome275.8M290.2M285.7M1.1B1.3B1.3B

Molson Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Molson Coors's current stock value. Our valuation model uses many indicators to compare Molson Coors value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Molson Coors competition to find correlations between indicators driving Molson Coors's intrinsic value. More Info.
Molson Coors Beverage is rated fourth in cash flow from operations category among related companies. It is rated fourth in current ratio category among related companies . The ratio of Cash Flow From Operations to Current Ratio for Molson Coors Beverage is about  3,248,437,500 . At present, Molson Coors' Current Ratio is projected to slightly decrease based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Molson Coors by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Molson Coors' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Molson Coors' earnings, one of the primary drivers of an investment's value.

Molson Coors Beverage Systematic Risk

Molson Coors' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Molson Coors volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Molson Coors Beverage correlated with the market. If Beta is less than 0 Molson Coors generally moves in the opposite direction as compared to the market. If Molson Coors Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Molson Coors Beverage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Molson Coors is generally in the same direction as the market. If Beta > 1 Molson Coors moves generally in the same direction as, but more than the movement of the benchmark.

About Molson Coors Financials

What exactly are Molson Coors Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Molson Coors' income statement, its balance sheet, and the statement of cash flows. Potential Molson Coors investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Molson Coors investors may use each financial statement separately, they are all related. The changes in Molson Coors's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Molson Coors's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Molson Coors Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Molson Coors is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Molson has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Molson Coors' financials are consistent with your investment objective using the following steps:
  • Review Molson Coors' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Molson Coors' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Molson Coors' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Molson Coors' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Molson Coors Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Molson Coors' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Molson Coors growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.024)

At present, Molson Coors' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Molson Coors March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Molson Coors help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Molson Coors Beverage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Molson Coors Beverage based on widely used predictive technical indicators. In general, we focus on analyzing Molson Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Molson Coors's daily price indicators and compare them against related drivers.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Beverage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Please note, there is a significant difference between Molson Coors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Molson Coors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molson Coors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.