Compania Net Debt vs Non Current Liabilities Total Analysis

CCU Stock

USD 11.93 0.10 0.83%

Compania Cervecerias financial indicator trend analysis is way more than just evaluating Compania Cervecerias prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compania Cervecerias is a good investment. Please check the relationship between Compania Cervecerias Net Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania Cervecerias Unidas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compania Cervecerias Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Compania Cervecerias' Net Debt and Non Current Liabilities Total is 0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Compania Cervecerias Unidas, assuming nothing else is changed. The correlation between historical values of Compania Cervecerias' Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Compania Cervecerias Unidas are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Compania Cervecerias' Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Compania Cervecerias' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compania Cervecerias 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania Cervecerias Unidas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Compania Cervecerias' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 10.02 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2T	1.2T	1.2T	624.7B
Total Revenue	2.5T	2.7T	2.6T	2.7T

Gross Profit Total Revenue

Compania Cervecerias fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.88	0.45	0.76	0.66	0.79	0.79	0.69	0.93	0.89	0.79	-0.1	0.88	0.78	0.59	0.73	-0.41	0.9	0.98	-0.26	-0.07	0.96	0.95	0.98	0.72	0.96
Short Long Term Debt Total	0.88		0.31	0.51	0.27	0.52	0.96	0.34	0.76	0.9	0.54	-0.02	0.92	0.57	0.24	0.62	-0.18	1.0	0.92	-0.11	-0.28	0.97	0.93	0.94	0.84	0.81
Other Current Liab	0.45	0.31		0.55	0.39	0.35	0.14	0.41	0.44	0.54	0.39	-0.03	0.51	0.36	0.28	0.28	-0.38	0.31	0.37	0.45	0.29	0.41	0.34	0.46	0.49	0.47
Total Current Liabilities	0.76	0.51	0.55		0.84	0.94	0.42	0.85	0.85	0.57	0.94	0.19	0.54	0.95	0.71	0.73	-0.45	0.52	0.74	-0.21	0.07	0.66	0.7	0.69	0.53	0.8
Total Stockholder Equity	0.66	0.27	0.39	0.84		0.92	0.14	0.95	0.69	0.44	0.91	-0.03	0.41	0.82	0.92	0.68	-0.5	0.31	0.56	-0.34	0.23	0.45	0.49	0.53	0.25	0.71
Property Plant And Equipment Net	0.79	0.52	0.35	0.94	0.92		0.45	0.94	0.83	0.56	1.0	0.08	0.53	0.95	0.81	0.84	-0.44	0.55	0.75	-0.39	0.07	0.66	0.7	0.69	0.44	0.83
Net Debt	0.79	0.96	0.14	0.42	0.14	0.45		0.24	0.7	0.76	0.46	0.02	0.78	0.51	0.08	0.59	-0.05	0.96	0.88	-0.22	-0.31	0.92	0.9	0.85	0.75	0.74
Retained Earnings	0.69	0.34	0.41	0.85	0.95	0.94	0.24		0.68	0.45	0.95	-0.09	0.42	0.84	0.82	0.78	-0.46	0.39	0.59	-0.41	0.32	0.51	0.52	0.55	0.22	0.76
Accounts Payable	0.93	0.76	0.44	0.85	0.69	0.83	0.7	0.68		0.74	0.83	0.12	0.72	0.83	0.59	0.72	-0.45	0.78	0.94	-0.25	-0.15	0.87	0.93	0.88	0.69	0.92
Cash	0.89	0.9	0.54	0.57	0.44	0.56	0.76	0.45	0.74		0.57	-0.08	1.0	0.58	0.46	0.56	-0.37	0.9	0.86	0.08	-0.19	0.91	0.83	0.95	0.85	0.8
Non Current Assets Total	0.79	0.54	0.39	0.94	0.91	1.0	0.46	0.95	0.83	0.57		0.06	0.55	0.95	0.78	0.86	-0.43	0.56	0.75	-0.38	0.11	0.67	0.7	0.7	0.44	0.84
Non Currrent Assets Other	-0.1	-0.02	-0.03	0.19	-0.03	0.08	0.02	-0.09	0.12	-0.08	0.06		-0.07	0.1	-0.19	0.11	0.14	-0.08	-0.01	0.05	-0.32	-0.05	0.02	-0.06	0.27	0.01
Cash And Short Term Investments	0.88	0.92	0.51	0.54	0.41	0.53	0.78	0.42	0.72	1.0	0.55	-0.07		0.55	0.42	0.56	-0.27	0.91	0.86	0.06	-0.21	0.91	0.84	0.95	0.85	0.79
Net Receivables	0.78	0.57	0.36	0.95	0.82	0.95	0.51	0.84	0.83	0.58	0.95	0.1	0.55		0.74	0.72	-0.51	0.58	0.77	-0.28	0.03	0.69	0.72	0.72	0.53	0.77
Common Stock Total Equity	0.59	0.24	0.28	0.71	0.92	0.81	0.08	0.82	0.59	0.46	0.78	-0.19	0.42	0.74		0.52	-0.51	0.27	0.49	-0.22	0.08	0.39	0.43	0.5	0.25	0.56
Common Stock Shares Outstanding	0.73	0.62	0.28	0.73	0.68	0.84	0.59	0.78	0.72	0.56	0.86	0.11	0.56	0.72	0.52		-0.18	0.64	0.71	-0.31	-0.01	0.68	0.71	0.66	0.48	0.81
Short Term Investments	-0.41	-0.18	-0.38	-0.45	-0.5	-0.44	-0.05	-0.46	-0.45	-0.37	-0.43	0.14	-0.27	-0.51	-0.51	-0.18		-0.21	-0.34	-0.15	-0.09	-0.29	-0.25	-0.36	-0.28	-0.33
Non Current Liabilities Total	0.9	1.0	0.31	0.52	0.31	0.55	0.96	0.39	0.78	0.9	0.56	-0.08	0.91	0.58	0.27	0.64	-0.21		0.94	-0.16	-0.24	0.98	0.94	0.95	0.8	0.84
Inventory	0.98	0.92	0.37	0.74	0.56	0.75	0.88	0.59	0.94	0.86	0.75	-0.01	0.86	0.77	0.49	0.71	-0.34	0.94		-0.26	-0.17	0.98	0.99	0.98	0.77	0.94
Other Current Assets	-0.26	-0.11	0.45	-0.21	-0.34	-0.39	-0.22	-0.41	-0.25	0.08	-0.38	0.05	0.06	-0.28	-0.22	-0.31	-0.15	-0.16	-0.26		-0.05	-0.19	-0.25	-0.14	0.3	-0.36
Other Stockholder Equity	-0.07	-0.28	0.29	0.07	0.23	0.07	-0.31	0.32	-0.15	-0.19	0.11	-0.32	-0.21	0.03	0.08	-0.01	-0.09	-0.24	-0.17	-0.05		-0.18	-0.25	-0.17	-0.33	0.01
Total Liab	0.96	0.97	0.41	0.66	0.45	0.66	0.92	0.51	0.87	0.91	0.67	-0.05	0.91	0.69	0.39	0.68	-0.29	0.98	0.98	-0.19	-0.18		0.97	0.98	0.8	0.91
Property Plant And Equipment Gross	0.95	0.93	0.34	0.7	0.49	0.7	0.9	0.52	0.93	0.83	0.7	0.02	0.84	0.72	0.43	0.71	-0.25	0.94	0.99	-0.25	-0.25	0.97		0.95	0.77	0.92
Total Current Assets	0.98	0.94	0.46	0.69	0.53	0.69	0.85	0.55	0.88	0.95	0.7	-0.06	0.95	0.72	0.5	0.66	-0.36	0.95	0.98	-0.14	-0.17	0.98	0.95		0.83	0.91
Short Term Debt	0.72	0.84	0.49	0.53	0.25	0.44	0.75	0.22	0.69	0.85	0.44	0.27	0.85	0.53	0.25	0.48	-0.28	0.8	0.77	0.3	-0.33	0.8	0.77	0.83		0.65
Intangible Assets	0.96	0.81	0.47	0.8	0.71	0.83	0.74	0.76	0.92	0.8	0.84	0.01	0.79	0.77	0.56	0.81	-0.33	0.84	0.94	-0.36	0.01	0.91	0.92	0.91	0.65

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Compania Cervecerias Account Relationship Matchups

Compania Cervecerias fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4T	2.5T	2.8T	3.6T	3.5T	3.7T
Short Long Term Debt Total	315.8B	490.5B	573.7B	1.4T	1.4T	1.5T
Other Current Liab	179.3B	213.7B	251.8B	200.5B	210.1B	220.6B
Total Current Liabilities	483.3B	521.5B	781.1B	797.2B	687.5B	363.6B
Total Stockholder Equity	1.3T	1.3T	1.3T	1.3T	1.2T	814.9B
Property Plant And Equipment Net	1.1T	1.1T	1.3T	1.4T	1.3T	734.4B
Net Debt	119.4B	94.1B	308.1B	775.5B	774.1B	812.8B
Retained Earnings	902.9B	921.8B	832.2B	843.0B	895.9B	494.2B
Accounts Payable	248.6B	256.2B	438.9B	420.6B	352.1B	369.7B
Cash	196.4B	396.4B	265.6B	597.1B	618.2B	649.1B
Non Current Assets Total	1.6T	1.6T	1.8T	1.9T	1.9T	997.6B
Non Currrent Assets Other	25.7B	30.1B	53.0B	63.9B	12.3B	11.7B
Cash And Short Term Investments	202.6B	403.7B	279.6B	609.0B	625.6B	656.9B
Net Receivables	319.0B	292.0B	404.7B	499.3B	464.1B	238.0B
Short Term Investments	6.2B	7.3B	14.0B	12.0B	7.4B	7.1B
Liabilities And Stockholders Equity	2.4T	2.5T	2.8T	3.6T	3.5T	3.7T
Non Current Liabilities Total	427.5B	595.0B	640.1B	1.4T	1.5T	1.6T
Inventory	242.4B	242.9B	366.7B	497.0B	450.4B	472.9B
Other Current Assets	12.7B	11.8B	15.8B	16.6B	61.6B	60.8B
Other Stockholder Equity	670.7B	112.2B	(87.3B)	(44.2B)	(50.9B)	(48.3B)
Total Liab	910.8B	1.1T	1.4T	2.2T	2.2T	2.3T
Property Plant And Equipment Gross	1.1T	1.1T	2.2T	2.5T	2.5T	2.6T
Total Current Assets	789.3B	960.0B	1.1T	1.7T	1.6T	1.7T
Accumulated Other Comprehensive Income	(137.5B)	(187.9B)	(87.3B)	(90.7B)	(240.2B)	(228.2B)
Short Term Debt	54.0B	50.4B	90.4B	174.7B	123.8B	130.0B
Intangible Assets	125.6B	128.3B	151.9B	172.4B	153.1B	160.8B
Other Liab	165.7B	154.9B	152.8B	154.9B	178.2B	187.1B
Other Assets	75.5B	69.2B	52.3B	39.8B	1.0	0.95
Long Term Debt	233.6B	412.9B	454.2B	1.2T	1.2T	1.3T
Good Will	125.0B	117.2B	131.2B	137.0B	127.6B	75.1B
Property Plant Equipment	1.1T	1.1T	1.3T	1.4T	1.6T	1.7T
Current Deferred Revenue	1.3B	1.3B	6.9M	1.4B	1.4B	1.4B
Net Tangible Assets	1.1T	1.1T	1.0T	1.0T	1.2T	961.6B
Long Term Investments	136.1B	131.1B	138.1B	140.9B	149.6B	105.2B
Short Long Term Debt	49.2B	45.4B	84.3B	195B	63.1B	78.9B
Long Term Debt Total	261.8B	440.1B	483.2B	1.2T	1.4T	1.4T
Capital Lease Obligations	33.1B	32.1B	35.2B	40.4B	41.2B	28.8B

Pair Trading with Compania Cervecerias

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 Compania Cervecerias 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 Compania Cervecerias will appreciate offsetting losses from the drop in the long position's value.

Moving together with Compania Stock

0.83	DOLE	Dole PLC	Pair Corr
0.74	VITL	Vital Farms	Pair Corr
0.76	WEST	Westrock Coffee	Pair Corr

Moving against Compania Stock

0.68	PAVS	Paranovus Entertainment	Pair Corr
0.55	SANW	SW Seed Company Fiscal Year End 25th of September 2024	Pair Corr
0.52	SAM	Boston Beer	Pair Corr
0.45	FDP	Fresh Del Monte	Pair Corr
0.37	FMX	Fomento Economico	Pair Corr

The ability to find closely correlated positions to Compania Cervecerias could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compania Cervecerias 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 Compania Cervecerias - 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 Compania Cervecerias Unidas to buy it.

The correlation of Compania Cervecerias 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 Compania Cervecerias moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compania Cervecerias 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 Compania Cervecerias 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 Correlation Correlation Matching

Additional Tools for Compania Stock Analysis

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

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