How much debt does Constellation Brands have?

According to Constellation Brands's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Constellation Brands's total debt stands at $12.56B. This is broken down into:

• Long-term debt: $10.67B
• Short-term debt: $1.29B

The company's net debt, which accounts for cash and cash equivalents, is $12.41B. In terms of overall financial obligations, Constellation Brands's total liabilities amount to $15.63B.

Debt Ratios and Metrics

To better understand Constellation Brands's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 1.23 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 46.55% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 7.20 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 52.27% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 55.10% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Constellation Brands's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.