Constellation Brands Inc Class A (STZ)

Current ratio

		Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020
Total current assets	US$ in thousands	3,629,500	3,646,800	3,828,400	3,729,500	3,551,400	3,434,300	3,652,600	3,496,100	3,525,900	3,530,200	3,302,200	3,329,700	3,376,600	2,943,700	3,313,100	3,044,500	3,447,100	3,537,200	3,396,200	3,484,100
Total current liabilities	US$ in thousands	3,289,000	2,913,800	3,122,200	3,141,700	3,379,900	2,857,500	3,190,500	2,968,300	2,725,000	2,511,900	2,365,800	2,698,800	2,248,600	2,187,100	2,062,800	1,269,100	2,041,400	1,909,900	1,752,400	2,311,800
Current ratio		1.10	1.25	1.23	1.19	1.05	1.20	1.14	1.18	1.29	1.41	1.40	1.23	1.50	1.35	1.61	2.40	1.69	1.85	1.94	1.51

November 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,629,500K ÷ $3,289,000K
= 1.10

The current ratio for Constellation Brands Inc Class A has fluctuated over the past few years, indicating changes in the company's short-term liquidity position. The ratio, which compares current assets to current liabilities, provides insight into the firm's ability to meet its short-term financial obligations.

From February 2020 to November 2024, the current ratio ranged from a low of 1.05 to a high of 2.40. A ratio above 1 suggests that the company has more current assets than current liabilities, indicating a healthy liquidity position. The higher the ratio, the better the company's ability to cover its short-term obligations.

Overall, Constellation Brands Inc Class A's current ratio has shown some variability, which may reflect changes in the company's working capital management or overall financial health. It would be important to further analyze the underlying reasons behind these fluctuations to gain a better understanding of the company's short-term liquidity position.