Molson Coors Brewing Co Class B (TAP)

The current ratio of Molson Coors Brewing Co Class B has shown an increase from 0.62 in December 31, 2020, to 0.94 in December 31, 2024. This indicates that the company's ability to cover its short-term liabilities with its current assets has improved over the years.

The quick ratio, which excludes inventory from current assets, has remained relatively stable around 0.18 to 0.32 during the same period. This ratio, although lower than the current ratio, still suggests that the company has enough liquid assets to cover its short-term obligations.

The cash ratio, which measures the company's ability to cover its short-term liabilities with cash and cash equivalents, has followed a similar trend as the quick ratio, ranging from 0.18 to 0.32. This implies that Molson Coors Brewing Co Class B has maintained a sufficient level of cash to meet its immediate financial obligations.

Overall, the liquidity ratios of Molson Coors Brewing Co Class B show a positive trend, indicating an improvement in the company's ability to meet its short-term financial obligations over the years.

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Additional liquidity measure

The cash conversion cycle of Molson Coors Brewing Co Class B shows a fluctuating trend over the five-year period from December 31, 2020, to December 31, 2024.

- In 2020, the company's cash conversion cycle stood at 41.20 days, indicating the average number of days it takes for the company to convert its investments in inventory and other resources into cash inflows.
- By the end of 2021, the cycle increased to 47.17 days, suggesting a longer period required for the company to convert its investments into cash.
- In 2022, the cycle decreased to 41.08 days, showing some improvement in the efficiency of the company's working capital management.
- By the end of 2023, the cycle further decreased to 39.93 days, indicating a more streamlined process of converting resources into cash.
- The trend continued to improve in 2024, with the cycle reaching 37.45 days, reflecting enhanced efficiency in managing the company's cash conversion cycle.

Overall, Molson Coors Brewing Co Class B has shown progress in optimizing its cash conversion cycle over the five-year period, indicating improved efficiency in its working capital management. A decreasing trend in the cycle suggests the company has been more effective in managing its inventory, receivables, and payables to generate cash inflows in a shorter period.