Molson Coors Beverage Company

Molson Coors Beverage Companyverified

TAP

Price:

$55.77

Market Cap:

$11.56B

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.[Read more]

Industry

Beverages - Alcoholic

IPO Date

1975-06-12

Stock Exchange

NYSE

Ticker

TAP

The Current Ratio as of September 2024 (TTM) for Molson Coors Beverage Company (TAP) is 0.95

According to Molson Coors Beverage Company’s latest financial reports and current stock price. The company's current Current Ratio is 0.95. This represents a change of 24.15% compared to the average of 0.77 of the last 4 quarters.

Molson Coors Beverage Company (TAP) Historical Current Ratio (quarterly & annually)

How has TAP Current Ratio performed in the past?

The mean historical Current Ratio of Molson Coors Beverage Company over the last ten years is 0.71. The current 0.95 Current Ratio has changed 13.25% with respect to the historical average. Over the past ten years (40 quarters), TAP's Current Ratio was at its highest in in the September 2016 quarter at 6.82. The Current Ratio was at its lowest in in the March 2018 quarter at 0.52.

Quarterly (TTM)
Annual

Average

0.71

Median

0.68

Minimum

0.59

Maximum

1.03

Molson Coors Beverage Company (TAP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Molson Coors Beverage Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 52.31%

Maximum Annual Current Ratio = 1.03

Minimum Annual Increase = -33.56%

Minimum Annual Current Ratio = 0.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.70-10.94%
20220.781.88%
20210.7723.99%
20200.624.67%
20190.59-8.10%
20180.64-0.15%
20170.64-6.25%
20160.69-33.56%
20151.0352.31%
20140.68-5.41%

Molson Coors Beverage Company (TAP) Average Current Ratio

How has TAP Current Ratio performed in the past?

The current Current Ratio of Molson Coors Beverage Company (TAP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.75

5-year avg

0.69

10-year avg

0.71

Molson Coors Beverage Company (TAP) Current Ratio vs. Peers

How is TAP’s Current Ratio compared to its peers?

Molson Coors Beverage Company’s Current Ratio is greater than Budweiser Brewing Company APAC Limited (0.92), less than The Boston Beer Company, Inc. (1.95), greater than Anheuser-Busch InBev SA/NV (0.69), less than Ambev S.A. (1.11), less than Fomento Económico Mexicano, S.A.B. de C.V. (1.72), less than Compañía Cervecerías Unidas S.A. (2.29), greater than Anheuser-Busch InBev SA/NV (0.69), greater than Heineken N.V. (0.78), less than Suntory Beverage & Food Limited (1.23), less than Kirin Holdings Company, Limited (1.42), greater than Heineken N.V. (0.78), greater than Carlsberg A/S (0.59), less than Tsingtao Brewery Company Limited (1.63),

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