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Molson Coors Beverage Company TAP Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Primo Brands logo
Primo BrandsPRMB
$526.8M-15.4%
Coca-Cola Consolidated, Inc. logo
Coca-Cola Consolidated, Inc.COKE
4.4%+0.3pp
Crown Holdings logo
Crown HoldingsCCK
$195M-0.5%
Albertsons Companies logo
Albertsons CompaniesACI

Other financials

Income statement

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Revenue$2.7B+1.0%
Gross profit$1.3B+2.2%
Operating income$258.3M+38.6%
Net income$151.3M+25.0%
EPS (diluted)$0.80+35.6%

Balance sheet

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Cash & equivalents$382.6M-7.3%
Total debt$6.5B+0.5%
Total equity$10.1B-23.2%
Total assets$22.4B-13.7%

Cash flow

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Operating cash flow$2.5M+103%
CapEx$231.7M-2.4%
Free cash flow-$229.2M+30.1%

Valuation

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Market cap$7.39B-34.4%
Enterprise value$13.5B-22.7%
P/S0.6×-0.3×

Profitability

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Gross margin47.5%-0.9pp
Operating margin-17.3%-28.6pp
Net margin-18%-25.7pp
FCF margin8.9%+0.7pp

Returns & leverage

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Return on equity-20.3%-28.2pp
Debt / equity0.6×+0.2×
Current ratio0.5×-0.4×

Where this comes from

Reported directly by Molson Coors Beverage Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Molson Coors Beverage Company’s 10-Q, filed October 29, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.