Altria Ebit vs Depreciation And Amortization Analysis

MO Stock  USD 46.32  0.01  0.02%   
Altria financial indicator trend analysis is way more than just evaluating Altria Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altria Group is a good investment. Please check the relationship between Altria Ebit and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Altria's Ebit and Depreciation And Amortization is -0.24. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Altria Group, assuming nothing else is changed. The correlation between historical values of Altria's Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Altria Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., Altria's Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Altria's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altria Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of the 23rd of May 2024, Enterprise Value is likely to grow to about 117.8 B, while Selling General Administrative is likely to drop about 2.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit14.0B14.2B14.3B16.3B
Total Revenue26.0B25.1B24.5B31.2B

Altria fundamental ratios Correlations

0.560.250.650.21-0.660.560.830.220.98-0.130.22-0.5-0.720.53-0.430.4-0.740.780.090.450.71-0.64-0.43-0.4-0.4
0.560.020.52-0.29-0.510.980.540.450.60.260.45-0.15-0.650.78-0.49-0.14-0.770.87-0.110.080.52-0.41-0.28-0.12-0.12
0.250.020.050.14-0.24-0.030.310.270.250.160.27-0.22-0.250.19-0.270.34-0.260.180.050.290.3-0.15-0.09-0.26-0.26
0.650.520.050.21-0.380.570.58-0.050.69-0.01-0.05-0.26-0.440.11-0.220.43-0.480.55-0.260.60.4-0.34-0.25-0.17-0.17
0.21-0.290.140.210.14-0.230.42-0.430.33-0.58-0.43-0.060.16-0.450.55-0.130.24-0.31-0.560.61-0.14-0.1-0.290.460.46
-0.66-0.51-0.24-0.380.14-0.43-0.75-0.6-0.650.19-0.60.620.98-0.740.86-0.380.9-0.79-0.14-0.1-0.980.940.770.210.21
0.560.98-0.030.57-0.23-0.430.540.280.610.250.28-0.09-0.570.69-0.39-0.15-0.720.82-0.220.080.45-0.34-0.2-0.13-0.13
0.830.540.310.580.42-0.750.540.240.9-0.380.24-0.45-0.80.49-0.40.15-0.780.66-0.280.480.75-0.79-0.69-0.03-0.03
0.220.450.27-0.05-0.43-0.60.280.240.160.111.0-0.39-0.590.75-0.70.01-0.540.590.490.040.56-0.51-0.46-0.03-0.03
0.980.60.250.690.33-0.650.610.90.16-0.20.16-0.49-0.720.5-0.360.3-0.730.76-0.110.50.69-0.67-0.51-0.25-0.25
-0.130.260.16-0.01-0.580.190.25-0.380.11-0.20.110.290.140.18-0.190.030.010.160.28-0.4-0.140.360.43-0.28-0.28
0.220.450.27-0.05-0.43-0.60.280.241.00.160.11-0.39-0.590.75-0.70.01-0.540.590.490.040.56-0.51-0.46-0.03-0.03
-0.5-0.15-0.22-0.26-0.060.62-0.09-0.45-0.39-0.490.29-0.390.56-0.390.43-0.450.43-0.45-0.08-0.11-0.670.690.670.220.22
-0.72-0.65-0.25-0.440.160.98-0.57-0.8-0.59-0.720.14-0.590.56-0.80.84-0.320.96-0.87-0.09-0.12-0.970.90.70.250.25
0.530.780.190.11-0.45-0.740.690.490.750.50.180.75-0.39-0.8-0.75-0.03-0.820.880.27-0.150.75-0.65-0.47-0.21-0.21
-0.43-0.49-0.27-0.220.550.86-0.39-0.4-0.7-0.36-0.19-0.70.430.84-0.75-0.450.83-0.75-0.410.13-0.840.670.440.430.43
0.4-0.140.340.43-0.13-0.38-0.150.150.010.30.030.01-0.45-0.32-0.03-0.45-0.270.250.40.230.43-0.25-0.03-0.69-0.69
-0.74-0.77-0.26-0.480.240.9-0.72-0.78-0.54-0.730.01-0.540.430.96-0.820.83-0.27-0.92-0.08-0.09-0.910.770.530.360.36
0.780.870.180.55-0.31-0.790.820.660.590.760.160.59-0.45-0.870.88-0.750.25-0.920.180.140.82-0.68-0.46-0.36-0.36
0.09-0.110.05-0.26-0.56-0.14-0.22-0.280.49-0.110.280.49-0.08-0.090.27-0.410.4-0.080.18-0.160.150.010.21-0.54-0.54
0.450.080.290.60.61-0.10.080.480.040.5-0.40.04-0.11-0.12-0.150.130.23-0.090.14-0.160.07-0.15-0.20.130.13
0.710.520.30.4-0.14-0.980.450.750.560.69-0.140.56-0.67-0.970.75-0.840.43-0.910.820.150.07-0.93-0.72-0.31-0.31
-0.64-0.41-0.15-0.34-0.10.94-0.34-0.79-0.51-0.670.36-0.510.690.9-0.650.67-0.250.77-0.680.01-0.15-0.930.92-0.02-0.02
-0.43-0.28-0.09-0.25-0.290.77-0.2-0.69-0.46-0.510.43-0.460.670.7-0.470.44-0.030.53-0.460.21-0.2-0.720.92-0.37-0.37
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.25-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.25-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
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Altria Account Relationship Matchups

Altria fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.3B47.4B39.5B37.0B38.6B56.8B
Short Long Term Debt Total28.0B29.5B28.0B26.7B26.2B19.3B
Other Current Liab3.8B4.0B4.1B3.8B6.9B4.6B
Total Current Liabilities8.2B9.1B8.6B8.6B11.3B10.2B
Total Stockholder Equity6.2B2.8B(1.6B)(4.0B)(3.5B)(3.4B)
Property Plant And Equipment Net2.0B2.0B1.6B1.6B1.7B1.6B
Net Debt25.9B24.5B23.5B22.7B22.5B16.6B
Retained Earnings36.5B34.7B30.7B29.8B31.1B30.1B
Cash2.1B4.9B4.5B4.0B3.7B2.8B
Non Current Assets Total44.4B40.3B33.4B29.7B33.0B43.6B
Non Currrent Assets Other(4.1B)964M923M965M815M774.3M
Cash And Short Term Investments2.1B4.9B4.5B4.0B3.7B2.8B
Common Stock Shares Outstanding1.9B1.9B1.8B1.8B1.8B1.8B
Liabilities And Stockholders Equity49.3B47.4B39.5B37.0B38.6B56.8B
Non Current Liabilities Total34.8B35.4B32.6B32.3B30.7B29.4B
Inventory2.3B2.0B1.2B1.2B1.2B1.2B
Other Current Assets146M69M298M241M608M957.7M
Other Stockholder Equity(28.4B)(28.4B)(30.1B)(31.9B)(32.9B)(31.3B)
Total Liab43.0B44.5B41.1B40.9B42.1B43.5B
Total Current Assets4.8B7.1B6.1B7.2B5.6B9.6B
Intangible Assets12.7B12.6B12.3B12.4B13.7B13.6B
Accounts Payable325M380M449M552M582M552.9M
Property Plant And Equipment Gross2.0B2.0B1.6B4.4B4.6B6.2B
Accumulated Other Comprehensive Income(2.9B)(4.3B)(3.1B)(2.8B)(2.7B)(2.8B)
Other Liab7.7B7.4B5.6B7.1B6.4B6.1B
Other Assets1.0B22.5B3.0B965M868.5M825.1M
Long Term Debt27.0B28.0B26.9B25.1B25.1B18.6B
Treasury Stock(33.5B)(34.4B)(34.3B)(36.0B)(32.4B)(34.0B)
Property Plant Equipment2.0B2.0B1.6B1.6B1.4B1.4B
Current Deferred Revenue3.0B3.2B2.9B2.7B2.4B2.3B
Net Tangible Assets(11.6B)(2.3B)(19.1B)(21.5B)(24.8B)(26.0B)
Retained Earnings Total Equity42.3B44.0B34.7B30.7B35.3B33.1B
Short Term Investments25M57M19.5B13.5B15.5B16.3B
Long Term Debt Total27.0B28.0B26.9B25.1B28.9B18.5B
Capital Surpluse6.0B5.9B5.9B5.9B6.8B6.4B

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When determining whether Altria Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altria's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altria Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Altria Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Altria's price analysis, check to measure Altria's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altria is operating at the current time. Most of Altria's value examination focuses on studying past and present price action to predict the probability of Altria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altria's price. Additionally, you may evaluate how the addition of Altria to your portfolios can decrease your overall portfolio volatility.
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Is Altria's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altria. If investors know Altria will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altria listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.21
Dividend Share
3.88
Earnings Share
4.78
Revenue Per Share
11.557
Quarterly Revenue Growth
(0.01)
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altria's market value can be influenced by many factors that don't directly affect Altria's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.