Altria Intangible Assets vs Current Deferred Revenue Analysis
MO Stock | USD 45.85 0.35 0.77% |
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 Intangible Assets and its Current Deferred Revenue 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.
Intangible Assets vs Current Deferred Revenue
Intangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Altria's Intangible Assets and Current Deferred Revenue is -0.99. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue 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 Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Altria Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Altria's Intangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 16th 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 Profit | 14.0B | 14.2B | 14.3B | 16.3B | Total Revenue | 26.0B | 25.1B | 24.5B | 31.2B |
Altria fundamental ratios Correlations
Click cells to compare fundamentals
Altria Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altria fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.3B | 47.4B | 39.5B | 37.0B | 38.6B | 56.8B | |
Short Long Term Debt Total | 28.0B | 29.5B | 28.0B | 26.7B | 26.2B | 19.3B | |
Other Current Liab | 3.8B | 4.0B | 4.1B | 3.8B | 6.9B | 4.6B | |
Total Current Liabilities | 8.2B | 9.1B | 8.6B | 8.6B | 11.3B | 10.2B | |
Total Stockholder Equity | 6.2B | 2.8B | (1.6B) | (4.0B) | (3.5B) | (3.4B) | |
Property Plant And Equipment Net | 2.0B | 2.0B | 1.6B | 1.6B | 1.7B | 1.6B | |
Net Debt | 25.9B | 24.5B | 23.5B | 22.7B | 22.5B | 16.6B | |
Retained Earnings | 36.5B | 34.7B | 30.7B | 29.8B | 31.1B | 30.1B | |
Cash | 2.1B | 4.9B | 4.5B | 4.0B | 3.7B | 2.8B | |
Non Current Assets Total | 44.4B | 40.3B | 33.4B | 29.7B | 33.0B | 43.6B | |
Non Currrent Assets Other | (4.1B) | 964M | 923M | 965M | 815M | 774.3M | |
Cash And Short Term Investments | 2.1B | 4.9B | 4.5B | 4.0B | 3.7B | 2.8B | |
Common Stock Shares Outstanding | 1.9B | 1.9B | 1.8B | 1.8B | 1.8B | 1.8B | |
Liabilities And Stockholders Equity | 49.3B | 47.4B | 39.5B | 37.0B | 38.6B | 56.8B | |
Non Current Liabilities Total | 34.8B | 35.4B | 32.6B | 32.3B | 30.7B | 29.4B | |
Inventory | 2.3B | 2.0B | 1.2B | 1.2B | 1.2B | 1.2B | |
Other Current Assets | 146M | 69M | 298M | 241M | 608M | 957.7M | |
Other Stockholder Equity | (28.4B) | (28.4B) | (30.1B) | (31.9B) | (32.9B) | (31.3B) | |
Total Liab | 43.0B | 44.5B | 41.1B | 40.9B | 42.1B | 43.5B | |
Total Current Assets | 4.8B | 7.1B | 6.1B | 7.2B | 5.6B | 9.6B | |
Intangible Assets | 12.7B | 12.6B | 12.3B | 12.4B | 13.7B | 13.6B | |
Accounts Payable | 325M | 380M | 449M | 552M | 582M | 552.9M | |
Property Plant And Equipment Gross | 2.0B | 2.0B | 1.6B | 4.4B | 4.6B | 6.2B | |
Accumulated Other Comprehensive Income | (2.9B) | (4.3B) | (3.1B) | (2.8B) | (2.7B) | (2.8B) | |
Other Liab | 7.7B | 7.4B | 5.6B | 7.1B | 6.4B | 6.1B | |
Other Assets | 1.0B | 22.5B | 3.0B | 965M | 868.5M | 825.1M | |
Long Term Debt | 27.0B | 28.0B | 26.9B | 25.1B | 25.1B | 18.6B | |
Treasury Stock | (33.5B) | (34.4B) | (34.3B) | (36.0B) | (32.4B) | (34.0B) | |
Property Plant Equipment | 2.0B | 2.0B | 1.6B | 1.6B | 1.4B | 1.4B | |
Current Deferred Revenue | 3.0B | 3.2B | 2.9B | 2.7B | 2.4B | 2.3B | |
Net Tangible Assets | (11.6B) | (2.3B) | (19.1B) | (21.5B) | (24.8B) | (26.0B) | |
Retained Earnings Total Equity | 42.3B | 44.0B | 34.7B | 30.7B | 35.3B | 33.1B | |
Short Term Investments | 25M | 57M | 19.5B | 13.5B | 15.5B | 16.3B | |
Long Term Debt Total | 27.0B | 28.0B | 26.9B | 25.1B | 28.9B | 18.5B | |
Capital Surpluse | 6.0B | 5.9B | 5.9B | 5.9B | 6.8B | 6.4B |
Altria Investors Sentiment
The influence of Altria's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Altria. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Altria's public news can be used to forecast risks associated with an investment in Altria. The trend in average sentiment can be used to explain how an investor holding Altria can time the market purely based on public headlines and social activities around Altria Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Altria's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Altria's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Altria's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Altria.
Altria Implied Volatility | 27.54 |
Altria's implied volatility exposes the market's sentiment of Altria Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altria's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altria stock will not fluctuate a lot when Altria's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altria in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altria's short interest history, or implied volatility extrapolated from Altria options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Altria Stock analysis
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.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
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.