Altria Long Term Debt Total vs Net Receivables 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 Long Term Debt Total and its Net Receivables 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.
Long Term Debt Total vs Net Receivables
Long Term Debt Total vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Altria's Long Term Debt Total and Net Receivables is -0.08. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Receivables 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 Long Term Debt Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Altria Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt Total i.e., Altria's Long Term Debt Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt Total
Net Receivables
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 |
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
CEOs Directory Screen CEOs from public companies around the world | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
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.