Altria Group Stock Current Asset

MO Stock  USD 43.66  0.54  1.25%   
Altria Group fundamentals help investors to digest information that contributes to Altria's financial success or failures. It also enables traders to predict the movement of Altria Stock. The fundamental analysis module provides a way to measure Altria's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altria stock.
As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 43.6 B. Also, Other Current Assets is likely to grow to about 957.7 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Altria Current Asset Analysis

Altria's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
 2021 2022 2023 2024 (projected)
Gross Profit14.0B14.2B14.3B16.3B
Total Revenue26.0B25.1B24.5B31.2B

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Altria Current Asset

    
  6.09 B  
Most of Altria's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altria Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altria Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Altria is extremely important. It helps to project a fair market value of Altria Stock properly, considering its historical fundamentals such as Current Asset. Since Altria's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altria's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altria's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Altria Total Assets

Total Assets

56.81 Billion

At this time, Altria's Total Assets are very stable compared to the past year.
In accordance with the recently published financial statements, Altria Group has a Current Asset of 6.09 B. This is 15.12% lower than that of the Tobacco sector and 25.64% lower than that of the Consumer Staples industry. The current asset for all United States stocks is 34.83% higher than that of the company.

Altria Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altria's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altria could also be used in its relative valuation, which is a method of valuing Altria by comparing valuation metrics of similar companies.
Altria is currently under evaluation in current asset category among related companies.

Altria ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Altria's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Altria's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Altria Fundamentals

About Altria Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altria Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altria using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altria Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Non Current Assets Total33 B43.6 B
Other Current Assets608 M957.7 M
Total Current Assets5.6 B9.6 B

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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 Altria Piotroski F Score and Altria Altman Z Score analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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
(0.23)
Dividend Share
3.84
Earnings Share
4.57
Revenue Per Share
11.537
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.