Altria Fixed Asset Turnover from 2010 to 2024

MO Stock  USD 42.92  0.05  0.12%   
Altria Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to grow to 13.03 this year. During the period from 2010 to 2024, Altria Fixed Asset Turnover quarterly data regression pattern had sample variance of  7.83 and median of  9.90. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
12.41041162
Current Value
13.03
Quarterly Volatility
2.79815397
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Altria financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altria main balance sheet or income statement drivers, such as Interest Expense of 1 B, Selling General Administrative of 2.6 B or Selling And Marketing Expenses of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 3.67, Dividend Yield of 0.13 or Days Sales Outstanding of 1.2. Altria financial statements analysis is a perfect complement when working with Altria Valuation or Volatility modules.
  
This module can also supplement Altria's financial leverage analysis and stock options assessment as well as various Altria Technical models . Check out the analysis of Altria Correlation against competitors.

Latest Altria's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Altria Group over the last few years. It is Altria's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Altria's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Altria Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.84
Geometric Mean9.22
Coefficient Of Variation28.44
Mean Deviation1.84
Median9.90
Standard Deviation2.80
Sample Variance7.83
Range11.4563
R-Value0.87
Mean Square Error2.01
R-Squared0.76
Significance0.000022
Slope0.55
Total Sum of Squares109.62

Altria Fixed Asset Turnover History

2024 13.03
2023 12.41
2022 12.87
2021 13.59
2020 10.36
2019 9.9
2018 10.13

About Altria Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Altria income statement, its balance sheet, and the statement of cash flows. Altria investors use historical funamental indicators, such as Altria's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Altria investors may use each financial statement separately, they are all related. The changes in Altria's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altria's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Altria Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Altria. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 12.41  13.03 

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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 the analysis of Altria Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.
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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.