Altria Retained Earnings vs Net Working Capital Analysis

MO Stock

USD 43.38 0.16 0.37%

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 Retained Earnings and its Net Working Capital 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.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Altria's Retained Earnings and Net Working Capital is -0.43. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital 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 Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Altria Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Altria's Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

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 27th of April 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

Gross Profit Total Revenue

Altria fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.56	0.25	0.65	0.21	-0.66	0.56	0.83	0.22	0.98	-0.13	0.22	-0.5	-0.72	0.53	-0.43	0.4	-0.74	0.78	0.09	0.45	0.71	-0.64	-0.43	-0.4	-0.4
Short Long Term Debt Total	0.56		0.02	0.52	-0.29	-0.51	0.98	0.54	0.45	0.6	0.26	0.45	-0.15	-0.65	0.78	-0.49	-0.14	-0.77	0.87	-0.11	0.08	0.52	-0.41	-0.28	-0.12	-0.12
Other Current Liab	0.25	0.02		0.05	0.14	-0.24	-0.03	0.31	0.27	0.25	0.16	0.27	-0.22	-0.25	0.19	-0.27	0.34	-0.26	0.18	0.05	0.29	0.3	-0.15	-0.09	-0.26	-0.26
Total Current Liabilities	0.65	0.52	0.05		0.21	-0.38	0.57	0.58	-0.05	0.69	-0.01	-0.05	-0.26	-0.44	0.11	-0.22	0.43	-0.48	0.55	-0.26	0.6	0.4	-0.34	-0.25	-0.17	-0.17
Total Stockholder Equity	0.21	-0.29	0.14	0.21		0.14	-0.23	0.42	-0.43	0.33	-0.58	-0.43	-0.06	0.16	-0.45	0.55	-0.13	0.24	-0.31	-0.56	0.61	-0.14	-0.1	-0.29	0.46	0.46
Property Plant And Equipment Net	-0.66	-0.51	-0.24	-0.38	0.14		-0.43	-0.75	-0.6	-0.65	0.19	-0.6	0.62	0.98	-0.74	0.86	-0.38	0.9	-0.79	-0.14	-0.1	-0.98	0.94	0.77	0.21	0.21
Net Debt	0.56	0.98	-0.03	0.57	-0.23	-0.43		0.54	0.28	0.61	0.25	0.28	-0.09	-0.57	0.69	-0.39	-0.15	-0.72	0.82	-0.22	0.08	0.45	-0.34	-0.2	-0.13	-0.13
Retained Earnings	0.83	0.54	0.31	0.58	0.42	-0.75	0.54		0.24	0.9	-0.38	0.24	-0.45	-0.8	0.49	-0.4	0.15	-0.78	0.66	-0.28	0.48	0.75	-0.79	-0.69	-0.03	-0.03
Cash	0.22	0.45	0.27	-0.05	-0.43	-0.6	0.28	0.24		0.16	0.11	1.0	-0.39	-0.59	0.75	-0.7	0.01	-0.54	0.59	0.49	0.04	0.56	-0.51	-0.46	-0.03	-0.03
Non Current Assets Total	0.98	0.6	0.25	0.69	0.33	-0.65	0.61	0.9	0.16		-0.2	0.16	-0.49	-0.72	0.5	-0.36	0.3	-0.73	0.76	-0.11	0.5	0.69	-0.67	-0.51	-0.25	-0.25
Non Currrent Assets Other	-0.13	0.26	0.16	-0.01	-0.58	0.19	0.25	-0.38	0.11	-0.2		0.11	0.29	0.14	0.18	-0.19	0.03	0.01	0.16	0.28	-0.4	-0.14	0.36	0.43	-0.28	-0.28
Cash And Short Term Investments	0.22	0.45	0.27	-0.05	-0.43	-0.6	0.28	0.24	1.0	0.16	0.11		-0.39	-0.59	0.75	-0.7	0.01	-0.54	0.59	0.49	0.04	0.56	-0.51	-0.46	-0.03	-0.03
Net Receivables	-0.5	-0.15	-0.22	-0.26	-0.06	0.62	-0.09	-0.45	-0.39	-0.49	0.29	-0.39		0.56	-0.39	0.43	-0.45	0.43	-0.45	-0.08	-0.11	-0.67	0.69	0.67	0.22	0.22
Common Stock Shares Outstanding	-0.72	-0.65	-0.25	-0.44	0.16	0.98	-0.57	-0.8	-0.59	-0.72	0.14	-0.59	0.56		-0.8	0.84	-0.32	0.96	-0.87	-0.09	-0.12	-0.97	0.9	0.7	0.25	0.25
Non Current Liabilities Total	0.53	0.78	0.19	0.11	-0.45	-0.74	0.69	0.49	0.75	0.5	0.18	0.75	-0.39	-0.8		-0.75	-0.03	-0.82	0.88	0.27	-0.15	0.75	-0.65	-0.47	-0.21	-0.21
Inventory	-0.43	-0.49	-0.27	-0.22	0.55	0.86	-0.39	-0.4	-0.7	-0.36	-0.19	-0.7	0.43	0.84	-0.75		-0.45	0.83	-0.75	-0.41	0.13	-0.84	0.67	0.44	0.43	0.43
Other Current Assets	0.4	-0.14	0.34	0.43	-0.13	-0.38	-0.15	0.15	0.01	0.3	0.03	0.01	-0.45	-0.32	-0.03	-0.45		-0.27	0.25	0.4	0.23	0.43	-0.25	-0.03	-0.69	-0.69
Other Stockholder Equity	-0.74	-0.77	-0.26	-0.48	0.24	0.9	-0.72	-0.78	-0.54	-0.73	0.01	-0.54	0.43	0.96	-0.82	0.83	-0.27		-0.92	-0.08	-0.09	-0.91	0.77	0.53	0.36	0.36
Total Liab	0.78	0.87	0.18	0.55	-0.31	-0.79	0.82	0.66	0.59	0.76	0.16	0.59	-0.45	-0.87	0.88	-0.75	0.25	-0.92		0.18	0.14	0.82	-0.68	-0.46	-0.36	-0.36
Total Current Assets	0.09	-0.11	0.05	-0.26	-0.56	-0.14	-0.22	-0.28	0.49	-0.11	0.28	0.49	-0.08	-0.09	0.27	-0.41	0.4	-0.08	0.18		-0.16	0.15	0.01	0.21	-0.54	-0.54
Short Term Debt	0.45	0.08	0.29	0.6	0.61	-0.1	0.08	0.48	0.04	0.5	-0.4	0.04	-0.11	-0.12	-0.15	0.13	0.23	-0.09	0.14	-0.16		0.07	-0.15	-0.2	0.13	0.13
Intangible Assets	0.71	0.52	0.3	0.4	-0.14	-0.98	0.45	0.75	0.56	0.69	-0.14	0.56	-0.67	-0.97	0.75	-0.84	0.43	-0.91	0.82	0.15	0.07		-0.93	-0.72	-0.31	-0.31
Accounts Payable	-0.64	-0.41	-0.15	-0.34	-0.1	0.94	-0.34	-0.79	-0.51	-0.67	0.36	-0.51	0.69	0.9	-0.65	0.67	-0.25	0.77	-0.68	0.01	-0.15	-0.93		0.92	-0.02	-0.02
Property Plant And Equipment Gross	-0.43	-0.28	-0.09	-0.25	-0.29	0.77	-0.2	-0.69	-0.46	-0.51	0.43	-0.46	0.67	0.7	-0.47	0.44	-0.03	0.53	-0.46	0.21	-0.2	-0.72	0.92		-0.37	-0.37
Common Stock Total Equity	-0.4	-0.12	-0.26	-0.17	0.46	0.21	-0.13	-0.03	-0.03	-0.25	-0.28	-0.03	0.22	0.25	-0.21	0.43	-0.69	0.36	-0.36	-0.54	0.13	-0.31	-0.02	-0.37		1.0
Common Stock	-0.4	-0.12	-0.26	-0.17	0.46	0.21	-0.13	-0.03	-0.03	-0.25	-0.28	-0.03	0.22	0.25	-0.21	0.43	-0.69	0.36	-0.36	-0.54	0.13	-0.31	-0.02	-0.37	1.0

Click cells to compare fundamentals

Altria Account Relationship Matchups

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

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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:

How To Invest In Altria

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Is Altria Stock a good investment?

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What is Altria's Net Worth?

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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.

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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

0.222

Dividend Share

3.84

Earnings Share

4.78

Revenue Per Share

11.501

Quarterly Revenue Growth

(0.17)

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.

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Altria Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

Altria fundamental ratios Correlations

Altria Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altria fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Altria Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.98	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding

Intangible Assets	- 0.98	Property Plant And Equipment Net
Intangible Assets	- 0.97	Common Stock Shares Outstanding
Accounts Payable	- 0.93	Intangible Assets
Total Liab	- 0.92	Other Stockholder Equity
Intangible Assets	- 0.91	Other Stockholder Equity
Total Liab	- 0.87	Common Stock Shares Outstanding