Altria Interest Coverage from 2010 to 2024

MO Stock  USD 42.92  0.05  0.12%   
Altria Interest Coverage yearly trend continues to be very stable with very little volatility. Interest Coverage is likely to grow to 11.33 this year. During the period from 2010 to 2024, Altria Interest Coverage quarterly data regression pattern had sample variance of  9.65 and median of  10.23. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
10.42384682
Current Value
11.33
Quarterly Volatility
3.1070237
 
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 Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Altria Group over the last few years. It is Altria's Interest Coverage 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.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Altria Interest Coverage Regression Statistics

Arithmetic Mean10.39
Geometric Mean9.93
Coefficient Of Variation29.91
Mean Deviation2.42
Median10.23
Standard Deviation3.11
Sample Variance9.65
Range11.045
R-Value0.17
Mean Square Error10.08
R-Squared0.03
Significance0.53
Slope0.12
Total Sum of Squares135.15

Altria Interest Coverage History

2024 11.33
2023 10.42
2022 7.56
2021 9.73
2020 8.89
2019 16.02
2018 13.71

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 Interest Coverage, 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
Interest Coverage 10.42  11.33 

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 Architect
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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
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
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for 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
(0.23)
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.