Altria Invested Capital Average vs Weighted Average Shares Analysis

MO
 Stock
  

USD 44.10  0.15  0.34%   

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 Invested Capital Average and its Weighted Average Shares accounts. Additionally, see Stocks Correlation.

Invested Capital Average vs Weighted Average Shares

Invested Capital Average vs Weighted Average Shares Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Invested Capital Average account and Weighted Average Shares. At this time, the significance of the direction appears to have pay attention.
The correlation between Altria's Invested Capital Average and Weighted Average Shares is -0.78. Overlapping area represents the amount of variation of Invested Capital Average that can explain the historical movement of Weighted Average Shares 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 Invested Capital Average and Weighted Average Shares is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital Average of Altria Group are associated (or correlated) with its Weighted Average Shares. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Weighted Average Shares has no effect on the direction of Invested Capital Average i.e., Altria's Invested Capital Average and Weighted Average Shares go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Invested Capital Average

Average invested capital value for the period used in the calculation of [ROIC]; and derived from [InvCap]. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.
Most indicators from Altria 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. Additionally, see Stocks Correlation.Net Cash Flow Business Acquisitions and Disposals is expected to rise to about 1.1 B this year, although the value of Selling General and Administrative Expense will most likely fall to about 2.3 B.
 2019 2020 2021 2022 (projected)
Interest Expense1.28 B1.21 B1.16 B1.18 B
Gross Profit12.71 B13.02 B13.99 B13.98 B

Altria fundamental ratios Correlations

0.42-0.640.38-0.40.43-0.65-0.150.37-0.350.77-0.261.00.460.46-0.190.27-0.4-0.540.480.29-0.090.17
0.42-0.05-0.040.11-0.04-0.27-0.380.04-0.410.34-0.440.42-0.03-0.03-0.28-0.04-0.280.160.70.680.40.5
-0.64-0.05-0.410.51-0.470.36-0.33-0.16-0.27-0.410.0-0.65-0.51-0.51-0.16-0.12-0.090.930.140.380.510.41
0.38-0.04-0.41-0.370.99-0.120.680.650.370.510.390.390.980.980.690.670.27-0.5-0.26-0.18-0.67-0.27
-0.40.110.51-0.37-0.490.79-0.23-0.450.02-0.41-0.24-0.4-0.49-0.49-0.05-0.440.260.570.30.290.490.57
0.43-0.04-0.470.99-0.49-0.240.670.680.340.560.370.441.01.00.640.70.21-0.55-0.27-0.2-0.69-0.33
-0.65-0.270.36-0.120.79-0.240.23-0.420.49-0.580.18-0.65-0.24-0.240.36-0.340.620.31-0.26-0.22-0.070.07
-0.15-0.38-0.330.68-0.230.670.230.350.86-0.20.53-0.150.650.650.960.450.72-0.45-0.56-0.5-0.69-0.71
0.370.04-0.160.65-0.450.68-0.420.35-0.190.49-0.020.370.70.70.330.99-0.34-0.14-0.07-0.05-0.27-0.19
-0.35-0.41-0.270.370.020.340.490.86-0.19-0.470.55-0.350.310.310.82-0.070.95-0.4-0.54-0.5-0.59-0.62
0.770.34-0.410.51-0.410.56-0.58-0.20.49-0.47-0.270.770.590.59-0.250.38-0.54-0.30.230.22-0.170.27
-0.26-0.440.00.39-0.240.370.180.53-0.020.55-0.27-0.260.30.30.530.10.5-0.34-0.57-0.51-0.49-0.5
1.00.42-0.650.39-0.40.44-0.65-0.150.37-0.350.77-0.260.460.46-0.190.28-0.4-0.550.470.27-0.10.16
0.46-0.03-0.510.98-0.491.0-0.240.650.70.310.590.30.461.00.620.70.18-0.56-0.25-0.2-0.69-0.31
0.46-0.03-0.510.98-0.491.0-0.240.650.70.310.590.30.461.00.620.70.18-0.56-0.25-0.2-0.69-0.31
-0.19-0.28-0.160.69-0.050.640.360.960.330.82-0.250.53-0.190.620.620.440.78-0.3-0.42-0.34-0.59-0.52
0.27-0.04-0.120.67-0.440.7-0.340.450.99-0.070.380.10.280.70.70.44-0.22-0.14-0.16-0.12-0.34-0.28
-0.4-0.28-0.090.270.260.210.620.72-0.340.95-0.540.5-0.40.180.180.78-0.22-0.22-0.35-0.29-0.4-0.37
-0.540.160.93-0.50.57-0.550.31-0.45-0.14-0.4-0.3-0.34-0.55-0.56-0.56-0.3-0.14-0.220.30.520.630.52
0.480.70.14-0.260.3-0.27-0.26-0.56-0.07-0.540.23-0.570.47-0.25-0.25-0.42-0.16-0.350.30.910.670.7
0.290.680.38-0.180.29-0.2-0.22-0.5-0.05-0.50.22-0.510.27-0.2-0.2-0.34-0.12-0.290.520.910.630.71
-0.090.40.51-0.670.49-0.69-0.07-0.69-0.27-0.59-0.17-0.49-0.1-0.69-0.69-0.59-0.34-0.40.630.670.630.67
0.170.50.41-0.270.57-0.330.07-0.71-0.19-0.620.27-0.50.16-0.31-0.31-0.52-0.28-0.370.520.70.710.67
Click cells to compare fundamentals

Altria Account Relationship Matchups

Altria fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories2.23 B2.33 B2.29 B1.97 B1.19 B1.45 B
Accounts Payable374 M399 M325 M380 M449 M480.44 M
Accumulated Other Comprehensive Income(1.9 B)(2.55 B)(2.86 B)(4.34 B)(3.06 B)(3.3 B)
Total Assets43.2 B55.46 B49.27 B47.41 B39.52 B44.68 B
Current Assets4.34 B4.3 B4.82 B7.12 B6.08 B5.71 B
Assets Non Current38.86 B51.16 B44.45 B40.3 B33.44 B38.03 B
Cash and Equivalents1.25 B1.33 B2.12 B4.95 B4.54 B4.17 B
Cash and Equivalents USD1.25 B1.33 B2.12 B4.95 B4.54 B4.17 B
Total Debt13.89 B25.75 B28.04 B29.47 B28.04 B25.74 B
Debt Non Current13.03 B11.9 B27.04 B27.97 B26.94 B24.01 B
Total Debt USD13.89 B25.75 B28.04 B29.47 B28.04 B25.74 B
Shareholders Equity15.38 B14.79 B6.22 B2.84 B(1.61 B)(1.65 B)
Shareholders Equity USD15.38 B14.79 B6.22 B2.84 B(1.61 B)(1.65 B)
Goodwill and Intangible Assets17.71 B17.48 B17.86 B17.79 B17.48 B19.31 B
Inventory2.23 B2.33 B2.29 B1.97 B1.19 B1.45 B
Investments17.95 B30.5 B23.58 B19.53 B13.48 B15.79 B
Investments Non Current17.95 B30.5 B23.58 B19.53 B13.48 B15.79 B
Total Liabilities27.78 B40.63 B42.91 B44.45 B41.13 B41.96 B
Current Liabilities6.79 B21.19 B8.17 B9.06 B8.58 B9.71 B
Liabilities Non Current20.99 B19.44 B34.74 B35.39 B32.55 B32.25 B
Trade and Non Trade Payables374 M399 M325 M380 M449 M409.75 M
Property Plant and Equipment Net1.91 B1.94 B2 B2.01 B1.55 B1.65 B
Accumulated Retained Earnings Deficit42.25 B43.96 B36.54 B34.68 B30.66 B34.64 B
Tax Liabilities5.25 B4.99 B5.08 B4.53 B3.69 B4.38 B

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Additionally, see Stocks Correlation. Note that the Altria Group information on this page should be used as a complementary analysis to other Altria's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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 YOY
-0.58
Market Capitalization
79.4 B
Quarterly Revenue Growth YOY
-0.035
Return On Assets
0.19
Return On Equity
0.39
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 Altria value 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.