Altria Non Current Liabilities Total vs Common Stock Shares Outstanding 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 Non Current Liabilities Total and its Common Stock Shares Outstanding 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.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Altria's Non Current Liabilities Total and Common Stock Shares Outstanding is -0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding 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 Non Current Liabilities Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Altria Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Altria's Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit14.0B14.2B14.3B16.3B
Total Revenue26.0B25.1B24.5B31.2B

Altria fundamental ratios Correlations

0.560.250.650.21-0.660.560.830.220.98-0.130.22-0.5-0.720.53-0.430.4-0.740.780.090.450.71-0.64-0.43-0.4-0.4
0.560.020.52-0.29-0.510.980.540.450.60.260.45-0.15-0.650.78-0.49-0.14-0.770.87-0.110.080.52-0.41-0.28-0.12-0.12
0.250.020.050.14-0.24-0.030.310.270.250.160.27-0.22-0.250.19-0.270.34-0.260.180.050.290.3-0.15-0.09-0.26-0.26
0.650.520.050.21-0.380.570.58-0.050.69-0.01-0.05-0.26-0.440.11-0.220.43-0.480.55-0.260.60.4-0.34-0.25-0.17-0.17
0.21-0.290.140.210.14-0.230.42-0.430.33-0.58-0.43-0.060.16-0.450.55-0.130.24-0.31-0.560.61-0.14-0.1-0.290.460.46
-0.66-0.51-0.24-0.380.14-0.43-0.75-0.6-0.650.19-0.60.620.98-0.740.86-0.380.9-0.79-0.14-0.1-0.980.940.770.210.21
0.560.98-0.030.57-0.23-0.430.540.280.610.250.28-0.09-0.570.69-0.39-0.15-0.720.82-0.220.080.45-0.34-0.2-0.13-0.13
0.830.540.310.580.42-0.750.540.240.9-0.380.24-0.45-0.80.49-0.40.15-0.780.66-0.280.480.75-0.79-0.69-0.03-0.03
0.220.450.27-0.05-0.43-0.60.280.240.160.111.0-0.39-0.590.75-0.70.01-0.540.590.490.040.56-0.51-0.46-0.03-0.03
0.980.60.250.690.33-0.650.610.90.16-0.20.16-0.49-0.720.5-0.360.3-0.730.76-0.110.50.69-0.67-0.51-0.25-0.25
-0.130.260.16-0.01-0.580.190.25-0.380.11-0.20.110.290.140.18-0.190.030.010.160.28-0.4-0.140.360.43-0.28-0.28
0.220.450.27-0.05-0.43-0.60.280.241.00.160.11-0.39-0.590.75-0.70.01-0.540.590.490.040.56-0.51-0.46-0.03-0.03
-0.5-0.15-0.22-0.26-0.060.62-0.09-0.45-0.39-0.490.29-0.390.56-0.390.43-0.450.43-0.45-0.08-0.11-0.670.690.670.220.22
-0.72-0.65-0.25-0.440.160.98-0.57-0.8-0.59-0.720.14-0.590.56-0.80.84-0.320.96-0.87-0.09-0.12-0.970.90.70.250.25
0.530.780.190.11-0.45-0.740.690.490.750.50.180.75-0.39-0.8-0.75-0.03-0.820.880.27-0.150.75-0.65-0.47-0.21-0.21
-0.43-0.49-0.27-0.220.550.86-0.39-0.4-0.7-0.36-0.19-0.70.430.84-0.75-0.450.83-0.75-0.410.13-0.840.670.440.430.43
0.4-0.140.340.43-0.13-0.38-0.150.150.010.30.030.01-0.45-0.32-0.03-0.45-0.270.250.40.230.43-0.25-0.03-0.69-0.69
-0.74-0.77-0.26-0.480.240.9-0.72-0.78-0.54-0.730.01-0.540.430.96-0.820.83-0.27-0.92-0.08-0.09-0.90.770.530.360.36
0.780.870.180.55-0.31-0.790.820.660.590.760.160.59-0.45-0.870.88-0.750.25-0.920.180.140.82-0.68-0.46-0.36-0.36
0.09-0.110.05-0.26-0.56-0.14-0.22-0.280.49-0.110.280.49-0.08-0.090.27-0.410.4-0.080.18-0.160.150.010.21-0.54-0.54
0.450.080.290.60.61-0.10.080.480.040.5-0.40.04-0.11-0.12-0.150.130.23-0.090.14-0.160.07-0.15-0.20.130.13
0.710.520.30.4-0.14-0.980.450.750.560.69-0.140.56-0.67-0.970.75-0.840.43-0.90.820.150.07-0.93-0.72-0.31-0.31
-0.64-0.41-0.15-0.34-0.10.94-0.34-0.79-0.51-0.670.36-0.510.690.9-0.650.67-0.250.77-0.680.01-0.15-0.930.92-0.02-0.02
-0.43-0.28-0.09-0.25-0.290.77-0.2-0.69-0.46-0.510.43-0.460.670.7-0.470.44-0.030.53-0.460.21-0.2-0.720.92-0.37-0.37
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.25-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.25-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
Click cells to compare fundamentals

Altria Account Relationship Matchups

Altria fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.3B47.4B39.5B37.0B38.6B56.8B
Short Long Term Debt Total28.0B29.5B28.0B26.7B26.2B19.3B
Other Current Liab3.8B4.0B4.1B3.8B6.9B4.6B
Total Current Liabilities8.2B9.1B8.6B8.6B11.3B10.2B
Total Stockholder Equity6.2B2.8B(1.6B)(4.0B)(3.5B)(3.4B)
Property Plant And Equipment Net2.0B2.0B1.6B1.6B1.7B1.6B
Net Debt25.9B24.5B23.5B22.7B22.5B16.6B
Retained Earnings36.5B34.7B30.7B29.8B31.1B30.1B
Cash2.1B4.9B4.5B4.0B3.7B2.8B
Non Current Assets Total44.4B40.3B33.4B29.7B33.0B43.6B
Non Currrent Assets Other(4.1B)964M923M965M815M774.3M
Cash And Short Term Investments2.1B4.9B4.5B4.0B3.7B2.8B
Common Stock Shares Outstanding1.9B1.9B1.8B1.8B1.8B1.8B
Liabilities And Stockholders Equity49.3B47.4B39.5B37.0B38.6B56.8B
Non Current Liabilities Total34.8B35.4B32.6B32.3B30.7B29.4B
Inventory2.3B2.0B1.2B1.2B1.2B1.2B
Other Current Assets146M69M298M241M608M957.7M
Other Stockholder Equity(28.4B)(28.4B)(30.1B)(31.9B)(32.9B)(31.3B)
Total Liab43.0B44.5B41.1B40.9B42.1B43.5B
Total Current Assets4.8B7.1B6.1B7.2B5.6B9.6B
Intangible Assets12.7B12.6B12.3B12.4B13.7B13.6B
Accounts Payable325M380M449M552M582M552.9M
Property Plant And Equipment Gross2.0B2.0B1.6B4.4B4.6B6.2B
Accumulated Other Comprehensive Income(2.9B)(4.3B)(3.1B)(2.8B)(2.7B)(2.8B)
Other Liab7.7B7.4B5.6B7.1B6.4B6.1B
Other Assets1.0B22.5B3.0B965M868.5M825.1M
Long Term Debt27.0B28.0B26.9B25.1B25.1B18.6B
Treasury Stock(33.5B)(34.4B)(34.3B)(36.0B)(32.4B)(34.0B)
Property Plant Equipment2.0B2.0B1.6B1.6B1.4B1.4B
Current Deferred Revenue3.0B3.2B2.9B2.7B2.4B2.3B
Net Tangible Assets(11.6B)(2.3B)(19.1B)(21.5B)(24.8B)(26.0B)
Retained Earnings Total Equity42.3B44.0B34.7B30.7B35.3B33.1B
Short Term Investments25M57M19.5B13.5B15.5B16.3B
Long Term Debt Total27.0B28.0B26.9B25.1B28.9B18.5B
Capital Surpluse6.0B5.9B5.9B5.9B6.8B6.4B

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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:
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.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.