Altria Trade and Non Trade Payables vs Inventories Analysis

MO Stock  USD 43.66  0.54  1.25%   
Trend analysis of Altria Group balance sheet accounts such as Total Current Liabilities of 10.2 B, Property Plant And Equipment Net of 1.6 B or Net Debt of 16.6 B provides information on Altria's total assets, liabilities, and equity, which is the actual value of Altria Group to its prevalent stockholders. By breaking down trends over time using Altria balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Altria Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Altria Group at a specified time, usually calculated after every quarter, six months, or one year. Altria Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Altria and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Altria currently owns. An asset can also be divided into two categories, current and non-current.

Altria Balance Sheet Chart

Altria Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Altria Group uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Altria's Total Current Assets are very stable compared to the past year. As of the 28th of March 2024, Property Plant And Equipment Gross is likely to grow to about 6.2 B, while Short and Long Term Debt Total is likely to drop about 19.3 B.

Total Assets

Total assets refers to the total amount of Altria assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Altria Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Altria balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Altria Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 28th of March 2024, Selling General Administrative is likely to drop to about 2.6 B. In addition to that, Tax Provision is likely to drop to about 2 B
 2021 2022 2023 2024 (projected)
Gross Profit14.0B14.2B14.3B16.3B
Total Revenue26.0B25.1B24.5B31.2B

Altria fundamental ratios Correlations

0.560.250.650.21-0.660.560.830.220.98-0.130.22-0.5-0.730.53-0.430.4-0.740.780.090.450.71-0.64-0.43-0.4-0.4
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
0.21-0.290.140.210.14-0.230.42-0.430.33-0.58-0.43-0.060.15-0.450.55-0.130.24-0.31-0.560.61-0.14-0.1-0.290.460.46
-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
0.560.98-0.030.57-0.23-0.430.540.280.610.250.28-0.09-0.580.69-0.39-0.15-0.720.82-0.220.080.45-0.34-0.2-0.13-0.13
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
0.980.60.250.690.33-0.650.610.90.16-0.20.16-0.49-0.730.5-0.360.3-0.730.76-0.110.50.69-0.67-0.51-0.25-0.25
-0.130.260.16-0.01-0.580.190.25-0.380.11-0.20.110.290.150.18-0.190.030.010.160.28-0.4-0.140.360.43-0.28-0.28
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
-0.5-0.15-0.22-0.26-0.060.62-0.09-0.45-0.39-0.490.29-0.390.6-0.390.43-0.450.43-0.45-0.08-0.11-0.670.690.670.220.22
-0.73-0.65-0.25-0.440.150.98-0.58-0.8-0.59-0.730.15-0.590.6-0.80.83-0.320.96-0.87-0.08-0.12-0.980.910.720.260.26
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
-0.43-0.49-0.27-0.220.550.86-0.39-0.4-0.7-0.36-0.19-0.70.430.83-0.75-0.450.83-0.75-0.410.13-0.840.670.440.430.43
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
0.09-0.110.05-0.26-0.56-0.14-0.22-0.280.49-0.110.280.49-0.08-0.080.27-0.410.4-0.080.18-0.160.150.010.21-0.54-0.54
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
0.710.520.30.4-0.14-0.980.450.750.560.69-0.140.56-0.67-0.980.75-0.840.43-0.90.820.150.07-0.93-0.72-0.31-0.31
-0.64-0.41-0.15-0.34-0.10.94-0.34-0.79-0.51-0.670.36-0.510.690.91-0.650.67-0.250.77-0.680.01-0.15-0.930.92-0.02-0.02
-0.43-0.28-0.09-0.25-0.290.77-0.2-0.69-0.46-0.510.43-0.460.670.72-0.470.44-0.030.53-0.460.21-0.2-0.720.92-0.37-0.37
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.26-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
-0.4-0.12-0.26-0.170.460.21-0.13-0.03-0.03-0.25-0.28-0.030.220.26-0.210.43-0.690.36-0.36-0.540.13-0.31-0.02-0.371.0
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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
(0.23)
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.