Altria Short Long Term Debt vs Good Will Analysis

MO Stock

USD 56.75 0.02 0.04%

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 Short Long Term Debt and its Good Will 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 closely tied with the direction of predictive economic indicators such as signals in persons.

Short Long Term Debt vs Good Will

Short Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Short Long Term Debt account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Altria's Short Long Term Debt and Good Will is -0.12. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Good Will 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 Short Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Altria Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Long Term Debt i.e., Altria's Short Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 closely tied with the direction of predictive economic indicators such as signals in persons.

As of the 26th of November 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		0.57	0.21	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	0.39	-0.74	0.78	0.09	0.45	0.71	-0.64	-0.43	-0.4	-0.4
Short Long Term Debt Total	0.57		0.49	0.52	-0.29	-0.52	0.98	0.54	0.45	0.6	0.26	0.45	-0.16	-0.65	0.78	-0.5	-0.1	-0.77	0.87	-0.11	0.08	0.52	-0.41	-0.28	-0.13	-0.13
Other Current Liab	0.21	0.49		0.09	-0.27	-0.35	0.41	0.3	0.6	0.21	0.43	0.6	-0.1	-0.42	0.54	-0.51	0.1	-0.51	0.47	0.11	0.08	0.37	-0.17	-0.08	-0.23	-0.23
Total Current Liabilities	0.65	0.52	0.09		0.21	-0.38	0.57	0.58	-0.05	0.69	-0.01	-0.05	-0.26	-0.44	0.11	-0.22	0.44	-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	-0.27	0.21		0.14	-0.23	0.42	-0.43	0.33	-0.58	-0.43	-0.05	0.16	-0.45	0.55	-0.18	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	-0.52	-0.35	-0.38	0.14		-0.43	-0.75	-0.6	-0.65	0.19	-0.6	0.63	0.98	-0.74	0.86	-0.39	0.9	-0.79	-0.14	-0.1	-0.98	0.94	0.77	0.21	0.21
Net Debt	0.56	0.98	0.41	0.57	-0.23	-0.43		0.54	0.28	0.61	0.25	0.28	-0.09	-0.57	0.69	-0.39	-0.12	-0.72	0.82	-0.22	0.08	0.45	-0.34	-0.2	-0.13	-0.13
Retained Earnings	0.83	0.54	0.3	0.58	0.42	-0.75	0.54		0.24	0.9	-0.38	0.24	-0.46	-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	0.6	-0.05	-0.43	-0.6	0.28	0.24		0.16	0.11	1.0	-0.4	-0.59	0.75	-0.7	0.04	-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	0.21	0.69	0.33	-0.65	0.61	0.9	0.16		-0.2	0.16	-0.49	-0.72	0.5	-0.36	0.29	-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	0.43	-0.01	-0.58	0.19	0.25	-0.38	0.11	-0.2		0.11	0.29	0.14	0.18	-0.19	0.06	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	0.6	-0.05	-0.43	-0.6	0.28	0.24	1.0	0.16	0.11		-0.4	-0.59	0.75	-0.7	0.04	-0.54	0.59	0.49	0.04	0.56	-0.51	-0.46	-0.03	-0.03
Net Receivables	-0.5	-0.16	-0.1	-0.26	-0.05	0.63	-0.09	-0.46	-0.4	-0.49	0.29	-0.4		0.58	-0.4	0.44	-0.43	0.44	-0.46	-0.08	-0.11	-0.68	0.7	0.68	0.22	0.22
Common Stock Shares Outstanding	-0.72	-0.65	-0.42	-0.44	0.16	0.98	-0.57	-0.8	-0.59	-0.72	0.14	-0.59	0.58		-0.8	0.84	-0.34	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	0.54	0.11	-0.45	-0.74	0.69	0.49	0.75	0.5	0.18	0.75	-0.4	-0.8		-0.75	0.0	-0.82	0.88	0.27	-0.15	0.75	-0.65	-0.47	-0.21	-0.21
Inventory	-0.43	-0.5	-0.51	-0.22	0.55	0.86	-0.39	-0.4	-0.7	-0.36	-0.19	-0.7	0.44	0.84	-0.75		-0.49	0.83	-0.75	-0.41	0.13	-0.84	0.67	0.44	0.43	0.43
Other Current Assets	0.39	-0.1	0.1	0.44	-0.18	-0.39	-0.12	0.15	0.04	0.29	0.06	0.04	-0.43	-0.34	0.0	-0.49		-0.3	0.27	0.4	0.22	0.44	-0.24	-0.01	-0.71	-0.71
Other Stockholder Equity	-0.74	-0.77	-0.51	-0.48	0.24	0.9	-0.72	-0.78	-0.54	-0.73	0.01	-0.54	0.44	0.96	-0.82	0.83	-0.3		-0.92	-0.08	-0.09	-0.91	0.77	0.53	0.36	0.36
Total Liab	0.78	0.87	0.47	0.55	-0.31	-0.79	0.82	0.66	0.59	0.76	0.16	0.59	-0.46	-0.87	0.88	-0.75	0.27	-0.92		0.18	0.14	0.82	-0.68	-0.46	-0.36	-0.36
Total Current Assets	0.09	-0.11	0.11	-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	0.08	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	0.22	-0.09	0.14	-0.16		0.07	-0.15	-0.2	0.13	0.13
Intangible Assets	0.71	0.52	0.37	0.4	-0.14	-0.98	0.45	0.75	0.56	0.69	-0.14	0.56	-0.68	-0.97	0.75	-0.84	0.44	-0.91	0.82	0.15	0.07		-0.93	-0.72	-0.31	-0.31
Accounts Payable	-0.64	-0.41	-0.17	-0.34	-0.1	0.94	-0.34	-0.79	-0.51	-0.67	0.36	-0.51	0.7	0.9	-0.65	0.67	-0.24	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	-0.08	-0.25	-0.29	0.77	-0.2	-0.69	-0.46	-0.51	0.43	-0.46	0.68	0.7	-0.47	0.44	-0.01	0.53	-0.46	0.21	-0.2	-0.72	0.92		-0.37	-0.37
Common Stock Total Equity	-0.4	-0.13	-0.23	-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	-0.71	0.36	-0.36	-0.54	0.13	-0.31	-0.02	-0.37		1.0
Common Stock	-0.4	-0.13	-0.23	-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	-0.71	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	19.4B
Other Current Liab	3.8B	7.2B	7.0B	6.5B	9.6B	4.8B
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	289M	684M	960.2M
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
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

Pair Trading with Altria

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altria position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altria will appreciate offsetting losses from the drop in the long position's value.

Moving against Altria Stock

0.89	BUD	Anheuser Busch Inbev	Pair Corr
0.73	VITL	Vital Farms	Pair Corr
0.72	BGS	BG Foods	Pair Corr
0.63	GIS	General Mills	Pair Corr
0.56	ADM	Archer Daniels Midland Sell-off Trend	Pair Corr

The ability to find closely correlated positions to Altria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altria when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altria - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altria Group to buy it.

The correlation of Altria is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altria Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Altria can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

How To Invest In Altria

Details

Is Altria Stock a good investment?

Details

What is Altria's Net Worth?

Details

Largest Tobacco Companies

View

Largest Food, Beverage & Tobacco Companies

View

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 closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Is Tobacco space 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

0.099

Dividend Share

3.96

Earnings Share

5.92

Revenue Per Share

11.726

Quarterly Revenue Growth

0.013

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Altria Short Long Term Debt vs Good Will Analysis

Short Long Term Debt vs Good Will

Short Long Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Good Will

Altria fundamental ratios Correlations

Altria Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altria fundamental ratios Accounts

Pair Trading with Altria

Moving against Altria Stock

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