Philip Intangible Assets vs Cash Analysis

PM Stock  USD 131.21  0.82  0.63%   
Philip Morris financial indicator trend analysis is much more than just breaking down Philip Morris Intern prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Philip Morris Intern is a good investment. Please check the relationship between Philip Morris Intangible Assets and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Intangible Assets vs Cash

Intangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Philip Morris Intern Intangible Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Philip Morris' Intangible Assets and Cash is -0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Philip Morris International, assuming nothing else is changed. The correlation between historical values of Philip Morris' Intangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Philip Morris International are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Intangible Assets i.e., Philip Morris' Intangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Cash

Cash refers to the most liquid asset of Philip Morris Intern, which is listed under current asset account on Philip Morris International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Philip Morris customers. The amounts must be unrestricted with restricted cash listed in a different Philip Morris account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Philip Morris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Philip Morris Intern 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 22nd of November 2024, Enterprise Value is likely to grow to about 154.2 B, while Selling General Administrative is likely to drop about 7.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.3B20.5B22.3B18.6B
Total Revenue31.4B31.8B35.2B24.8B

Philip Morris fundamental ratios Correlations

-0.530.750.690.120.960.70.120.85-0.590.80.82-0.11-0.620.930.720.460.920.050.73-0.140.770.790.870.760.64
-0.53-0.7-0.61-0.37-0.4-0.3-0.37-0.250.91-0.73-0.78-0.060.95-0.78-0.26-0.48-0.76-0.54-0.430.69-0.9-0.43-0.62-0.29-0.17
0.75-0.70.680.290.650.410.30.56-0.770.670.890.12-0.810.810.470.550.790.490.58-0.580.780.520.790.590.44
0.69-0.610.68-0.030.760.66-0.020.68-0.690.380.73-0.36-0.620.680.530.710.75-0.030.84-0.250.550.580.630.730.74
0.12-0.370.29-0.03-0.080.051.0-0.33-0.270.30.10.53-0.240.24-0.120.430.210.220.03-0.410.290.20.04-0.07-0.31
0.96-0.40.650.76-0.080.67-0.070.92-0.460.620.74-0.27-0.480.840.660.510.87-0.130.84-0.050.620.690.780.860.71
0.7-0.30.410.660.050.670.060.55-0.520.530.49-0.25-0.340.560.90.220.56-0.230.410.310.40.940.520.390.88
0.12-0.370.3-0.021.0-0.070.06-0.32-0.270.310.110.53-0.240.25-0.110.430.210.220.03-0.40.290.210.05-0.06-0.31
0.85-0.250.560.68-0.330.920.55-0.32-0.370.490.64-0.31-0.40.70.660.310.73-0.110.730.060.50.580.740.840.71
-0.590.91-0.77-0.69-0.27-0.46-0.52-0.27-0.37-0.71-0.83-0.040.95-0.75-0.53-0.38-0.71-0.55-0.390.53-0.87-0.63-0.7-0.32-0.44
0.8-0.730.670.380.30.620.530.310.49-0.710.740.14-0.770.90.620.140.830.40.3-0.260.910.720.790.30.33
0.82-0.780.890.730.10.740.490.110.64-0.830.74-0.11-0.890.890.530.490.860.410.65-0.550.880.590.870.610.5
-0.11-0.060.12-0.360.53-0.27-0.250.53-0.31-0.040.14-0.11-0.05-0.02-0.15-0.11-0.090.58-0.33-0.20.09-0.08-0.08-0.25-0.39
-0.620.95-0.81-0.62-0.24-0.48-0.34-0.24-0.40.95-0.77-0.89-0.05-0.82-0.4-0.38-0.77-0.63-0.420.67-0.94-0.49-0.76-0.36-0.28
0.93-0.780.810.680.240.840.560.250.7-0.750.90.89-0.02-0.820.570.50.980.270.68-0.40.930.70.870.650.45
0.72-0.260.470.53-0.120.660.9-0.110.66-0.530.620.53-0.15-0.40.57-0.050.540.010.250.340.480.920.640.370.86
0.46-0.480.550.710.430.510.220.430.31-0.380.140.49-0.11-0.380.5-0.050.58-0.110.85-0.530.350.190.340.670.18
0.92-0.760.790.750.210.870.560.210.73-0.710.830.86-0.09-0.770.980.540.580.180.76-0.370.880.660.840.710.48
0.05-0.540.49-0.030.22-0.13-0.230.22-0.11-0.550.40.410.58-0.630.270.01-0.110.18-0.21-0.610.52-0.030.31-0.15-0.21
0.73-0.430.580.840.030.840.410.030.73-0.390.30.65-0.33-0.420.680.250.850.76-0.21-0.320.470.380.570.920.48
-0.140.69-0.58-0.25-0.41-0.050.31-0.40.060.53-0.26-0.55-0.20.67-0.40.34-0.53-0.37-0.61-0.32-0.550.18-0.31-0.180.32
0.77-0.90.780.550.290.620.40.290.5-0.870.910.880.09-0.940.930.480.350.880.520.47-0.550.60.830.450.27
0.79-0.430.520.580.20.690.940.210.58-0.630.720.59-0.08-0.490.70.920.190.66-0.030.380.180.60.690.410.75
0.87-0.620.790.630.040.780.520.050.74-0.70.790.87-0.08-0.760.870.640.340.840.310.57-0.310.830.690.60.51
0.76-0.290.590.73-0.070.860.39-0.060.84-0.320.30.61-0.25-0.360.650.370.670.71-0.150.92-0.180.450.410.60.52
0.64-0.170.440.74-0.310.710.88-0.310.71-0.440.330.5-0.39-0.280.450.860.180.48-0.210.480.320.270.750.510.52
Click cells to compare fundamentals

Philip Morris Account Relationship Matchups

Philip Morris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.9B44.8B41.3B61.7B65.3B41.7B
Total Stockholder Equity(11.6B)(12.6B)(8.2B)(9.0B)(11.2B)(10.7B)
Property Plant And Equipment Net6.6B6.4B6.2B6.7B7.5B6.8B
Net Debt24.2B24.3B(1.5B)39.9B44.8B47.1B
Cash6.9B7.3B4.5B3.2B3.1B3.8B
Non Current Assets Total22.4B23.3B15.7B42.1B45.5B23.1B
Non Currrent Assets Other2.0B2.8B2.5B3.9B5.6B5.9B
Cash And Short Term Investments6.9B7.3B4.5B3.2B3.1B3.8B
Good Will5.9B6.0B6.7B19.7B16.8B9.4B
Common Stock Shares Outstanding1.6B1.6B1.6B1.6B1.6B1.4B
Liabilities And Stockholders Equity42.9B44.8B41.3B61.7B65.3B41.7B
Non Current Liabilities Total33.6B35.8B48.5B40.7B48.4B28.3B
Inventory9.2B9.6B8.7B9.9B10.8B9.5B
Other Current Assets13.7B860M13.2B1.8B1.4B1.4B
Other Stockholder Equity(33.2B)(33.0B)(33.6B)(33.7B)(33.5B)(35.2B)
Total Liab52.5B55.4B49.5B68.0B74.8B43.6B
Property Plant And Equipment Gross6.6B6.4B14.7B15.4B17.1B17.9B
Total Current Assets20.5B21.5B4.5B19.6B19.8B17.4B
Accumulated Other Comprehensive Income(10.1B)(9.4B)(11.2B)(9.6B)(11.8B)(11.2B)
Short Long Term Debt Total31.0B31.5B25.0B43.1B47.9B26.6B
Other Current Liab14.4B6.0B16.2B6.5B6.9B9.6B
Total Current Liabilities18.8B19.6B951M27.3B26.4B16.1B
Current Deferred Revenue(2.1B)(2.3B)(2.8B)726M653.4M794.7M
Retained Earnings31.0B31.6B33.1B34.3B34.1B27.2B
Accounts Payable2.3B2.8B3.3B4.1B4.1B4.4B
Net Receivables3.7B3.8B3.9B4.8B4.4B3.8B
Short Term Debt4.4B3.4B225M8.2B6.7B3.5B
Intangible Assets2.1B2.0B2.8B6.7B9.9B10.4B
Other Liab6.4B7.7B5.5B5.3B6.1B4.3B
Other Assets2.4B4.2B21.1B17.3B19.9B20.9B
Long Term Debt26.7B28.2B24.8B34.9B41.2B24.1B
Property Plant Equipment6.6B6.4B6.2B15.4B17.8B18.6B
Treasury Stock(35.2B)(35.1B)(35.8B)(35.9B)(32.3B)(33.9B)
Net Tangible Assets(19.5B)(20.6B)(10.1B)(9.0B)(8.1B)(8.5B)
Noncontrolling Interest In Consolidated Entity2.0B1.9B1.9B2.6B3.0B1.6B
Retained Earnings Total Equity31.0B31.6B33.1B34.3B39.4B30.5B
Long Term Debt Total26.7B28.2B24.8B34.9B40.1B26.3B
Capital Surpluse2.0B2.1B2.2B2.2B2.6B1.8B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Philip Morris. If investors know Philip 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 Philip Morris 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
0.493
Dividend Share
5.25
Earnings Share
6.34
Revenue Per Share
23.958
Quarterly Revenue Growth
0.084
The market value of Philip Morris Intern is measured differently than its book value, which is the value of Philip that is recorded on the company's balance sheet. Investors also form their own opinion of Philip Morris' value that differs from its market value or its book value, called intrinsic value, which is Philip Morris' 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 Philip Morris' market value can be influenced by many factors that don't directly affect Philip Morris' 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 Philip Morris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philip Morris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philip Morris' 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.