Altria Capex To Depreciation vs Operating Cash Flow Per Share Analysis
| MO Stock | USD 57.65 0.06 0.10% |
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 Capex To Depreciation and its Operating Cash Flow Per Share 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.
Capex To Depreciation vs Operating Cash Flow Per Share
Capex To Depreciation vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Capex To Depreciation account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Altria's Capex To Depreciation and Operating Cash Flow Per Share is 0.19. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Operating Cash Flow Per Share 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 Capex To Depreciation and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Altria Group are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Capex To Depreciation i.e., Altria's Capex To Depreciation and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.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 28th 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 |
Altria fundamental ratios Correlations
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Altria Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 845M | 802.8M | |
| 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
| 0.92 | BUD | Anheuser Busch Inbev | PairCorr |
| 0.76 | BGS | BG Foods | PairCorr |
| 0.7 | VITL | Vital Farms | PairCorr |
| 0.67 | FMX | Fomento Economico | PairCorr |
| 0.65 | GIS | General Mills | PairCorr |
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.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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.