Altria Group Balance Sheet Health
Financial Health criteria checks 2/6
Altria Group has a total shareholder equity of $-5.1B and total debt of $25.0B, which brings its debt-to-equity ratio to -494.5%. Its total assets and total liabilities are $36.5B and $41.5B respectively. Altria Group's EBIT is $12.0B making its interest coverage ratio 12.3. It has cash and short-term investments of $3.6B.
Key information
-494.5%
Debt to equity ratio
US$25.04b
Debt
Interest coverage ratio | 12.3x |
Cash | US$3.61b |
Equity | -US$5.06b |
Total liabilities | US$41.54b |
Total assets | US$36.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOOO34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MOOO34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MOOO34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MOOO34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MOOO34's debt is well covered by operating cash flow (36.7%).
Interest Coverage: MOOO34's interest payments on its debt are well covered by EBIT (12.3x coverage).