Altria Group Balance Sheet Health
Financial Health criteria checks 2/6
Altria Group has a total shareholder equity of $-3.0B and total debt of $25.0B, which brings its debt-to-equity ratio to -843.7%. Its total assets and total liabilities are $34.4B and $37.4B respectively. Altria Group's EBIT is $11.9B making its interest coverage ratio 11.7. It has cash and short-term investments of $1.8B.
Key information
-843.7%
Debt to equity ratio
US$25.02b
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$1.80b |
| Equity | -US$2.97b |
| Total liabilities | US$37.35b |
| Total assets | US$34.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MO 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: MO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MO's debt is well covered by operating cash flow (35.9%).
Interest Coverage: MO's interest payments on its debt are well covered by EBIT (11.7x coverage).