Altria Group Balance Sheet Health
Financial Health criteria checks 2/6
Altria Group has a total shareholder equity of $-3.5B and total debt of $26.2B, which brings its debt-to-equity ratio to -751.7%. Its total assets and total liabilities are $38.6B and $42.1B respectively. Altria Group's EBIT is $12.2B making its interest coverage ratio 12.5. It has cash and short-term investments of $3.7B.
Key information
-751.7%
Debt to equity ratio
US$26.23b
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$3.69b |
| Equity | -US$3.49b |
| Total liabilities | US$42.06b |
| Total assets | US$38.57b |
Recent financial health updates
No updates
Recent updates
Andvari Associates - Altria Group: Smoke Signals
Apr 14Investors Should Be Encouraged By Altria Group's (NYSE:MO) Returns On Capital
Apr 07
Altria: Stellar Flexibility And Resilience
Apr 02Altria: Still Undervalued, Buy On Strength
Mar 18Altria: Sustainable Big Dividends But Will Likely See Low Levels Of Price Appreciation
Mar 11Altria: Q4 Results Show This Dividend King Can Still Double Your Money Every 7 Years
Feb 12Altria: The Good, The Bad, And The Ugly
Feb 05Altria: Top 7 Drivers Of Growth That Mr. Market Doesn't Care About
Jan 29A Rare And Major Dividend Stock Buying Opportunity With Altria And Bristol Myers Squibb
Jan 18Lacklustre Performance Is Driving Altria Group, Inc.'s (NYSE:MO) Low P/E
Jan 09Altria: Double-Digit Annual Returns With High Dividend Yield
Jan 08Altria Group: Both Dividends And Price Growth Likely For Now
Dec 30Altria Group: Cannabis Could Grant Them A Life Cycle Extension
Dec 16Finding Diamonds In The Rough: Uncovering Dividend Gems
Dec 15
Altria Group (NYSE:MO) Is Very Good At Capital Allocation
Dec 11Altria Group: Use The British Jolt
Dec 07Altria: Excellent Dividend Yield
Nov 24Is Altria Group, Inc. (NYSE:MO) Trading At A 49% Discount?
Nov 20Altria Group: High Dividend Yield And Low P/E Ratio Keep Stock Attractive
Nov 15Altria Still Has A Future
Nov 06Altria Q3 Earnings: Why It Just Became My Second-Largest Holding
Oct 28Altria Group: Attractive Heading Into Q3 Earnings Despite Continued Pain
Oct 22Altria Q3 Preview: Expect Pricing To Save The Day, Again
Oct 12Here's Why We Think Altria Group (NYSE:MO) Might Deserve Your Attention Today
Oct 09Altria Group: The King Of Dividend Kings Yielding 9.52% Faces Long-Term Resistance
Oct 04Why Altria Group Is A Hidden Gem Among Dividend Kings
Sep 27Altria: The Market Is Right, It's Cheap For A Reason
Sep 07Altria: Proving The Bears Wrong For 54 Years And Counting
Aug 31Altria Group's (NYSE:MO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Altria: 54 And Counting
Aug 25Investors Shouldn't Overlook Altria Group's (NYSE:MO) Impressive Returns On Capital
Aug 23Altria Group: A Solid Buy Now (Technical Analysis)
Aug 14Is There An Opportunity With Altria Group, Inc.'s (NYSE:MO) 37% Undervaluation?
Aug 02Altria Q2 2023: Pricing Power Stands Out, Shielding Volume Worries
Aug 01Altria Q2 Earnings Preview: Watch The Volume Decline
Jul 19A Tobacco Industry Match-Up: Altria Is The Best
Jul 10Altria: Low Growth But High Income
Jun 30Here's Why We Think Altria Group (NYSE:MO) Is Well Worth Watching
Jun 27Altria Might Be A Value Trap
Jun 12Altria: Careful Now
Jun 02Altria's Incredibly Low Valuation Makes It A Great Investment
May 24Returns on Capital Paint A Bright Future For Altria Group (NYSE:MO)
May 11Is Altria Group, Inc. (NYSE:MO) Trading At A 34% Discount?
Apr 23Is Now The Time To Put Altria Group (NYSE:MO) On Your Watchlist?
Mar 15Altria Vs. Japan Tobacco: Which Company Is The Best Investment For 2023?
Feb 22Altria: Breaking Out
Feb 13Altria Group (NYSE:MO) Is Achieving High Returns On Its Capital
Feb 07Altria Group: Buy This Ultra-High-Yield Dividend King Now And Thank Yourself Later
Feb 04Altria: The Old Model Is Breaking, Risks A Dividend Cut
Jan 27Financial 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 (35.4%).
Interest Coverage: MO's interest payments on its debt are well covered by EBIT (12.5x coverage).