Altria Free Cash Flow vs Capital Expenditures Analysis

MO Stock

USD 53.14 0.63 1.20%

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 Free Cash Flow and its Capital Expenditures 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.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Altria's Free Cash Flow and Capital Expenditures is -0.34. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures 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 Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Altria Group are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Altria's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by Altria Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Altria operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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.

At this time, Altria's Tax Provision is very stable compared to the past year. As of the 5th of January 2025, Enterprise Value is likely to grow to about 88.5 B, while Selling General Administrative is likely to drop about 2.4 B.

	2022	2023	2024	2025 (projected)
Gross Profit	14.2B	14.3B	12.9B	16.3B
Total Revenue	25.1B	24.5B	22.0B	31.2B

Gross Profit Total Revenue

Altria fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.56	0.23	0.65	0.18	-0.68	0.56	0.83	0.24	0.98	-0.11	0.24	-0.51	-0.71	0.54	-0.46	0.4	-0.71	0.76	0.06	0.45	0.71	-0.66	-0.42	-0.46	-0.46
Short Long Term Debt Total	0.56		0.57	0.51	-0.37	-0.53	0.99	0.56	0.49	0.6	0.3	0.49	-0.2	-0.69	0.81	-0.54	-0.02	-0.79	0.89	-0.19	0.05	0.5	-0.39	-0.22	-0.15	-0.15
Other Current Liab	0.23	0.57		0.12	-0.36	-0.37	0.49	0.33	0.63	0.23	0.46	0.63	-0.15	-0.5	0.6	-0.56	0.18	-0.55	0.55	0.0	0.04	0.36	-0.15	-0.03	-0.12	-0.12
Total Current Liabilities	0.65	0.51	0.12		0.18	-0.39	0.56	0.59	-0.03	0.7	0.0	-0.03	-0.27	-0.44	0.13	-0.23	0.44	-0.48	0.54	-0.27	0.59	0.4	-0.34	-0.24	-0.13	-0.13
Total Stockholder Equity	0.18	-0.37	-0.36	0.18		0.19	-0.31	0.35	-0.47	0.29	-0.6	-0.47	-0.01	0.24	-0.5	0.59	-0.22	0.25	-0.38	-0.44	0.6	-0.15	-0.08	-0.3	0.4	0.4
Property Plant And Equipment Net	-0.68	-0.53	-0.37	-0.39	0.19		-0.45	-0.75	-0.61	-0.66	0.14	-0.61	0.64	0.96	-0.74	0.86	-0.43	0.91	-0.79	-0.12	-0.09	-0.97	0.93	0.72	0.25	0.25
Net Debt	0.56	0.99	0.49	0.56	-0.31	-0.45		0.55	0.34	0.61	0.3	0.34	-0.14	-0.63	0.72	-0.45	-0.04	-0.74	0.84	-0.28	0.05	0.44	-0.32	-0.16	-0.15	-0.15
Retained Earnings	0.83	0.56	0.33	0.59	0.35	-0.75	0.55		0.27	0.9	-0.33	0.27	-0.47	-0.8	0.51	-0.42	0.18	-0.8	0.67	-0.31	0.46	0.75	-0.78	-0.66	-0.07	-0.07
Cash	0.24	0.49	0.63	-0.03	-0.47	-0.61	0.34	0.27		0.18	0.15	1.0	-0.42	-0.62	0.77	-0.71	0.08	-0.57	0.62	0.4	0.02	0.55	-0.5	-0.43	-0.06	-0.06
Non Current Assets Total	0.98	0.6	0.23	0.7	0.29	-0.66	0.61	0.9	0.18		-0.17	0.18	-0.5	-0.71	0.51	-0.38	0.3	-0.72	0.74	-0.13	0.49	0.69	-0.67	-0.49	-0.31	-0.31
Non Currrent Assets Other	-0.11	0.3	0.46	0.0	-0.6	0.14	0.3	-0.33	0.15	-0.17		0.15	0.25	0.07	0.23	-0.24	0.09	-0.01	0.22	0.22	-0.4	-0.13	0.34	0.43	-0.25	-0.25
Cash And Short Term Investments	0.24	0.49	0.63	-0.03	-0.47	-0.61	0.34	0.27	1.0	0.18	0.15		-0.42	-0.62	0.77	-0.71	0.08	-0.57	0.62	0.4	0.02	0.55	-0.5	-0.43	-0.06	-0.06
Net Receivables	-0.51	-0.2	-0.15	-0.27	-0.01	0.64	-0.14	-0.47	-0.42	-0.5	0.25	-0.42		0.59	-0.43	0.46	-0.44	0.45	-0.48	-0.05	-0.1	-0.68	0.7	0.65	0.21	0.21
Common Stock Shares Outstanding	-0.71	-0.69	-0.5	-0.44	0.24	0.96	-0.63	-0.8	-0.62	-0.71	0.07	-0.62	0.59		-0.82	0.85	-0.38	0.95	-0.89	0.0	-0.08	-0.93	0.85	0.62	0.29	0.29
Non Current Liabilities Total	0.54	0.81	0.6	0.13	-0.5	-0.74	0.72	0.51	0.77	0.51	0.23	0.77	-0.43	-0.82		-0.77	0.07	-0.83	0.9	0.16	-0.16	0.73	-0.62	-0.42	-0.25	-0.25
Inventory	-0.46	-0.54	-0.56	-0.23	0.59	0.86	-0.45	-0.42	-0.71	-0.38	-0.24	-0.71	0.46	0.85	-0.77		-0.53	0.81	-0.78	-0.33	0.14	-0.81	0.64	0.37	0.43	0.43
Other Current Assets	0.4	-0.02	0.18	0.44	-0.22	-0.43	-0.04	0.18	0.08	0.3	0.09	0.08	-0.44	-0.38	0.07	-0.53		-0.27	0.32	0.33	0.2	0.44	-0.26	0.01	-0.64	-0.64
Other Stockholder Equity	-0.71	-0.79	-0.55	-0.48	0.25	0.91	-0.74	-0.8	-0.57	-0.72	-0.01	-0.57	0.45	0.95	-0.83	0.81	-0.27		-0.89	0.03	-0.09	-0.89	0.78	0.55	0.2	0.2
Total Liab	0.76	0.89	0.55	0.54	-0.38	-0.79	0.84	0.67	0.62	0.74	0.22	0.62	-0.48	-0.89	0.9	-0.78	0.32	-0.89		0.07	0.1	0.78	-0.65	-0.39	-0.38	-0.38
Total Current Assets	0.06	-0.19	0.0	-0.27	-0.44	-0.12	-0.28	-0.31	0.4	-0.13	0.22	0.4	-0.05	0.0	0.16	-0.33	0.33	0.03	0.07		-0.13	0.13	-0.01	0.18	-0.5	-0.5
Short Term Debt	0.45	0.05	0.04	0.59	0.6	-0.09	0.05	0.46	0.02	0.49	-0.4	0.02	-0.1	-0.08	-0.16	0.14	0.2	-0.09	0.1	-0.13		0.07	-0.14	-0.2	0.11	0.11
Intangible Assets	0.71	0.5	0.36	0.4	-0.15	-0.97	0.44	0.75	0.55	0.69	-0.13	0.55	-0.68	-0.93	0.73	-0.81	0.44	-0.89	0.78	0.13	0.07		-0.93	-0.71	-0.22	-0.22
Accounts Payable	-0.66	-0.39	-0.15	-0.34	-0.08	0.93	-0.32	-0.78	-0.5	-0.67	0.34	-0.5	0.7	0.85	-0.62	0.64	-0.26	0.78	-0.65	-0.01	-0.14	-0.93		0.9	0.03	0.03
Property Plant And Equipment Gross	-0.42	-0.22	-0.03	-0.24	-0.3	0.72	-0.16	-0.66	-0.43	-0.49	0.43	-0.43	0.65	0.62	-0.42	0.37	0.01	0.55	-0.39	0.18	-0.2	-0.71	0.9		-0.33	-0.33
Common Stock Total Equity	-0.46	-0.15	-0.12	-0.13	0.4	0.25	-0.15	-0.07	-0.06	-0.31	-0.25	-0.06	0.21	0.29	-0.25	0.43	-0.64	0.2	-0.38	-0.5	0.11	-0.22	0.03	-0.33		1.0
Common Stock	-0.46	-0.15	-0.12	-0.13	0.4	0.25	-0.15	-0.07	-0.06	-0.31	-0.25	-0.06	0.21	0.29	-0.25	0.43	-0.64	0.2	-0.38	-0.5	0.11	-0.22	0.03	-0.33	1.0

Click cells to compare fundamentals

Altria Account Relationship Matchups

Altria fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	47.4B	39.5B	37.0B	38.6B	44.4B	56.8B
Short Long Term Debt Total	29.5B	28.0B	26.7B	26.2B	30.2B	19.4B
Other Current Liab	7.2B	7.0B	6.5B	9.6B	8.7B	4.8B
Total Current Liabilities	9.1B	8.6B	8.6B	11.3B	10.2B	10.2B
Total Stockholder Equity	2.8B	(1.6B)	(4.0B)	(3.5B)	(3.2B)	(3.0B)
Property Plant And Equipment Net	2.0B	1.6B	1.6B	1.7B	1.5B	1.4B
Net Debt	24.5B	23.5B	22.7B	22.5B	25.9B	16.6B
Retained Earnings	34.7B	30.7B	29.8B	31.1B	35.8B	30.1B
Cash	4.9B	4.5B	4.0B	3.7B	4.2B	2.8B
Non Current Assets Total	40.3B	33.4B	29.7B	33.0B	37.9B	43.6B
Non Currrent Assets Other	964M	923M	965M	845M	760.5M	722.5M
Cash And Short Term Investments	4.9B	4.5B	4.0B	3.7B	4.2B	2.8B
Net Receivables	137M	47M	1.7B	71M	63.9M	60.7M
Common Stock Shares Outstanding	1.9B	1.8B	1.8B	1.8B	1.6B	1.8B
Liabilities And Stockholders Equity	47.4B	39.5B	37.0B	38.6B	44.4B	56.8B
Non Current Liabilities Total	35.4B	32.6B	32.3B	30.7B	35.4B	29.4B
Inventory	2.0B	1.2B	1.2B	1.2B	1.1B	1.0B
Other Current Assets	69M	298M	289M	684M	615.6M	960.2M
Other Stockholder Equity	(28.4B)	(30.1B)	(31.9B)	(32.9B)	(29.6B)	(28.1B)
Total Liab	44.5B	41.1B	40.9B	42.1B	48.4B	43.5B
Total Current Assets	7.1B	6.1B	7.2B	5.6B	5.0B	9.6B
Short Term Debt	1.5B	1.1B	1.6B	1.1B	1.3B	1.2B
Intangible Assets	12.6B	12.3B	12.4B	13.7B	12.3B	13.6B
Accounts Payable	380M	449M	552M	582M	523.8M	497.6M
Property Plant And Equipment Gross	2.0B	1.6B	4.4B	4.6B	4.1B	6.2B
Accumulated Other Comprehensive Income	(4.3B)	(3.1B)	(2.8B)	(2.7B)	(3.1B)	(3.2B)
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	28.0B	26.9B	25.1B	25.1B	28.9B	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)
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 together with Altria Stock

0.67

WEST

Westrock Coffee

Pair Corr

Moving against Altria Stock

0.8	THS	Treehouse Foods	Pair Corr
0.77	BUD	Anheuser Busch Inbev	Pair Corr
0.77	RGF	Real Good Food	Pair Corr
0.69	FMX	Fomento Economico	Pair Corr
0.62	TWG	Top Wealth Group	Pair Corr

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.

Pair Correlation Correlation Matching

How To Invest In Altria

Details

Is Altria Stock a good investment?

Details

What is Altria's Net Worth?

Details

Largest Tobacco Companies

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Largest Food, Beverage & Tobacco Companies

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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Altria Free Cash Flow vs Capital Expenditures Analysis

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Free Cash Flow

Capital Expenditures

Altria fundamental ratios Correlations

Altria Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altria fundamental ratios Accounts

Pair Trading with Altria

Moving together with Altria Stock

Moving against Altria Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.96	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.95	Common Stock Shares Outstanding

Intangible Assets	- 0.97	Property Plant And Equipment Net
Accounts Payable	- 0.93	Intangible Assets
Intangible Assets	- 0.93	Common Stock Shares Outstanding
Intangible Assets	- 0.89	Other Stockholder Equity
Total Liab	- 0.89	Other Stockholder Equity
Total Liab	- 0.89	Common Stock Shares Outstanding