The company maintains a strained capital structure with a negative equity position of $3.2 billion as of 2026Q1 and a tight liquidity profile evidenced by a current ratio of 0.56.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Current Assets | 4.68B | 5.54B | 4.51B | 5.58B | 7.22B | 6.08B | 7.12B | 4.82B | 4.3B | 4.34B | 7.26B | 6.09B | 6.88B | 6.59B | 6.32B | 7.13B | 5.98B | 5.77B | 11.08B | 22.89B | 26.15B | 25.78B | 25.9B | 21.38B | 17.44B | 17.27B | 17.24B | 20.89B | 20.23B | 17.44B | 15.19B |
| Cash & Short-Term Investments | 3.53B | 4.48B | 3.13B | 3.69B | 4.03B | 4.54B | 4.95B | 2.12B | 1.33B | 1.25B | 4.57B | 2.37B | 3.32B | 3.17B | 2.9B | 3.27B | 2.31B | 1.87B | 7.92B | 4.84B | 4.78B | 6.26B | 5.74B | 3.78B | 565M | 453M | 937M | 5.1B | 4.08B | 2.28B | 240M |
| Cash Only | 3.53B | 4.48B | 3.13B | 3.69B | 4.03B | 4.54B | 4.95B | 2.12B | 1.33B | 1.25B | 4.57B | 2.37B | 3.32B | 3.17B | 2.9B | 3.27B | 2.31B | 1.87B | 7.92B | 4.84B | 4.78B | 6.26B | 5.74B | 3.78B | 565M | 453M | 937M | 5.1B | 4.08B | 2.28B | 240M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 263M | 270M | 567M | 1.87B | 47M | 137M | 152M | 309M | 603M | 420M | 124M | 124M | 115M | 193M | 268M | 85M | 96M | 44M | 83M | 2.81B | 5.36B | 5.75B | 5.26B | 5.14B | 5.15B | 5.02B | 4.31B | 4.69B | 4.29B | 4.47B |
| Days Sales Outstanding | 3.15 | 4.77 | 4.82 | 10.09 | 33.03 | 0.81 | 2.4 | 2.8 | 5.75 | 11.29 | 7.93 | 2.4 | 2.52 | 2.38 | 4.03 | 5.89 | 1.84 | 2.08 | 1.01 | 1.99 | 67.55 | 30.7 | 32.83 | 31.87 | 30.4 | 29.51 | 32.58 | 25.49 | 29.62 | 27.93 | 29.88 |
| Inventory | 1.15B | 1.07B | 1.08B | 1.22B | 1.18B | 1.19B | 1.97B | 2.29B | 2.33B | 2.23B | 2.05B | 2.03B | 2.04B | 1.88B | 1.75B | 1.78B | 1.8B | 1.81B | 1.07B | 10.57B | 12.19B | 10.58B | 10.04B | 9.54B | 9.13B | 8.92B | 8.77B | 9.03B | 9.45B | 9.04B | 9B |
| Days Inventory Outstanding | 55.89 | 144.59 | 64.87 | 71.32 | 66.86 | 61.22 | 91.79 | 118.13 | 115.4 | 107.84 | 96.41 | 95.78 | 95.65 | 95.18 | 80.29 | 84.55 | 85.42 | 82.68 | 47.18 | 492.96 | 602.12 | 88.09 | 108.26 | 110.67 | 102.84 | 96.07 | 107.77 | 115.86 | 134.07 | 129.01 | 129.04 |
| Other Current Assets | 0 | -270M | 36M | 117M | 138M | 298M | 69M | 262M | 326M | 263M | 220M | 387M | 1.39B | 1.42B | 1.48B | 1.6B | 1.78B | 2B | 2.05B | 16.71B | 9.88B | 3.58B | 4.36B | 2.81B | 2.61B | 2.75B | 2.52B | 2.45B | 2.01B | 1.82B | 1.48B |
| Total Non-Current Assets | 28.34B | 27.99B | 30.66B | 32.98B | 29.73B | 33.44B | 40.3B | 44.45B | 51.34B | 38.86B | 38.67B | 26.45B | 27.6B | 28.27B | 29.01B | 29.83B | 31.42B | 30.9B | 16.14B | 34.32B | 78.12B | 82.17B | 75.75B | 74.79B | 70.1B | 67.69B | 61.83B | 40.49B | 39.69B | 38.51B | 39.68B |
| Property, Plant & Equipment | 1.73B | 1.71B | 1.62B | 1.65B | 1.61B | 1.55B | 2.01B | 2B | 1.94B | 1.91B | 1.96B | 1.98B | 1.98B | 2.03B | 2.1B | 2.22B | 2.38B | 2.68B | 2.2B | 8.86B | 17.27B | 16.68B | 16.3B | 16.07B | 14.85B | 15.14B | 15.3B | 12.27B | 12.34B | 11.62B | 17.1B |
| Fixed Asset Turnover | 13.09x | 11.78x | 12.64x | 12.41x | 12.87x | 13.59x | 10.36x | 9.90x | 10.13x | 10.18x | 9.88x | 9.51x | 9.05x | 8.71x | 8.33x | 7.50x | 7.10x | 6.27x | 7.26x | 1.72x | 0.88x | 3.82x | 3.92x | 3.75x | 4.16x | 4.21x | 3.67x | 5.03x | 4.69x | 4.83x | 3.19x |
| Goodwill | 17.66B | 5.79B | 6.95B | 6.79B | 5.18B | 5.18B | 5.18B | 5.18B | 5.2B | 5.31B | 5.29B | 5.29B | 5.29B | 5.17B | 5.17B | 5.17B | 5.17B | 5.17B | 77M | 8B | 33.23B | 31.22B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 11.88B | 12.97B | 13.69B | 12.38B | 12.31B | 12.62B | 12.69B | 12.28B | 12.4B | 12.04B | 12.03B | 12.05B | 12.06B | 12.08B | 12.1B | 12.12B | 12.14B | 3.04B | 4.95B | 12.09B | 12.2B | 39.11B | 39.55B | 37.87B | 37.55B | 33.09B | 16.88B | 17.57B | 17.79B | 19B |
| Long-Term Investments | 34.09B | 8.63B | 8.2B | 10.01B | 9.6B | 13.48B | 19.53B | 23.58B | 30.5B | 18.85B | 18.88B | 6.72B | 7.8B | 8.45B | 6.64B | 5.51B | 9.9B | 4.98B | 9.71B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | -11M | 934M | 845M | 965M | 923M | 964M | -4.08B | -3.74B | -3.96B | 513M | -5.23B | 483M | 557M | 3.02B | 1.08B | 1.85B | 5.93B | 1.11B | 1.99B | 4.98B | 22.07B | 20.33B | 19.18B | 17.38B | 15.01B | 13.44B | 11.34B | 9.79B | 9.1B | 3.59B |
| Total Assets | 34.58B | 35.02B | 35.18B | 38.57B | 36.95B | 39.52B | 47.41B | 49.27B | 55.64B | 43.2B | 45.93B | 32.53B | 34.48B | 34.86B | 35.33B | 36.96B | 37.4B | 36.68B | 27.21B | 57.21B | 104.27B | 107.95B | 101.65B | 96.17B | 87.54B | 84.97B | 79.07B | 61.38B | 59.92B | 55.95B | 54.87B |
| Asset Turnover | 0.64x | 0.58x | 0.58x | 0.53x | 0.56x | 0.53x | 0.44x | 0.40x | 0.35x | 0.45x | 0.42x | 0.58x | 0.52x | 0.51x | 0.50x | 0.45x | 0.45x | 0.46x | 0.59x | 0.27x | 0.15x | 0.59x | 0.63x | 0.63x | 0.70x | 0.75x | 0.71x | 1.01x | 0.96x | 1.00x | 0.99x |
| Asset Growth % | -7.26% | -0.45% | -8.8% | 4.37% | -6.5% | -16.64% | -3.77% | -11.44% | 28.79% | -5.94% | 41.18% | -5.63% | -1.1% | -1.33% | -4.42% | -1.18% | 1.98% | 34.77% | -52.43% | -45.13% | -3.41% | 6.2% | 5.69% | 9.86% | 3.03% | 7.46% | 28.81% | 2.44% | 7.1% | 1.96% | 1.97% |
| Total Current Liabilities | 8.41B | 9.15B | 8.78B | 11.32B | 8.62B | 8.58B | 9.06B | 8.17B | 21.19B | 6.79B | 7.38B | 7.08B | 7.67B | 7.06B | 8.25B | 7.64B | 6.84B | 7.99B | 7.14B | 18.78B | 25.43B | 26.16B | 23.57B | 21.39B | 19.08B | 20.65B | 26.98B | 18.02B | 16.38B | 15.07B | 15.04B |
| Accounts Payable | 0 | 750M | 700M | 582M | 552M | 449M | 380M | 325M | 399M | 374M | 425M | 400M | 416M | 409M | 451M | 503M | 529M | 494M | 510M | 611M | 1.41B | 3.65B | 3.47B | 3.2B | 3.09B | 3.6B | 3.79B | 3.35B | 3.36B | 3.32B | 3.41B |
| Days Payables Outstanding | 25.76 | 101.35 | 42.04 | 34.16 | 31.28 | 23.02 | 17.74 | 16.74 | 19.75 | 18.13 | 19.98 | 18.86 | 19.5 | 20.72 | 20.74 | 23.91 | 25.06 | 22.57 | 22.51 | 28.49 | 69.87 | 30.34 | 37.37 | 37.1 | 34.79 | 38.76 | 46.56 | 43.01 | 47.68 | 47.36 | 48.87 |
| Short-Term Debt | 542M | 1.57B | 1.53B | 1.12B | 1.56B | 1.1B | 1.5B | 1B | 13.85B | 864M | 0 | 4M | 1B | 525M | 1.46B | 600M | 0 | 775M | 135M | 3.08B | 4.2B | 6.27B | 4.3B | 3.38B | 1.97B | 3.45B | 9.97B | 2.24B | 2.05B | 1.67B | 2.28B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 2.7B | 2.7B | 2.9B | 3.18B | 3.02B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.99B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 7.87B | 6.83B | 1.73B | 1.74B | -1.01B | -1.25B | -1.58B | -1.46B | 1.5B | 1.26B | 1.19B | 1.12B | 1.03B | 959M | -8M | 0 | 232M | 239M | 0 | 239M | 419M | 3.06B | 2.49B | 2.7B | 2.41B | 2.27B | 13.22B | 12.42B | 10.97B | 10.08B | 9.35B |
| Current Ratio | 0.56x | 0.61x | 0.51x | 0.49x | 0.84x | 0.71x | 0.79x | 0.59x | 0.20x | 0.64x | 0.98x | 0.86x | 0.90x | 0.93x | 0.77x | 0.93x | 0.87x | 0.72x | 1.55x | 1.22x | 1.03x | 0.99x | 1.10x | 1.00x | 0.91x | 0.84x | 0.64x | 1.16x | 1.24x | 1.16x | 1.01x |
| Quick Ratio | 0.42x | 0.49x | 0.39x | 0.39x | 0.70x | 0.57x | 0.57x | 0.31x | 0.09x | 0.31x | 0.71x | 0.57x | 0.63x | 0.67x | 0.55x | 0.70x | 0.61x | 0.50x | 1.40x | 0.66x | 0.55x | 0.58x | 0.67x | 0.55x | 0.44x | 0.40x | 0.31x | 0.66x | 0.66x | 0.56x | 0.41x |
| Cash Conversion Cycle | 33.27 | 48.01 | 27.64 | 47.25 | 68.61 | 39.01 | 76.45 | 104.19 | 101.39 | 101 | 84.36 | 79.31 | 78.66 | 76.84 | 63.58 | 66.53 | 62.2 | 62.2 | 25.68 | 466.46 | 599.81 | 88.45 | 103.73 | 105.44 | 98.44 | 86.82 | 93.78 | 98.35 | 116 | 109.58 | 110.05 |
| Total Non-Current Liabilities | 29.34B | 29.32B | 28.58B | 30.74B | 32.26B | 32.55B | 35.43B | 34.78B | 19.66B | 21.03B | 25.78B | 22.58B | 23.79B | 23.68B | 23.91B | 25.6B | 25.34B | 24.61B | 17.25B | 19.88B | 35.7B | 41.94B | 42.6B | 44.95B | 44.61B | 40.68B | 37.09B | 28.06B | 27.34B | 25.96B | 25.61B |
| Long-Term Debt | 24.06B | 24.14B | 23.4B | 25.11B | 25.12B | 26.94B | 27.97B | 27.04B | 11.9B | 13.03B | 13.88B | 12.84B | 13.69B | 13.99B | 12.42B | 13.09B | 12.19B | 11.19B | 7.34B | 7.96B | 14.5B | 17.87B | 18.68B | 21.16B | 21.36B | 18.65B | 19.15B | 12.23B | 12.62B | 12.43B | 12.96B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.02B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 13.96B | 3.37B | 3.75B | 2.8B | 2.9B | 3.69B | 4.53B | 5.08B | 5.17B | 5.25B | 8.42B | 5.66B | 6.09B | 6.85B | 4.95B | 7.56B | 4.62B | 8.56B | 5B | 7.09B | 10.85B | 14.23B | 13.55B | 13.11B | 11.63B | 10.48B | 6.67B | 5.68B | 5.08B | 4.77B | 4.37B |
| Other Non-Current Liabilities | 1.81B | 1.8B | 1.44B | 2.83B | 1.54B | 1.92B | 2.88B | 2.62B | 2.59B | 2.71B | 3.45B | 4.01B | 3.98B | 2.8B | 4.84B | 932M | 4.93B | 1.38B | 1.31B | 4.82B | 10.35B | 9.85B | 10.36B | 10.67B | 11.63B | 11.55B | 11.27B | 10.15B | 9.65B | 8.76B | 8.29B |
| Total Liabilities | 37.74B | 38.47B | 37.37B | 42.06B | 40.88B | 41.13B | 44.49B | 42.95B | 40.85B | 27.82B | 33.16B | 29.66B | 31.46B | 30.74B | 32.16B | 33.25B | 32.17B | 32.6B | 24.39B | 38.66B | 61.12B | 68.1B | 66.17B | 66.34B | 63.7B | 61.34B | 64.06B | 46.08B | 43.72B | 41.03B | 40.65B |
| Total Debt | 24.6B | 25.71B | 24.93B | 26.23B | 26.68B | 28.04B | 29.47B | 28.04B | 25.75B | 13.89B | 13.88B | 12.92B | 14.69B | 14.52B | 13.88B | 13.69B | 12.19B | 11.96B | 7.47B | 11.05B | 18.7B | 24.13B | 22.98B | 24.54B | 23.32B | 22.1B | 29.12B | 14.47B | 14.66B | 14.1B | 15.24B |
| Net Debt | 21.07B | 21.23B | 21.8B | 22.55B | 22.65B | 23.5B | 24.53B | 25.93B | 24.41B | 12.64B | 9.31B | 10.55B | 11.37B | 11.34B | 10.98B | 10.42B | 9.88B | 10.09B | -442M | 4.55B | 13.68B | 17.88B | 17.24B | 20.76B | 22.75B | 21.65B | 28.18B | 9.37B | 10.58B | 11.82B | 15B |
| Debt / Equity | -7.78x | - | - | - | - | - | 10.08x | 4.44x | 1.74x | 0.90x | 1.09x | 4.51x | 4.89x | 3.53x | 4.42x | 3.68x | 2.33x | 2.94x | 2.64x | 0.60x | 0.43x | 0.61x | 0.65x | 0.82x | 0.98x | 0.94x | 1.94x | 0.95x | 0.91x | 0.95x | 1.07x |
| Debt / EBITDA | 2.18x | 1.68x | 2.16x | 2.22x | 2.20x | 2.38x | 2.65x | 2.66x | 2.76x | 1.42x | 1.55x | 1.50x | 1.88x | 1.75x | 1.86x | 2.17x | 1.87x | 2.08x | 1.47x | 2.40x | 3.92x | 1.79x | 1.37x | 1.43x | 1.31x | 1.23x | 1.76x | 0.95x | 0.97x | 0.95x | 1.13x |
| Net Debt / EBITDA | 1.87x | 1.38x | 1.89x | 1.91x | 1.86x | 1.99x | 2.20x | 2.46x | 2.61x | 1.29x | 1.04x | 1.23x | 1.45x | 1.37x | 1.47x | 1.65x | 1.52x | 1.75x | -0.09x | 0.99x | 2.87x | 1.32x | 1.03x | 1.21x | 1.28x | 1.20x | 1.71x | 0.62x | 0.70x | 0.80x | 1.11x |
| Interest Coverage | 10.68x | 8.98x | 13.15x | 10.51x | 7.55x | 4.22x | 6.63x | 1.58x | 14.40x | 14.35x | 29.75x | 10.84x | 10.60x | 7.59x | 6.74x | 5.58x | 6.04x | 5.10x | 21.21x | 10.85x | 8.56x | - | - | - | - | - | - | - | - | - | - |
| Total Equity | -3.16B | -3.45B | -2.19B | -3.49B | -3.92B | -1.61B | 2.92B | 6.32B | 14.79B | 15.38B | 12.77B | 2.87B | 3.01B | 4.12B | 3.14B | 3.71B | 5.23B | 4.07B | 2.83B | 18.55B | 43.15B | 39.85B | 35.48B | 29.84B | 23.84B | 23.63B | 15.01B | 15.3B | 16.2B | 14.92B | 14.22B |
| Equity Growth % | -33.17% | -57.77% | 37.31% | 11.04% | -144.27% | -154.91% | -53.71% | -57.27% | -3.85% | 20.41% | 345.67% | -4.66% | -26.99% | 31.16% | -15.5% | -28.93% | 28.36% | 43.99% | -84.76% | -57% | 8.28% | 12.32% | 18.91% | 25.13% | 0.89% | 57.5% | -1.96% | -5.51% | 8.56% | 4.94% | 1.67% |
| Book Value per Share | -1.89 | -2.06 | -1.27 | -1.96 | -2.17 | -0.87 | 1.57 | 3.38 | 7.83 | 8.01 | 6.54 | 1.46 | 1.52 | 2.05 | 1.55 | 1.80 | 2.51 | 1.97 | 1.35 | 8.77 | 20.50 | 19.07 | 17.20 | 14.64 | 11.20 | 10.69 | 6.58 | 6.36 | 6.63 | 6.11 | 5.77 |
| Total Shareholders' Equity | -3.21B | -3.5B | -2.24B | -3.54B | -3.97B | -1.61B | 2.84B | 6.22B | 14.79B | 15.38B | 12.77B | 2.87B | 3.01B | 4.12B | 3.14B | 3.68B | 5.19B | 4.07B | 2.83B | 18.55B | 39.62B | 35.71B | 30.71B | 25.08B | 19.48B | 19.62B | 15.01B | 15.3B | 16.2B | 14.92B | 14.22B |
| Common Stock | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 935M | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 35.52B | 31.09B | 29.79B | 30.66B | 34.68B | 36.54B | 43.96B | 42.25B | 36.91B | 27.26B | 26.28B | 25.17B | 24.32B | 23.58B | 23.46B | 22.6B | 22.13B | 34.43B | 59.88B | 54.67B | 50.59B | 47.01B | 43.26B | 37.27B | 33.48B | 29.56B | 26.26B | 24.92B | 22.48B |
| Treasury Stock | 0 | -43.18B | -42.19B | -38.8B | -37.82B | -36.01B | -34.34B | -34.36B | -33.52B | -31.86B | -28.91B | -27.84B | -27.25B | -26.32B | -25.73B | -24.63B | -23.47B | -23.9B | -24.41B | -23.45B | -23.74B | -24.1B | -24.85B | -25.55B | -25.4B | -19.71B | -16.46B | -13.08B | 0 | 0 | 0 |
| Accumulated OCI | -2.45B | 32.83B | -2.4B | -2.67B | -2.77B | -3.06B | -4.34B | -2.86B | -2.55B | -1.9B | -2.05B | -3.28B | -2.68B | -1.38B | -2.04B | -1.89B | -1.48B | -1.56B | -2.18B | -237M | -3.81B | -1.85B | -1.14B | -2.13B | -3.96B | -3.37B | -2.95B | -2.11B | -8.9B | -8.38B | -8.22B |
| Minority Interest | 50M | 50M | 50M | 50M | 50M | 0 | 86M | 97M | 2M | 3M | 3M | -7M | -4M | -1M | 2M | 35M | 35M | 3M | 0 | 0 | 3.53B | 4.14B | 4.76B | 4.76B | 4.37B | 4.01B | 0 | 0 | 0 | 0 | 0 |
Negative equity and leverage
According to recent SEC filings, Altria's equity position has remained consistently negative over the last ten quarters, reaching a deficit of $3.2 billion in 2026Q1, which suggests that aggressive capital returns to shareholders are outpacing the company's ability to retain earnings on the balance sheet.
The persistent negative equity indicates that the company is effectively financing its dividend and share repurchase programs through debt rather than organic capital accumulation. Investors should monitor whether this structural deficit limits future financial flexibility or signals a long-term shift in capital allocation strategy.
As reported in financial statements, Altria maintains a substantial debt load of $24.6 billion as of 2026Q1, a figure that has remained relatively stable despite the company's ongoing efforts to manage its capital structure and fund significant dividend obligations to its investor base.
The reliance on debt to maintain high payout ratios appears to be a strategic choice, yet it leaves the balance sheet vulnerable to interest rate volatility and refinancing risks. This leverage profile warrants further investigation into the company's ability to service these obligations if cash flow generation from the core combustible segment continues to face secular pressure.
Based on Altria's reported figures, the current ratio has consistently hovered below 0.70, reaching 0.56 in 2026Q1, which indicates a limited buffer of liquid assets to cover short-term liabilities and suggests that the company operates with minimal working capital headroom in its current configuration.
This low liquidity profile implies that Altria relies heavily on the predictability of its operating cash flows to meet immediate obligations. Any disruption in the timing of cash receipts or unexpected regulatory costs could potentially strain the company's ability to maintain its current dividend and debt service commitments.
As evidenced by the jump in goodwill from $5.8 billion in 2025Q4 to $17.7 billion in 2026Q1, Altria's asset base is subject to significant accounting fluctuations that may obscure the underlying value of its tangible operating assets and long-term investment portfolio.
The dramatic increase in goodwill warrants further investigation, as it may reflect recent acquisition activity or accounting adjustments that do not necessarily translate into improved operational performance. Investors should be cautious, as such large intangible balances are often susceptible to future impairment charges if the acquired businesses fail to meet growth expectations.
Quick answers to the most common questions about buying MO stock.
As of 2025, Altria Group, Inc. (MO) had total assets of $35.02B including $5.54B in current assets.
Altria Group, Inc. (MO) carries total debt of $25.71B, offset by $4.48B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Altria Group, Inc. (MO) has total shareholders' equity (book value) of $-3502.0M ($-2.06 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Altria Group, Inc. (MO) reported a current ratio of 0.61x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.