Stock Analysis on Net
Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

Altria Group Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Current ratio 0.75 0.71 0.59 0.56 0.56 0.62 0.20 0.60 0.65 0.65 0.64 0.77 0.83 0.92 0.98 0.93 0.83 0.87 0.86 0.84 0.74 0.81
Quick ratio 0.53 0.52 0.28 0.23 0.25 0.35 0.07 0.30 0.25 0.31 0.21 0.41 0.43 0.65 0.64 0.35 0.17 0.45 0.35 0.31 0.20 0.43
Cash ratio 0.51 0.50 0.26 0.21 0.23 0.33 0.06 0.28 0.22 0.29 0.18 0.39 0.40 0.63 0.62 0.33 0.15 0.44 0.33 0.29 0.18 0.41

Based on: 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-25), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-26), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-23).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Altria Group Inc.’s current ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Altria Group Inc.’s quick ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Altria Group Inc.’s cash ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Current Ratio

Altria Group Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Current assets 7,004  7,935  4,824  4,291  4,483  6,262  4,299  5,165  4,131  4,824  4,344  5,156  4,611  7,626  7,260  6,403  4,600  7,498  6,086  5,511  4,633  7,233 
Current liabilities 9,400  11,154  8,174  7,662  7,952  10,119  21,193  8,646  6,388  7,475  6,792  6,662  5,582  8,300  7,375  6,895  5,512  8,616  7,078  6,567  6,261  8,895 
Liquidity Ratio
Current ratio1 0.75 0.71 0.59 0.56 0.56 0.62 0.20 0.60 0.65 0.65 0.64 0.77 0.83 0.92 0.98 0.93 0.83 0.87 0.86 0.84 0.74 0.81
Benchmarks
Current Ratio, Competitors2
Philip Morris International Inc. 1.13 1.02 1.09 1.08 0.95 0.85 1.13 1.19 1.15 1.16 1.35 1.13 1.07 1.26 1.07 1.16 1.27 1.13 1.03 1.00 0.90 0.95

Based on: 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-25), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-26), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 7,004 ÷ 9,400 = 0.75

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Altria Group Inc.’s current ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Quick Ratio

Altria Group Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,826  5,616  2,117  1,604  1,796  3,352  1,333  2,393  1,430  2,191  1,253  2,582  2,255  5,228  4,569  2,298  819  3,815  2,369  1,907  1,123  3,674 
Receivables 140  147  152  165  163  158  142  187  144  133  142  148  119  135  151  146  122  104  124  137  142  172 
Total quick assets 4,966  5,763  2,269  1,769  1,959  3,510  1,475  2,580  1,574  2,324  1,395  2,730  2,374  5,363  4,720  2,444  941  3,919  2,493  2,044  1,265  3,846 
 
Current liabilities 9,400  11,154  8,174  7,662  7,952  10,119  21,193  8,646  6,388  7,475  6,792  6,662  5,582  8,300  7,375  6,895  5,512  8,616  7,078  6,567  6,261  8,895 
Liquidity Ratio
Quick ratio1 0.53 0.52 0.28 0.23 0.25 0.35 0.07 0.30 0.25 0.31 0.21 0.41 0.43 0.65 0.64 0.35 0.17 0.45 0.35 0.31 0.20 0.43
Benchmarks
Quick Ratio, Competitors2
Philip Morris International Inc. 0.52 0.43 0.56 0.57 0.45 0.36 0.59 0.60 0.59 0.63 0.76 0.63 0.57 0.61 0.47 0.56 0.54 0.42 0.40 0.41 0.35 0.35

Based on: 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-25), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-26), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,966 ÷ 9,400 = 0.53

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Altria Group Inc.’s quick ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Cash Ratio

Altria Group Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,826  5,616  2,117  1,604  1,796  3,352  1,333  2,393  1,430  2,191  1,253  2,582  2,255  5,228  4,569  2,298  819  3,815  2,369  1,907  1,123  3,674 
Total cash assets 4,826  5,616  2,117  1,604  1,796  3,352  1,333  2,393  1,430  2,191  1,253  2,582  2,255  5,228  4,569  2,298  819  3,815  2,369  1,907  1,123  3,674 
 
Current liabilities 9,400  11,154  8,174  7,662  7,952  10,119  21,193  8,646  6,388  7,475  6,792  6,662  5,582  8,300  7,375  6,895  5,512  8,616  7,078  6,567  6,261  8,895 
Liquidity Ratio
Cash ratio1 0.51 0.50 0.26 0.21 0.23 0.33 0.06 0.28 0.22 0.29 0.18 0.39 0.40 0.63 0.62 0.33 0.15 0.44 0.33 0.29 0.18 0.41
Benchmarks
Cash Ratio, Competitors2
Philip Morris International Inc. 0.27 0.23 0.36 0.36 0.22 0.17 0.38 0.38 0.38 0.41 0.53 0.41 0.36 0.38 0.26 0.34 0.30 0.21 0.22 0.17 0.12 0.10

Based on: 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-02-25), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-26), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 4,826 ÷ 9,400 = 0.51

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Altria Group Inc.’s cash ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.