Altria Group (MO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -2,238,000 | -3,540,000 | -3,973,000 | -1,606,000 | 2,839,000 |
| Debt-to-capital ratio | — | — | — | — | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-2,238,000K)
= —
The debt-to-capital ratio for Altria Group as of December 31, 2020, is 0.00. However, the ratios for the subsequent years - December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024 - are not available (denoted by "—").
A debt-to-capital ratio of 0.00 as of December 31, 2020 suggests that Altria Group had no debt relative to its total capital at that time. This could indicate a conservative financing approach or strategic financial management.
Without the data for the following years, it is challenging to assess the trend or changes in the debt-to-capital ratio over time. Additional information on the company's debt levels and capital structure in the subsequent years would be needed to provide a more comprehensive analysis of Altria Group's leverage position.
Peer comparison
Dec 31, 2024