Altria Group (MO)
Debt-to-equity 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-equity ratio | — | — | — | — | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-2,238,000K
= —
Based on the provided data, the debt-to-equity ratio for Altria Group as of December 31, 2020, is 0.00. Subsequently, data for the years 2021, 2022, 2023, and 2024 is not available (denoted by dashes).
A debt-to-equity ratio of 0.00 as of December 31, 2020, indicates that Altria Group had no debt in relation to its equity at that time. However, without data for the following years, it is challenging to evaluate the trend or changes in the company's debt-to-equity position over time.
Financial ratios like the debt-to-equity ratio are crucial for assessing a company's financial leverage and risk profile. Monitoring these ratios over multiple periods helps stakeholders understand the company's capital structure and financial health. For a more comprehensive analysis, data for the subsequent years would be necessary to track the evolution of Altria Group's debt levels relative to its equity.
Peer comparison
Dec 31, 2024