Altria Group (MO) — Tangible Net Worth Ratio

Latest as of June 2021: -286.0%

Altria Group (MO) has a Tangible Net Worth Ratio of -286.0% as of June 2021. This metric is calculated by deducting intangible assets ($12.58 Billion) from net assets ($3.26 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See MO net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-286.0%
Tangible equity / total equity

Net Assets (Equity)

$3.26 Billion
USD

Intangible Assets

$12.58 Billion
Goodwill, patents, brand value

Total Assets

$44.39 Billion
USD

Altria Group Tangible Net Worth Ratio (1985–2020)

This chart shows how Altria Group's Tangible Net Worth Ratio has changed across 36 annual periods from 1985 to 2020. As of June 2021, the ratio stands at -286.0%, reflecting net assets of $3.26 Billion with intangible assets of $12.58 Billion USD. Also explore Altria Group net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Altria Group (1985–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Altria Group from 1985 to 2020, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Altria Group market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2020 -331.3% $2.92 Billion $12.62 Billion $47.41 Billion ▼ -230.5 pp
2019 -100.8% $6.32 Billion $12.69 Billion $49.27 Billion ▼ -117.7 pp
2018 17.0% $14.79 Billion $12.28 Billion $55.64 Billion ▼ -2.4 pp
2017 19.4% $15.38 Billion $12.40 Billion $43.20 Billion ▲ +13.6 pp
2016 5.8% $12.77 Billion $12.04 Billion $45.93 Billion ▲ +324.4 pp
2015 -318.7% $2.87 Billion $12.03 Billion $32.53 Billion ▼ -18.4 pp
2014 -300.3% $3.01 Billion $12.05 Billion $34.48 Billion ▼ -107.5 pp
2013 -192.8% $4.12 Billion $12.06 Billion $34.86 Billion ▲ +88.2 pp
2012 -281.0% $3.17 Billion $12.08 Billion $35.33 Billion ▼ -55.4 pp
2011 -225.7% $3.71 Billion $12.10 Billion $36.96 Billion ▼ -93.8 pp
2010 -131.8% $5.23 Billion $12.12 Billion $37.40 Billion ▲ +66.2 pp
2009 -198.1% $4.07 Billion $12.14 Billion $36.68 Billion ▼ -190.6 pp
2008 -7.5% $2.83 Billion $3.04 Billion $27.21 Billion ▼ -80.8 pp
2007 73.3% $18.55 Billion $4.95 Billion $57.21 Billion ▲ +1.3 pp
2006 72.0% $43.15 Billion $12.09 Billion $104.27 Billion ▲ +2.6 pp
2005 69.4% $39.85 Billion $12.20 Billion $107.95 Billion ▲ +79.6 pp
2004 -10.2% $35.48 Billion $39.11 Billion $101.65 Billion ▲ +22.3 pp
2003 -32.5% $29.84 Billion $39.55 Billion $96.17 Billion ▲ +26.3 pp
2002 -58.8% $23.84 Billion $37.87 Billion $87.54 Billion ▲ +0.1 pp
2001 -58.9% $23.63 Billion $37.55 Billion $84.97 Billion ▲ +61.6 pp
2000 -120.5% $15.01 Billion $33.09 Billion $79.07 Billion ▼ -110.2 pp
1999 -10.3% $15.30 Billion $16.88 Billion $61.38 Billion ▼ -1.8 pp
1998 -8.5% $16.20 Billion $17.57 Billion $59.92 Billion ▲ +10.8 pp
1997 -19.2% $14.92 Billion $17.79 Billion $55.95 Billion ▲ +14.4 pp
1996 -33.6% $14.22 Billion $19.00 Billion $54.87 Billion ▲ +4.5 pp
1995 -38.1% $13.98 Billion $19.32 Billion $53.81 Billion ▲ +16.3 pp
1994 -54.4% $12.79 Billion $19.74 Billion $52.65 Billion ▲ +15.4 pp
1993 -69.8% $11.63 Billion $19.75 Billion $51.20 Billion ▼ -22.4 pp
1992 -47.4% $12.56 Billion $18.52 Billion $50.01 Billion ▲ +1.4 pp
1991 -48.8% $12.51 Billion $18.62 Billion $47.38 Billion ▲ +10.5 pp
1990 -59.3% $11.95 Billion $19.04 Billion $46.57 Billion ▲ +4.5 pp
1989 -63.8% $9.57 Billion $15.68 Billion $38.53 Billion ▲ +32.4 pp
1988 -96.3% $7.68 Billion $15.07 Billion $36.96 Billion ▼ -136.9 pp
1987 40.6% $6.82 Billion $4.05 Billion $19.14 Billion ▲ +11.1 pp
1986 29.5% $5.66 Billion $3.99 Billion $17.64 Billion ▲ +23.6 pp
1985 5.9% $4.74 Billion $4.46 Billion $17.43 Billion
pp = percentage points