Philip Income Tax Expense vs Total Revenue Analysis
| PM Stock | USD 132.28 1.57 1.20% |
Philip Morris financial indicator trend analysis is much more than just breaking down Philip Morris Intern prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Philip Morris Intern is a good investment. Please check the relationship between Philip Morris Income Tax Expense and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Income Tax Expense vs Total Revenue
Income Tax Expense vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Philip Morris Intern Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Philip Morris' Income Tax Expense and Total Revenue is -0.08. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Philip Morris International, assuming nothing else is changed. The correlation between historical values of Philip Morris' Income Tax Expense and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Philip Morris International are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Philip Morris' Income Tax Expense and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Tax Expense
Total Revenue
Total revenue comprises all receipts Philip Morris Intern generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Philip Morris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Philip Morris Intern current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 26th of November 2024, Enterprise Value is likely to grow to about 154.2 B, while Selling General Administrative is likely to drop about 7.7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.3B | 20.5B | 22.3B | 18.6B | Total Revenue | 31.4B | 31.8B | 35.2B | 24.8B |
Philip Morris fundamental ratios Correlations
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Philip Morris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Philip Morris fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 42.9B | 44.8B | 41.3B | 61.7B | 65.3B | 41.7B | |
| Total Stockholder Equity | (11.6B) | (12.6B) | (8.2B) | (9.0B) | (11.2B) | (10.7B) | |
| Property Plant And Equipment Net | 6.6B | 6.4B | 6.2B | 6.7B | 7.5B | 6.8B | |
| Net Debt | 24.2B | 24.3B | (1.5B) | 39.9B | 44.8B | 47.1B | |
| Cash | 6.9B | 7.3B | 4.5B | 3.2B | 3.1B | 3.8B | |
| Non Current Assets Total | 22.4B | 23.3B | 15.7B | 42.1B | 45.5B | 23.1B | |
| Non Currrent Assets Other | 2.0B | 2.8B | 2.5B | 3.9B | 5.6B | 5.9B | |
| Cash And Short Term Investments | 6.9B | 7.3B | 4.5B | 3.2B | 3.1B | 3.8B | |
| Good Will | 5.9B | 6.0B | 6.7B | 19.7B | 16.8B | 9.4B | |
| Common Stock Shares Outstanding | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.4B | |
| Liabilities And Stockholders Equity | 42.9B | 44.8B | 41.3B | 61.7B | 65.3B | 41.7B | |
| Non Current Liabilities Total | 33.6B | 35.8B | 48.5B | 40.7B | 48.4B | 28.3B | |
| Inventory | 9.2B | 9.6B | 8.7B | 9.9B | 10.8B | 9.5B | |
| Other Current Assets | 13.7B | 860M | 13.2B | 1.8B | 1.5B | 1.5B | |
| Other Stockholder Equity | (33.2B) | (33.0B) | (33.6B) | (33.7B) | (33.5B) | (35.2B) | |
| Total Liab | 52.5B | 55.4B | 49.5B | 68.0B | 74.8B | 43.6B | |
| Property Plant And Equipment Gross | 6.6B | 6.4B | 14.7B | 15.4B | 17.1B | 17.9B | |
| Total Current Assets | 20.5B | 21.5B | 4.5B | 19.6B | 19.8B | 17.4B | |
| Accumulated Other Comprehensive Income | (10.1B) | (9.4B) | (11.2B) | (9.6B) | (11.8B) | (11.2B) | |
| Short Long Term Debt Total | 31.0B | 31.5B | 25.0B | 43.1B | 47.9B | 26.6B | |
| Other Current Liab | 14.4B | 6.0B | 16.2B | 6.5B | 6.9B | 9.6B | |
| Total Current Liabilities | 18.8B | 19.6B | 951M | 27.3B | 26.4B | 16.1B | |
| Current Deferred Revenue | (2.1B) | (2.3B) | (2.8B) | 726M | 653.4M | 794.7M | |
| Retained Earnings | 31.0B | 31.6B | 33.1B | 34.3B | 34.1B | 27.2B | |
| Accounts Payable | 2.3B | 2.8B | 3.3B | 4.1B | 4.1B | 4.4B | |
| Net Receivables | 3.7B | 3.8B | 3.9B | 4.8B | 4.4B | 3.8B | |
| Short Term Debt | 4.4B | 3.4B | 225M | 8.2B | 6.7B | 3.5B | |
| Intangible Assets | 2.1B | 2.0B | 2.8B | 6.7B | 9.9B | 10.4B | |
| Other Liab | 6.4B | 7.7B | 5.5B | 5.3B | 6.1B | 4.3B | |
| Other Assets | 2.4B | 4.2B | 21.1B | 17.3B | 19.9B | 20.9B | |
| Long Term Debt | 26.7B | 28.2B | 24.8B | 34.9B | 41.2B | 24.1B | |
| Property Plant Equipment | 6.6B | 6.4B | 6.2B | 15.4B | 17.8B | 18.6B | |
| Treasury Stock | (35.2B) | (35.1B) | (35.8B) | (35.9B) | (32.3B) | (33.9B) | |
| Net Tangible Assets | (19.5B) | (20.6B) | (10.1B) | (9.0B) | (8.1B) | (8.5B) | |
| Noncontrolling Interest In Consolidated Entity | 2.0B | 1.9B | 1.9B | 2.6B | 3.0B | 1.6B | |
| Retained Earnings Total Equity | 31.0B | 31.6B | 33.1B | 34.3B | 39.4B | 30.5B | |
| Long Term Debt Total | 26.7B | 28.2B | 24.8B | 34.9B | 40.1B | 26.3B | |
| Capital Surpluse | 2.0B | 2.1B | 2.2B | 2.2B | 2.6B | 1.8B |
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Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Philip Morris. If investors know Philip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Philip Morris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.493 | Dividend Share 5.25 | Earnings Share 6.3 | Revenue Per Share 23.958 | Quarterly Revenue Growth 0.084 |
The market value of Philip Morris Intern is measured differently than its book value, which is the value of Philip that is recorded on the company's balance sheet. Investors also form their own opinion of Philip Morris' value that differs from its market value or its book value, called intrinsic value, which is Philip Morris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Philip Morris' market value can be influenced by many factors that don't directly affect Philip Morris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Philip Morris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philip Morris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philip Morris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.