Allstate Cash And Short Term Investments vs Good Will Analysis

0HCZ Stock

191.49 5.79 2.93%

Allstate Corp financial indicator trend analysis is way more than just evaluating Allstate Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allstate Corp is a good investment. Please check the relationship between Allstate Corp Cash And Short Term Investments and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allstate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Corp Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Allstate Corp's Cash And Short Term Investments and Good Will is -0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Allstate Corp, assuming nothing else is changed. The correlation between historical values of Allstate Corp's Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Allstate Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., Allstate Corp's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Allstate Corp balance sheet. This account contains Allstate Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Allstate Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Allstate Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allstate Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allstate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 1.3 B in 2024. Discontinued Operations is likely to gain to about (3.1 B) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	50.6B	51.4B	57.1B	45.6B
Total Revenue	50.6B	51.4B	57.1B	45.8B

Gross Profit Total Revenue

Allstate Corp fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Short Term Investments	Other Current Assets	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.12	-0.19	-0.71	-0.68	0.21	-0.45	-0.31	0.43	0.21	-0.62	0.8	-0.51	0.81	-0.65	-0.73	0.05	0.5	-0.59	-0.66	-0.66	-0.04	-0.42	0.56	0.54	0.58
Total Stockholder Equity	0.12		0.72	0.34	0.4	-0.6	0.36	0.33	-0.61	-0.6	0.03	-0.19	0.34	-0.18	0.26	0.07	0.18	-0.01	0.37	-0.06	-0.06	-0.12	-0.21	-0.22	0.79	0.39
Property Plant And Equipment Net	-0.19	0.72		0.59	0.69	-0.64	0.39	0.3	-0.51	-0.64	0.42	-0.56	0.51	-0.55	0.54	0.5	0.32	-0.1	0.68	0.38	0.38	0.19	0.25	-0.41	0.38	-0.06
Net Debt	-0.71	0.34	0.59		0.88	-0.58	0.82	0.74	-0.64	-0.58	0.68	-0.88	0.71	-0.82	0.8	0.81	0.21	-0.2	0.78	0.65	0.65	0.07	0.36	-0.58	-0.09	-0.32
Retained Earnings	-0.68	0.4	0.69	0.88		-0.42	0.49	0.36	-0.79	-0.42	0.87	-0.96	0.63	-0.94	0.79	0.85	0.25	-0.31	0.97	0.83	0.84	0.09	0.48	-0.82	-0.13	-0.44
Cash	0.21	-0.6	-0.64	-0.58	-0.42		-0.64	-0.59	0.27	1.0	-0.01	0.4	-0.8	0.33	-0.68	-0.47	0.06	0.12	-0.3	-0.02	-0.03	-0.14	0.01	0.06	-0.46	-0.11
Non Current Assets Total	-0.45	0.36	0.39	0.82	0.49	-0.64		0.98	-0.33	-0.64	0.24	-0.5	0.52	-0.44	0.51	0.4	0.02	-0.13	0.34	0.21	0.22	-0.05	0.03	-0.2	0.1	-0.07
Non Currrent Assets Other	-0.31	0.33	0.3	0.74	0.36	-0.59	0.98		-0.26	-0.59	0.13	-0.37	0.43	-0.28	0.41	0.3	0.02	0.02	0.21	0.09	0.09	-0.06	-0.04	-0.07	0.16	0.05
Other Assets	0.43	-0.61	-0.51	-0.64	-0.79	0.27	-0.33	-0.26		0.27	-0.55	0.64	-0.38	0.64	-0.48	-0.52	-0.19	0.16	-0.79	-0.52	-0.51	-0.03	-0.27	0.79	-0.22	0.11
Cash And Short Term Investments	0.21	-0.6	-0.64	-0.58	-0.42	1.0	-0.64	-0.59	0.27		-0.01	0.4	-0.8	0.33	-0.68	-0.47	0.06	0.12	-0.3	-0.02	-0.03	-0.14	0.01	0.06	-0.46	-0.11
Good Will	-0.62	0.03	0.42	0.68	0.87	-0.01	0.24	0.13	-0.55	-0.01		-0.88	0.37	-0.88	0.6	0.75	0.23	-0.33	0.87	0.95	0.95	0.03	0.55	-0.78	-0.48	-0.6
Common Stock Shares Outstanding	0.8	-0.19	-0.56	-0.88	-0.96	0.4	-0.5	-0.37	0.64	0.4	-0.88		-0.66	0.98	-0.83	-0.91	-0.12	0.44	-0.91	-0.89	-0.89	-0.14	-0.56	0.79	0.34	0.6
Non Current Liabilities Total	-0.51	0.34	0.51	0.71	0.63	-0.8	0.52	0.43	-0.38	-0.8	0.37	-0.66		-0.57	0.96	0.78	0.09	-0.1	0.53	0.32	0.32	-0.06	0.04	-0.23	0.14	-0.06
Other Stockholder Equity	0.81	-0.18	-0.55	-0.82	-0.94	0.33	-0.44	-0.28	0.64	0.33	-0.88	0.98	-0.57		-0.74	-0.85	-0.04	0.57	-0.91	-0.91	-0.91	-0.16	-0.59	0.85	0.4	0.69
Total Liab	-0.65	0.26	0.54	0.8	0.79	-0.68	0.51	0.41	-0.48	-0.68	0.6	-0.83	0.96	-0.74		0.91	0.12	-0.18	0.7	0.56	0.56	0.01	0.24	-0.43	-0.05	-0.25
Total Current Assets	-0.73	0.07	0.5	0.81	0.85	-0.47	0.4	0.3	-0.52	-0.47	0.75	-0.91	0.78	-0.85	0.91		0.07	-0.27	0.8	0.78	0.78	0.31	0.61	-0.62	-0.29	-0.48
Intangible Assets	0.05	0.18	0.32	0.21	0.25	0.06	0.02	0.02	-0.19	0.06	0.23	-0.12	0.09	-0.04	0.12	0.07		0.63	0.33	0.05	0.05	-0.34	-0.24	0.03	0.19	0.29
Common Stock	0.5	-0.01	-0.1	-0.2	-0.31	0.12	-0.13	0.02	0.16	0.12	-0.33	0.44	-0.1	0.57	-0.18	-0.27	0.63		-0.29	-0.49	-0.49	-0.24	-0.46	0.54	0.45	0.71
Short Long Term Debt Total	-0.59	0.37	0.68	0.78	0.97	-0.3	0.34	0.21	-0.79	-0.3	0.87	-0.91	0.53	-0.91	0.7	0.8	0.33	-0.29		0.85	0.85	0.15	0.54	-0.86	-0.14	-0.47
Other Current Liab	-0.66	-0.06	0.38	0.65	0.83	-0.02	0.21	0.09	-0.52	-0.02	0.95	-0.89	0.32	-0.91	0.56	0.78	0.05	-0.49	0.85		1.0	0.27	0.75	-0.86	-0.59	-0.78
Total Current Liabilities	-0.66	-0.06	0.38	0.65	0.84	-0.03	0.22	0.09	-0.51	-0.03	0.95	-0.89	0.32	-0.91	0.56	0.78	0.05	-0.49	0.85	1.0		0.27	0.75	-0.86	-0.58	-0.78
Short Term Investments	-0.04	-0.12	0.19	0.07	0.09	-0.14	-0.05	-0.06	-0.03	-0.14	0.03	-0.14	-0.06	-0.16	0.01	0.31	-0.34	-0.24	0.15	0.27	0.27		0.83	-0.26	-0.14	-0.36
Other Current Assets	-0.42	-0.21	0.25	0.36	0.48	0.01	0.03	-0.04	-0.27	0.01	0.55	-0.56	0.04	-0.59	0.24	0.61	-0.24	-0.46	0.54	0.75	0.75	0.83		-0.66	-0.51	-0.71
Other Liab	0.56	-0.22	-0.41	-0.58	-0.82	0.06	-0.2	-0.07	0.79	0.06	-0.78	0.79	-0.23	0.85	-0.43	-0.62	0.03	0.54	-0.86	-0.86	-0.86	-0.26	-0.66		0.31	0.67
Net Tangible Assets	0.54	0.79	0.38	-0.09	-0.13	-0.46	0.1	0.16	-0.22	-0.46	-0.48	0.34	0.14	0.4	-0.05	-0.29	0.19	0.45	-0.14	-0.59	-0.58	-0.14	-0.51	0.31		0.8
Accounts Payable	0.58	0.39	-0.06	-0.32	-0.44	-0.11	-0.07	0.05	0.11	-0.11	-0.6	0.6	-0.06	0.69	-0.25	-0.48	0.29	0.71	-0.47	-0.78	-0.78	-0.36	-0.71	0.67	0.8

Click cells to compare fundamentals

Allstate Corp Account Relationship Matchups

Allstate Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	111.9B	120.0B	90.7B	90.2B	96.5B	85.1B
Total Stockholder Equity	26.0B	30.2B	25.2B	17.5B	17.8B	24.3B
Property Plant And Equipment Net	1.6B	1.5B	1.3B	1.2B	1.0B	1.3B
Net Debt	6.9B	8.0B	7.7B	7.6B	6.9B	6.2B
Retained Earnings	48.1B	52.8B	53.3B	51.0B	49.7B	48.5B
Cash	338M	311M	763M	736M	722M	470.3M
Non Current Assets Total	97.0B	106.0B	76.1B	72.8B	76.6B	94.0B
Non Currrent Assets Other	78.2B	92.1B	55.8B	51.1B	60.6B	56.8B
Other Assets	110.3B	12.0B	10.6B	81.5B	88.0B	69.9B
Cash And Short Term Investments	338M	311M	763M	736M	722M	470.3M
Good Will	2.5B	2.5B	2.4B	3.5B	4.0B	2.4B
Common Stock Shares Outstanding	333.5M	315.5M	299.1M	271.2M	262.5M	292.6M
Non Current Liabilities Total	57.1B	60.6B	32.1B	34.3B	36.5B	42.4B
Other Stockholder Equity	(26.3B)	(27.8B)	(30.7B)	(33.1B)	(33.3B)	(34.9B)
Total Liab	85.9B	89.8B	65.5B	72.8B	78.8B	67.1B
Total Current Assets	14.9B	14.0B	14.6B	17.3B	19.8B	12.0B
Intangible Assets	5.2B	4.2B	6.1B	6.6B	966M	917.7M
Short Long Term Debt Total	7.2B	8.3B	8.4B	8.3B	7.6B	7.5B
Liabilities And Stockholders Equity	111.9B	120.0B	90.7B	90.2B	103.4B	97.8B
Accumulated Other Comprehensive Income	2.0B	3.3B	655M	(2.4B)	(700M)	(735M)
Other Current Liab	28.6B	29.2B	33.5B	38.5B	42.4B	32.9B
Total Current Liabilities	28.8B	29.2B	33.5B	38.5B	42.4B	32.9B
Short Term Investments	7.5B	6.8B	5.1B	7.0B	8.5B	6.8B
Other Current Assets	14.9B	14.0B	14.6B	17.3B	19.8B	15.7B
Other Liab	42.2B	9.6B	11.8B	11.2B	10.1B	9.5B
Net Tangible Assets	20.7B	25.4B	18.3B	10.8B	9.7B	14.6B
Accounts Payable	28.6B	28.6B	34.2B	(39.3B)	(35.4B)	(33.6B)
Long Term Debt	6.5B	6.6B	7.8B	8.0B	9.2B	7.8B
Net Receivables	6.5B	15.7B	18.4B	18.8B	18.9B	14.2B
Capital Surpluse	3.3B	3.5B	3.5B	3.7B	4.3B	3.8B
Treasury Stock	(28.1B)	(29.7B)	(31.3B)	(34.5B)	(31.0B)	(32.6B)
Property Plant Equipment	1.6B	1.5B	1.3B	1.2B	1.4B	1.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Allstate Stock Analysis

When running Allstate Corp's price analysis, check to measure Allstate Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate Corp is operating at the current time. Most of Allstate Corp's value examination focuses on studying past and present price action to predict the probability of Allstate Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate Corp's price. Additionally, you may evaluate how the addition of Allstate Corp to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Allstate Cash And Short Term Investments vs Good Will Analysis

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Good Will

Allstate Corp fundamental ratios Correlations

Allstate Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allstate Corp fundamental ratios Accounts

Also Currently Popular

Additional Tools for Allstate Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 1.0	Other Current Liab
Non Currrent Assets Other	+ 0.98	Non Current Assets Total
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding
Short Long Term Debt Total	+ 0.97	Retained Earnings
Total Liab	+ 0.96	Non Current Liabilities Total

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings
Total Current Liabilities	- 0.91	Other Stockholder Equity
Other Current Liab	- 0.91	Other Stockholder Equity
Short Long Term Debt Total	- 0.91	Other Stockholder Equity
Short Long Term Debt Total	- 0.91	Common Stock Shares Outstanding