Allstate Retained Earnings vs Net Debt Analysis

0HCZ Stock

193.33 1.84 0.96%

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 Retained Earnings and its Net Debt 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Corp Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Allstate Corp's Retained Earnings and Net Debt is 0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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 Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Allstate Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Allstate Corp's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

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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

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Allstate Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Allstate Corp fundamental ratios Correlations

Allstate Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allstate Corp fundamental ratios Accounts

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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