Allstate Interest Coverage vs Income Quality Analysis

ALL Stock

USD 207.39 0.81 0.39%

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

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Allstate's Interest Coverage and Income Quality is 0.46. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality in the same time period over historical financial statements of The Allstate, assuming nothing else is changed. The correlation between historical values of Allstate's Interest Coverage and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of The Allstate are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Allstate's Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Allstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allstate 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 The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Allstate's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 65.67 this year, although the value of Selling General Administrative will most likely fall to about 8.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	43.3B	44.0B	50.0B	33.9B
Total Revenue	50.6B	51.4B	57.1B	37.0B

Gross Profit Total Revenue

Allstate fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Stockholder Equity	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Total Liab	Other Current Liab	Total Current Liabilities	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Other Liab	Accounts Payable
Total Assets		0.75	0.47	0.49	0.54	-0.04	-0.38	-0.4	0.57	0.58	0.01	0.58	0.16	0.23	0.47	-0.19	0.32	0.34	0.77	0.4	0.56	0.34	-0.15	-0.04	-0.06	0.02
Total Stockholder Equity	0.75		0.59	0.76	0.52	0.13	-0.64	-0.57	0.67	0.73	-0.17	0.05	-0.31	-0.18	0.21	-0.24	0.64	0.68	0.63	0.68	0.64	0.25	0.24	-0.06	-0.15	0.35
Property Plant And Equipment Net	0.47	0.59		0.26	0.28	0.22	-0.23	-0.21	0.14	0.18	-0.23	0.27	-0.19	-0.06	-0.31	-0.17	0.33	0.5	0.2	0.38	0.34	0.13	-0.25	0.2	0.18	0.22
Retained Earnings	0.49	0.76	0.26		0.38	-0.06	-0.98	-0.86	0.94	0.96	0.22	0.08	-0.47	-0.48	0.41	0.25	0.52	0.81	0.77	0.55	0.84	-0.04	0.31	0.03	-0.42	0.01
Non Current Assets Total	0.54	0.52	0.28	0.38		0.68	-0.32	-0.17	0.29	0.36	-0.37	0.28	0.14	0.32	0.08	-0.54	0.27	0.12	0.45	0.23	0.34	-0.25	-0.02	0.15	-0.15	0.37
Non Currrent Assets Other	-0.04	0.13	0.22	-0.06	0.68		0.12	0.36	-0.21	-0.16	-0.78	-0.12	0.17	0.3	-0.31	-0.53	0.35	-0.02	-0.27	0.08	-0.31	-0.24	0.08	0.16	0.16	0.73
Common Stock Shares Outstanding	-0.38	-0.64	-0.23	-0.98	-0.32	0.12		0.9	-0.92	-0.93	-0.34	-0.1	0.5	0.52	-0.36	-0.35	-0.4	-0.79	-0.75	-0.46	-0.87	0.15	-0.25	-0.1	0.45	0.12
Other Stockholder Equity	-0.4	-0.57	-0.21	-0.86	-0.17	0.36	0.9		-0.85	-0.86	-0.63	-0.1	0.51	0.55	-0.34	-0.4	-0.21	-0.64	-0.77	-0.46	-0.87	0.28	-0.26	-0.04	0.58	0.37
Short Long Term Debt Total	0.57	0.67	0.14	0.94	0.29	-0.21	-0.92	-0.85		0.99	0.36	0.19	-0.35	-0.43	0.57	0.4	0.48	0.73	0.81	0.53	0.8	0.01	0.26	0.05	-0.4	-0.15
Net Debt	0.58	0.73	0.18	0.96	0.36	-0.16	-0.93	-0.86	0.99		0.32	0.14	-0.39	-0.42	0.5	0.31	0.51	0.72	0.81	0.58	0.82	-0.02	0.27	0.07	-0.38	-0.1
Non Current Liabilities Total	0.01	-0.17	-0.23	0.22	-0.37	-0.78	-0.34	-0.63	0.36	0.32		0.16	-0.25	-0.42	0.25	0.66	-0.36	-0.01	0.4	0.0	0.45	-0.36	-0.11	0.0	-0.5	-0.92
Total Liab	0.58	0.05	0.27	0.08	0.28	-0.12	-0.1	-0.1	0.19	0.14	0.16		0.44	0.44	0.46	0.06	-0.31	0.04	0.56	-0.33	0.38	0.21	-0.5	0.11	-0.01	-0.31
Other Current Liab	0.16	-0.31	-0.19	-0.47	0.14	0.17	0.5	0.51	-0.35	-0.39	-0.25	0.44		0.94	0.35	-0.3	-0.33	-0.36	-0.03	-0.48	-0.39	0.31	-0.27	0.07	0.19	0.07
Total Current Liabilities	0.23	-0.18	-0.06	-0.48	0.32	0.3	0.52	0.55	-0.43	-0.42	-0.42	0.44	0.94		0.21	-0.58	-0.35	-0.38	-0.02	-0.49	-0.33	0.33	-0.25	0.07	0.28	0.25
Cash	0.47	0.21	-0.31	0.41	0.08	-0.31	-0.36	-0.34	0.57	0.5	0.25	0.46	0.35	0.21		0.2	-0.04	0.28	0.64	-0.14	0.36	0.37	0.28	-0.19	-0.32	-0.13
Other Assets	-0.19	-0.24	-0.17	0.25	-0.54	-0.53	-0.35	-0.4	0.4	0.31	0.66	0.06	-0.3	-0.58	0.2		0.03	0.27	0.1	0.08	0.19	-0.15	-0.12	0.03	-0.15	-0.64
Cash And Short Term Investments	0.32	0.64	0.33	0.52	0.27	0.35	-0.4	-0.21	0.48	0.51	-0.36	-0.31	-0.33	-0.35	-0.04	0.03		0.53	0.1	0.87	0.09	0.14	0.19	0.15	-0.02	0.46
Net Receivables	0.34	0.68	0.5	0.81	0.12	-0.02	-0.79	-0.64	0.73	0.72	-0.01	0.04	-0.36	-0.38	0.28	0.27	0.53		0.5	0.44	0.61	0.23	0.33	0.08	-0.1	0.23
Common Stock Total Equity	0.77	0.63	0.2	0.77	0.45	-0.27	-0.75	-0.77	0.81	0.81	0.4	0.56	-0.03	-0.02	0.64	0.1	0.1	0.5		0.24	0.89	0.08	0.03	0.05	-0.45	-0.27
Short Term Investments	0.4	0.68	0.38	0.55	0.23	0.08	-0.46	-0.46	0.53	0.58	0.0	-0.33	-0.48	-0.49	-0.14	0.08	0.87	0.44	0.24		0.28	-0.08	0.13	0.19	-0.2	0.14
Property Plant And Equipment Gross	0.56	0.64	0.34	0.84	0.34	-0.31	-0.87	-0.87	0.8	0.82	0.45	0.38	-0.39	-0.33	0.36	0.19	0.09	0.61	0.89	0.28		-0.05	0.06	0.11	-0.37	-0.28
Total Current Assets	0.34	0.25	0.13	-0.04	-0.25	-0.24	0.15	0.28	0.01	-0.02	-0.36	0.21	0.31	0.33	0.37	-0.15	0.14	0.23	0.08	-0.08	-0.05		0.0	-0.19	0.47	0.33
Common Stock	-0.15	0.24	-0.25	0.31	-0.02	0.08	-0.25	-0.26	0.26	0.27	-0.11	-0.5	-0.27	-0.25	0.28	-0.12	0.19	0.33	0.03	0.13	0.06	0.0		-0.1	-0.24	0.46
Short Term Debt	-0.04	-0.06	0.2	0.03	0.15	0.16	-0.1	-0.04	0.05	0.07	0.0	0.11	0.07	0.07	-0.19	0.03	0.15	0.08	0.05	0.19	0.11	-0.19	-0.1		-0.02	-0.02
Other Liab	-0.06	-0.15	0.18	-0.42	-0.15	0.16	0.45	0.58	-0.4	-0.38	-0.5	-0.01	0.19	0.28	-0.32	-0.15	-0.02	-0.1	-0.45	-0.2	-0.37	0.47	-0.24	-0.02		0.34
Accounts Payable	0.02	0.35	0.22	0.01	0.37	0.73	0.12	0.37	-0.15	-0.1	-0.92	-0.31	0.07	0.25	-0.13	-0.64	0.46	0.23	-0.27	0.14	-0.28	0.33	0.46	-0.02	0.34

Click cells to compare fundamentals

Allstate Account Relationship Matchups

Allstate fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	120.0B	126.0B	99.4B	98.0B	103.4B	122.9B
Total Stockholder Equity	26.0B	30.2B	25.2B	17.5B	17.8B	20.5B
Property Plant And Equipment Net	1.1B	1.1B	939M	987M	859M	1.1B
Retained Earnings	48.1B	52.8B	53.3B	51.0B	49.7B	32.4B
Non Current Assets Total	83.2B	90.1B	65.7B	4.9B	70.1B	44.3B
Non Currrent Assets Other	(1.2B)	(1.4B)	(833M)	(59.3B)	(70.1B)	(73.6B)
Common Stock Shares Outstanding	333.5M	315.5M	299.1M	271.2M	262.5M	471.6M
Liabilities And Stockholders Equity	120.0B	126.0B	99.4B	98.0B	103.4B	122.9B
Other Stockholder Equity	(26.3B)	(27.8B)	(30.7B)	(33.1B)	(33.3B)	(31.6B)
Accumulated Other Comprehensive Income	2.0B	3.3B	655M	(2.4B)	(700M)	(665M)
Short Long Term Debt Total	6.9B	7.8B	8.0B	8.7B	7.9B	5.5B
Net Debt	6.3B	7.4B	7.2B	7.2B	7.2B	5.0B
Non Current Liabilities Total	7.8B	9.2B	8.8B	80.2B	85.7B	90.0B
Total Liab	94.0B	9.2B	8.8B	80.6B	85.7B	92.8B
Other Current Liab	(6.9B)	29.2B	33.5B	38.6B	41.7B	65.5B
Total Current Liabilities	6.9B	29.2B	33.5B	386M	42.0B	66.0B
Cash	338M	377M	763M	736M	722M	520.1M
Other Assets	16.4B	12.0B	10.6B	81.5B	32.5B	18.7B
Cash And Short Term Investments	4.6B	8.2B	4.8B	4.9B	722M	685.9M
Net Receivables	15.7B	15.7B	18.4B	18.8B	10.0B	9.6B
Short Term Investments	4.3B	7.8B	4.0B	4.2B	1.9B	3.4B
Property Plant And Equipment Gross	1.1B	1.0B	1.1B	1.1B	1.2B	1.1B
Total Current Assets	20.3B	23.9B	23.2B	11.6B	722M	685.9M
Other Liab	57.6B	43.4B	12.3B	11.2B	10.1B	9.5B
Accounts Payable	6.9B	8.7B	34.2B	(39.3B)	(45.2B)	(42.9B)
Long Term Debt	6.6B	7.8B	8.0B	8.0B	7.9B	6.4B
Good Will	2.5B	2.5B	2.5B	3.5B	4.0B	4.2B
Other Current Assets	14.9B	14.0B	14.6B	(12.1B)	16.4B	15.6B
Treasury Stock	(28.1B)	(29.7B)	(31.3B)	(34.5B)	(31.0B)	(29.5B)
Intangible Assets	481M	453M	1.4B	1.2B	966M	1.5B
Property Plant Equipment	1.1B	1.1B	939M	987M	1.1B	1.1B
Retained Earnings Total Equity	48.1B	52.8B	53.3B	51.0B	58.6B	40.3B
Deferred Long Term Liab	425M	1.2B	1.4B	833M	958.0M	548.0M
Net Tangible Assets	21.2B	25.7B	19.7B	12.0B	10.8B	15.0B

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When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:

How To Invest In Allstate

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Is Allstate Stock a good investment?

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What is Allstate's Net Worth?

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Largest Property & Casualty Insurance Companies

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Largest Insurance - Property & Casualty Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Property & Casualty Insurance 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 Allstate. If investors know Allstate 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 Allstate 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

(0.68)

Dividend Share

3.65

Earnings Share

15.47

Revenue Per Share

236.821

Quarterly Revenue Growth

0.147

The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's 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 Allstate's market value can be influenced by many factors that don't directly affect Allstate's 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 Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's 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.

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Allstate Interest Coverage vs Income Quality Analysis

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

Correlation Coefficient

Interest Coverage

Income Quality

Allstate fundamental ratios Correlations

Allstate Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allstate fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Net Debt	+ 0.96	Retained Earnings
Short Long Term Debt Total	+ 0.94	Retained Earnings
Total Current Liabilities	+ 0.94	Other Current Liab
Other Stockholder Equity	+ 0.9	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 0.89	Common Stock Total Equity

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Net Debt	- 0.93	Common Stock Shares Outstanding
Accounts Payable	- 0.92	Non Current Liabilities Total
Short Long Term Debt Total	- 0.92	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.87	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.87	Common Stock Shares Outstanding