Allstate Balance Sheet Health
Financial Health criteria checks 4/6
Allstate has a total shareholder equity of $18.5B and total debt of $7.9B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $105.2B and $86.8B respectively. Allstate's EBIT is $2.1B making its interest coverage ratio 5.3. It has cash and short-term investments of $5.2B.
Key information
43.0%
Debt to equity ratio
US$7.94b
Debt
Interest coverage ratio | 5.3x |
Cash | US$5.17b |
Equity | US$18.48b |
Total liabilities | US$86.76b |
Total assets | US$105.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALLS's short term assets ($25.0B) do not cover its short term liabilities ($66.6B).
Long Term Liabilities: ALLS's short term assets ($25.0B) exceed its long term liabilities ($20.2B).
Debt to Equity History and Analysis
Debt Level: ALLS's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: ALLS's debt to equity ratio has increased from 27.6% to 43% over the past 5 years.
Debt Coverage: ALLS's debt is well covered by operating cash flow (66.7%).
Interest Coverage: ALLS's interest payments on its debt are well covered by EBIT (5.3x coverage).