Allstate Balance Sheet Health
Financial Health criteria checks 3/6
Allstate has a total shareholder equity of $14.4B and total debt of $7.9B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $101.2B and $86.7B respectively.
Key information
55.0%
Debt to equity ratio
US$7.95b
Debt
Interest coverage ratio | n/a |
Cash | US$4.23b |
Equity | US$14.45b |
Total liabilities | US$86.73b |
Total assets | US$101.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALS's short term assets ($24.1B) do not cover its short term liabilities ($66.7B).
Long Term Liabilities: ALS's short term assets ($24.1B) exceed its long term liabilities ($20.1B).
Debt to Equity History and Analysis
Debt Level: ALS's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: ALS's debt to equity ratio has increased from 27.3% to 55% over the past 5 years.
Debt Coverage: ALS's debt is well covered by operating cash flow (50%).
Interest Coverage: Insufficient data to determine if ALS's interest payments on its debt are well covered by EBIT.