Allstate Balance Sheet Health
Financial Health criteria checks 3/6
Allstate has a total shareholder equity of $17.6B and total debt of $8.0B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are $97.7B and $80.1B respectively. Allstate's EBIT is $364.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $4.8B.
Key information
45.4%
Debt to equity ratio
US$7.97b
Debt
Interest coverage ratio | 1.1x |
Cash | US$4.83b |
Equity | US$17.56b |
Total liabilities | US$80.12b |
Total assets | US$97.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALL.PRB's short term assets ($24.5B) do not cover its short term liabilities ($59.8B).
Long Term Liabilities: ALL.PRB's short term assets ($24.5B) exceed its long term liabilities ($20.3B).
Debt to Equity History and Analysis
Debt Level: ALL.PRB's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: ALL.PRB's debt to equity ratio has increased from 28.7% to 45.4% over the past 5 years.
Debt Coverage: ALL.PRB's debt is well covered by operating cash flow (63%).
Interest Coverage: ALL.PRB's interest payments on its debt are not well covered by EBIT (1.1x coverage).