Allstate Balance Sheet Health
Financial Health criteria checks 4/6
Allstate has a total shareholder equity of $20.8B and total debt of $8.1B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are $113.7B and $92.9B respectively. Allstate's EBIT is $5.6B making its interest coverage ratio 13.9. It has cash and short-term investments of $7.8B.
Key information
38.8%
Debt to equity ratio
US$8.09b
Debt
| Interest coverage ratio | 13.9x |
| Cash | US$7.81b |
| Equity | US$20.84b |
| Total liabilities | US$92.91b |
| Total assets | US$113.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALL.PRJ's short term assets ($31.8B) do not cover its short term liabilities ($73.7B).
Long Term Liabilities: ALL.PRJ's short term assets ($31.8B) exceed its long term liabilities ($19.2B).
Debt to Equity History and Analysis
Debt Level: ALL.PRJ's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: ALL.PRJ's debt to equity ratio has increased from 25.4% to 38.8% over the past 5 years.
Debt Coverage: ALL.PRJ's debt is well covered by operating cash flow (104.4%).
Interest Coverage: ALL.PRJ's interest payments on its debt are well covered by EBIT (13.9x coverage).