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
Allstate: 'In Good Hands' With Upward Momentum
Oct 03Allstate: There Is Better Value Elsewhere
Sep 26Getting In Cheap On The Allstate Corporation (NYSE:ALL) Might Be Difficult
Jul 15
Allstate: Shows Steady Growth In Property And Casualty Insurance Market
Jun 10Allstate: Strong Underwriting Margins, But Shares Due For A Breather
Apr 18The Allstate Corporation's (NYSE:ALL) Shareholders Might Be Looking For Exit
Jan 24Allstate: Shares Are Fully Pricing In A Recovery That May Not Come
Dec 02Allstate Gets Hold Rating As Net Losses Pile Up, But Dividends Grow
Sep 25Allstate: ALL Is Not Lost
Jul 25Allstate (NYSE:ALL) Is Increasing Its Dividend To $0.89
Feb 23Allstate reports $307M in January catastrophe losses and implemented auto rates
Feb 16Allstate Q4 2022 Earnings Preview
Jan 31Allstate: Acting Fast In An Inflationary Environment
Dec 13Allstate Non-GAAP EPS of -$1.56 beats by $0.03, revenue of $13.21B misses by $90M
Nov 02Allstate gains on speculation activist Icahn may have a stake
Oct 21Interest Rate Protection From Allstate Baby Bonds With A 16% Potential Return
Sep 28Allstate: A Cheap Valuation And Strong Chart Make It A Buy
Sep 19Allstate estimates July catastrophe losses at $223M, continues raising auto rates
Aug 18Allstate declares $0.85 dividend
Jul 19Favorable Outlook For Allstate
Jul 07Is Allstate Stock A Buy, Sell, Or Hold After Recent Earnings?
May 16Allstate: Buy This Dividend Growth Stock And Sleep Well At Night
Mar 13Allstate (NYSE:ALL) Will Pay A Larger Dividend Than Last Year At US$0.85
Feb 24Financial Position Analysis
Short Term Liabilities: ALL's short term assets ($31.8B) do not cover its short term liabilities ($73.7B).
Long Term Liabilities: ALL's short term assets ($31.8B) exceed its long term liabilities ($19.2B).
Debt to Equity History and Analysis
Debt Level: ALL's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: ALL's debt to equity ratio has increased from 25.4% to 38.8% over the past 5 years.
Debt Coverage: ALL's debt is well covered by operating cash flow (104.4%).
Interest Coverage: ALL's interest payments on its debt are well covered by EBIT (13.9x coverage).