Allstate Current Deferred Revenue vs Property Plant Equipment Analysis
ALL Stock | USD 169.51 0.43 0.25% |
Allstate financial indicator trend analysis is way more than just evaluating Allstate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allstate is a good investment. Please check the relationship between Allstate Current Deferred Revenue and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Current Deferred Revenue vs Property Plant Equipment
Current Deferred Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Allstate's Current Deferred Revenue and Property Plant Equipment is -0.12. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of The Allstate, assuming nothing else is changed. The correlation between historical values of Allstate's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of The Allstate are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Allstate's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Property Plant Equipment
Most indicators from Allstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allstate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. The value of Selling General Administrative is expected to slide to about 8.6 M. Tax Provision is expected to rise to about (565.2 M) this year
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.3B | 44.0B | 50.0B | 33.9B | Total Revenue | 50.6B | 51.4B | 57.1B | 37.0B |
Allstate fundamental ratios Correlations
Click cells to compare fundamentals
Allstate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allstate fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 120.0B | 126.0B | 99.4B | 98.0B | 103.4B | 122.9B | |
Total Stockholder Equity | 26.0B | 30.2B | 25.2B | 17.5B | 17.8B | 20.5B | |
Property Plant And Equipment Net | 1.1B | 1.1B | 939M | 987M | 859M | 1.1B | |
Retained Earnings | 48.1B | 52.8B | 53.3B | 51.0B | 49.7B | 32.4B | |
Non Current Assets Total | 83.2B | 90.1B | 65.7B | 4.9B | 4.6B | 4.4B | |
Non Currrent Assets Other | (1.2B) | (1.4B) | (833M) | (59.3B) | (65.8B) | (69.1B) | |
Common Stock Shares Outstanding | 333.5M | 315.5M | 299.1M | 271.2M | 262.5M | 471.6M | |
Liabilities And Stockholders Equity | 120.0B | 126.0B | 99.4B | 98.0B | 103.4B | 122.9B | |
Other Stockholder Equity | (26.3B) | (27.8B) | (36.4B) | (33.1B) | (33.3B) | (31.6B) | |
Accumulated Other Comprehensive Income | 2.0B | 3.3B | 655M | (2.4B) | (700M) | (665M) | |
Short Long Term Debt Total | 6.6B | 7.8B | 8.0B | 8.0B | 7.9B | 5.5B | |
Net Debt | 6.3B | 7.4B | 7.2B | 7.2B | 7.2B | 5.0B | |
Non Current Liabilities Total | 7.8B | 9.2B | 8.8B | 80.2B | 7.9B | 8.2B | |
Total Liab | 94.0B | 9.2B | 8.8B | 80.6B | 7.9B | 7.5B | |
Other Current Liab | (6.9B) | 29.2B | 33.5B | 38.6B | 41.7B | 65.5B | |
Total Current Liabilities | 6.9B | 29.2B | 33.5B | 386M | 42.0B | 66.0B | |
Cash | 338M | 377M | 763M | 736M | 722M | 520.1M | |
Other Assets | 16.4B | 12.0B | 10.6B | 81.5B | 88.0B | 92.4B | |
Cash And Short Term Investments | 4.6B | 8.2B | 4.8B | 4.9B | 5.9B | 3.6B | |
Net Receivables | 15.7B | 15.7B | 18.4B | 18.8B | 18.9B | 10.0B | |
Short Term Investments | 4.3B | 7.8B | 4.0B | 4.2B | 5.1B | 3.5B | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 1.1B | 1.1B | 1.2B | 1.1B | |
Total Current Assets | 20.3B | 23.9B | 23.2B | 11.6B | 10.8B | 10.2B | |
Other Liab | 57.6B | 43.4B | 12.3B | 11.2B | 10.1B | 9.5B | |
Accounts Payable | 6.9B | 8.7B | 34.2B | (39.3B) | (45.2B) | (42.9B) | |
Long Term Debt | 6.6B | 7.8B | 8.0B | 8.0B | 7.9B | 6.4B | |
Good Will | 2.5B | 2.5B | 2.5B | 3.5B | 4.0B | 4.2B | |
Other Current Assets | 14.9B | 14.0B | 14.6B | (12.1B) | 16.4B | 15.6B | |
Treasury Stock | (28.1B) | (29.7B) | (31.3B) | (34.5B) | (31.0B) | (29.5B) | |
Intangible Assets | 481M | 453M | 1.4B | 1.2B | 966M | 1.5B | |
Property Plant Equipment | 1.1B | 1.1B | 939M | 987M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 48.1B | 52.8B | 53.3B | 51.0B | 58.6B | 40.3B | |
Deferred Long Term Liab | 425M | 1.2B | 1.4B | 833M | 958.0M | 548.0M | |
Net Tangible Assets | 21.2B | 25.7B | 19.7B | 12.0B | 10.8B | 15.0B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Allstate using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Allstate Stock analysis
When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Allstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 3.59 | Earnings Share 4.57 | Revenue Per Share 223.112 | Quarterly Revenue Growth 0.107 |
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.