Allstate Net Tangible Assets vs Total Stockholder Equity Analysis

ALL Stock

USD 170.07 0.00 0.00%

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 Net Tangible Assets and its Total Stockholder Equity 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.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Allstate's Net Tangible Assets and Total Stockholder Equity is 0.55. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity 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 Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of The Allstate are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Allstate's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

Gross Profit Total Revenue

Allstate fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Stockholder Equity	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Total Liab	Other Current Liab	Total Current Liabilities	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Other Liab	Accounts Payable
Total Assets		0.75	0.47	0.49	0.45	-0.03	-0.38	-0.36	0.6	0.58	-0.1	0.44	0.16	0.23	0.47	-0.04	0.39	0.29	0.77	0.35	0.56	0.36	-0.15	-0.04	-0.06	0.02
Total Stockholder Equity	0.75		0.59	0.76	0.51	0.12	-0.64	-0.58	0.71	0.73	-0.1	0.13	-0.31	-0.18	0.21	-0.23	0.61	0.58	0.63	0.59	0.64	0.24	0.24	-0.06	-0.15	0.35
Property Plant And Equipment Net	0.47	0.59		0.26	0.4	0.21	-0.23	-0.16	0.14	0.18	-0.05	0.38	-0.19	-0.06	-0.31	-0.22	0.04	0.22	0.2	0.09	0.34	0.1	-0.25	0.2	0.18	0.22
Retained Earnings	0.49	0.76	0.26		0.28	-0.06	-0.98	-0.87	0.95	0.96	0.34	0.05	-0.47	-0.48	0.41	0.15	0.72	0.9	0.77	0.66	0.84	-0.04	0.31	0.03	-0.42	0.01
Non Current Assets Total	0.45	0.51	0.4	0.28		0.87	-0.18	0.05	0.21	0.22	-0.35	0.52	0.19	0.33	-0.01	-0.72	0.1	0.03	0.2	0.08	0.08	-0.14	0.03	0.14	0.04	0.66
Non Currrent Assets Other	-0.03	0.12	0.21	-0.06	0.87		0.12	0.32	-0.18	-0.15	-0.39	0.33	0.17	0.31	-0.31	-0.78	-0.16	-0.25	-0.26	-0.15	-0.3	-0.35	0.08	0.16	0.14	0.72
Common Stock Shares Outstanding	-0.38	-0.64	-0.23	-0.98	-0.18	0.12		0.89	-0.91	-0.93	-0.4	0.0	0.5	0.52	-0.36	-0.27	-0.68	-0.93	-0.75	-0.63	-0.87	0.13	-0.25	-0.1	0.45	0.12
Other Stockholder Equity	-0.36	-0.58	-0.16	-0.87	0.05	0.32	0.89		-0.85	-0.86	-0.39	0.26	0.52	0.56	-0.36	-0.51	-0.63	-0.8	-0.74	-0.61	-0.84	0.22	-0.4	-0.03	0.59	0.29
Short Long Term Debt Total	0.6	0.71	0.14	0.95	0.21	-0.18	-0.91	-0.85		0.99	0.37	0.08	-0.32	-0.37	0.58	0.25	0.74	0.83	0.83	0.67	0.82	0.05	0.29	0.05	-0.39	-0.1
Net Debt	0.58	0.73	0.18	0.96	0.22	-0.15	-0.93	-0.86	0.99		0.37	0.04	-0.39	-0.42	0.5	0.25	0.78	0.83	0.81	0.72	0.82	0.0	0.27	0.07	-0.38	-0.1
Non Current Liabilities Total	-0.1	-0.1	-0.05	0.34	-0.35	-0.39	-0.4	-0.39	0.37	0.37		0.09	-0.26	-0.56	0.27	0.5	0.23	0.37	0.12	0.2	0.14	-0.13	-0.04	0.03	-0.29	-0.47
Total Liab	0.44	0.13	0.38	0.05	0.52	0.33	0.0	0.26	0.08	0.04	0.09		0.45	0.44	0.33	-0.41	-0.31	0.04	0.21	-0.38	0.04	0.35	-0.36	0.11	0.25	0.24
Other Current Liab	0.16	-0.31	-0.19	-0.47	0.19	0.17	0.5	0.52	-0.32	-0.39	-0.26	0.45		0.94	0.35	-0.25	-0.53	-0.44	-0.03	-0.57	-0.39	0.3	-0.27	0.07	0.19	0.07
Total Current Liabilities	0.23	-0.18	-0.06	-0.48	0.33	0.31	0.52	0.56	-0.37	-0.42	-0.56	0.44	0.94		0.21	-0.41	-0.54	-0.46	-0.02	-0.57	-0.33	0.33	-0.25	0.07	0.28	0.25
Cash	0.47	0.21	-0.31	0.41	-0.01	-0.31	-0.36	-0.36	0.58	0.5	0.27	0.33	0.35	0.21		0.18	0.1	0.38	0.64	-0.02	0.36	0.4	0.28	-0.19	-0.32	-0.13
Other Assets	-0.04	-0.23	-0.22	0.15	-0.72	-0.78	-0.27	-0.51	0.25	0.25	0.5	-0.41	-0.25	-0.41	0.18		0.22	0.23	0.33	0.25	0.4	-0.24	-0.14	0.0	-0.37	-0.93
Cash And Short Term Investments	0.39	0.61	0.04	0.72	0.1	-0.16	-0.68	-0.63	0.74	0.78	0.23	-0.31	-0.53	-0.54	0.1	0.22		0.52	0.5	0.99	0.55	-0.12	0.13	0.14	-0.36	-0.13
Net Receivables	0.29	0.58	0.22	0.9	0.03	-0.25	-0.93	-0.8	0.83	0.83	0.37	0.04	-0.44	-0.46	0.38	0.23	0.52		0.66	0.46	0.82	0.12	0.28	0.06	-0.23	-0.05
Common Stock Total Equity	0.77	0.63	0.2	0.77	0.2	-0.26	-0.75	-0.74	0.83	0.81	0.12	0.21	-0.03	-0.02	0.64	0.33	0.5	0.66		0.44	0.89	0.13	0.03	0.05	-0.45	-0.27
Short Term Investments	0.35	0.59	0.09	0.66	0.08	-0.15	-0.63	-0.61	0.67	0.72	0.2	-0.38	-0.57	-0.57	-0.02	0.25	0.99	0.46	0.44		0.52	-0.18	0.09	0.17	-0.34	-0.16
Property Plant And Equipment Gross	0.56	0.64	0.34	0.84	0.08	-0.3	-0.87	-0.84	0.82	0.82	0.14	0.04	-0.39	-0.33	0.36	0.4	0.55	0.82	0.89	0.52		0.01	0.06	0.11	-0.37	-0.28
Total Current Assets	0.36	0.24	0.1	-0.04	-0.14	-0.35	0.13	0.22	0.05	0.0	-0.13	0.35	0.3	0.33	0.4	-0.24	-0.12	0.12	0.13	-0.18	0.01		-0.01	-0.2	0.43	0.24
Common Stock	-0.15	0.24	-0.25	0.31	0.03	0.08	-0.25	-0.4	0.29	0.27	-0.04	-0.36	-0.27	-0.25	0.28	-0.14	0.13	0.28	0.03	0.09	0.06	-0.01		-0.1	-0.24	0.46
Short Term Debt	-0.04	-0.06	0.2	0.03	0.14	0.16	-0.1	-0.03	0.05	0.07	0.03	0.11	0.07	0.07	-0.19	0.0	0.14	0.06	0.05	0.17	0.11	-0.2	-0.1		-0.02	-0.02
Other Liab	-0.06	-0.15	0.18	-0.42	0.04	0.14	0.45	0.59	-0.39	-0.38	-0.29	0.25	0.19	0.28	-0.32	-0.37	-0.36	-0.23	-0.45	-0.34	-0.37	0.43	-0.24	-0.02		0.34
Accounts Payable	0.02	0.35	0.22	0.01	0.66	0.72	0.12	0.29	-0.1	-0.1	-0.47	0.24	0.07	0.25	-0.13	-0.93	-0.13	-0.05	-0.27	-0.16	-0.28	0.24	0.46	-0.02	0.34

Click cells to compare fundamentals

Allstate Account Relationship Matchups

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

Pair Trading with Allstate

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allstate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allstate will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allstate Stock

0.63	L	Loews Corp	Pair Corr
0.72	DOMA	Doma Holdings	Pair Corr
0.81	FRFHF	Fairfax Financial Earnings Call This Week	Pair Corr

Moving against Allstate Stock

0.64

FACO

First Acceptance Corp Earnings Call Tomorrow

Pair Corr

The ability to find closely correlated positions to Allstate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allstate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allstate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Allstate to buy it.

The correlation of Allstate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allstate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Allstate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:

How To Invest In Allstate

Details

Is Allstate Stock a good investment?

Details

What is Allstate's Net Worth?

Details

Largest Property & Casualty Insurance Companies

View

Largest Insurance - Property & Casualty Companies

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

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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

3.56

Earnings Share

(1.21)

Revenue Per Share

217.501

Quarterly Revenue Growth

0.087

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.

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Allstate Net Tangible Assets vs Total Stockholder Equity Analysis

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Total Stockholder Equity

Allstate fundamental ratios Correlations

Allstate Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allstate fundamental ratios Accounts

Pair Trading with Allstate

Moving together with Allstate Stock

Moving against Allstate Stock

Complementary Tools for Allstate Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Short Term Investments	+ 0.99	Cash And Short Term Investments
Net Debt	+ 0.96	Retained Earnings
Short Long Term Debt Total	+ 0.95	Retained Earnings
Total Current Liabilities	+ 0.94	Other Current Liab
Net Receivables	+ 0.9	Retained Earnings

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Accounts Payable	- 0.93	Other Assets
Net Receivables	- 0.93	Common Stock Shares Outstanding
Net Debt	- 0.93	Common Stock Shares Outstanding
Short Long Term Debt Total	- 0.91	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.87	Common Stock Shares Outstanding