Allstate Non Current Assets Total vs Short Term Investments 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 Non Current Assets Total and its Short Term Investments 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.

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Non Current Assets Total account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between Allstate's Non Current Assets Total and Short Term Investments is 0.08. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Investments 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 Non Current Assets Total and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of The Allstate are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Allstate's Non Current Assets Total and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of Allstate balance sheet. It contains any investments The Allstate undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Allstate can easily liquidate in the marketplace.

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

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

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

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 Insurance - Property & Casualty Companies

View

Largest Financial Services Companies

View

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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.

	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated

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

4.58

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Allstate Non Current Assets Total vs Short Term Investments Analysis

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Short Term Investments

Allstate fundamental ratios Correlations

Allstate Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allstate fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

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