Alleghany Total Liabilities vs Shareholders Equity Analysis

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Y -- USA Stock  

Earning Report: February 19, 2020  

Alleghany financial indicator trend analysis is way more than just evaluating Alleghany prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alleghany is a good investment. Please check the relationship between Alleghany Total Liabilities and its Shareholders Equity accounts. See also Your Current Watchlist.

Total Liabilities vs Shareholders Equity

Accounts Relationship

Total Liabilities vs Shareholders Equity

Significance: Almost Identical Trend

Total Liabilities diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alleghany Total Liabilities account and Shareholders Equity

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liabilities

Deferred Income Tax is recorded on Alleghany Corporation balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Alleghany books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables];[Deposits]; and [TaxLiabilities].

Shareholders Equity

A principal component of the balance sheet; in addition to [Liabilities] and [Assets]; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.