ALLSTATE Financial Statements From 2010 to 2024
ALS Stock | EUR 151.25 2.27 1.52% |
Check ALLSTATE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ALLSTATE main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ALLSTATE financial statements analysis is a perfect complement when working with ALLSTATE Valuation or Volatility modules.
ALLSTATE |
ALLSTATE Company Total Debt Analysis
ALLSTATE's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current ALLSTATE Total Debt | 7.96 B |
Most of ALLSTATE's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ALLSTATE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition |
Based on the latest financial disclosure, ALLSTATE has a Total Debt of 7.96 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The total debt for all Germany stocks is notably lower than that of the firm.
ALLSTATE Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALLSTATE's current stock value. Our valuation model uses many indicators to compare ALLSTATE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALLSTATE competition to find correlations between indicators driving ALLSTATE's intrinsic value. More Info.ALLSTATE is the top company in current valuation category among related companies. It is number one stock in price to book category among related companies . The ratio of Current Valuation to Price To Book for ALLSTATE is about 20,468,884,056 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ALLSTATE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ALLSTATE's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ALLSTATE's earnings, one of the primary drivers of an investment's value.About ALLSTATE Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ALLSTATE income statement, its balance sheet, and the statement of cash flows. ALLSTATE investors use historical funamental indicators, such as ALLSTATE's revenue or net income, to determine how well the company is positioned to perform in the future. Although ALLSTATE investors may use each financial statement separately, they are all related. The changes in ALLSTATE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ALLSTATE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ALLSTATE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ALLSTATE. Please read more on our technical analysis and fundamental analysis pages.
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 against ALLSTATE Stock
0.57 | E908 | Lyxor 1 | PairCorr |
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 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.Check out the analysis of ALLSTATE Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 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.
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