Allstate Discontinued Operations vs Cost Of Revenue 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 Discontinued Operations and its Cost Of Revenue 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.

Discontinued Operations vs Cost Of Revenue

Discontinued Operations vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Discontinued Operations account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Allstate's Discontinued Operations and Cost Of Revenue is 0.0. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Cost Of Revenue 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 Discontinued Operations and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of The Allstate are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Discontinued Operations i.e., Allstate's Discontinued Operations and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Discontinued Operations

Cost Of Revenue

Cost of Revenue is found on Allstate income statement and represents the costs associated with goods and services Allstate provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit43.3B44.0B50.0B33.9B
Total Revenue50.6B51.4B57.1B37.0B

Allstate fundamental ratios Correlations

0.750.470.490.45-0.03-0.38-0.360.60.58-0.10.440.160.230.47-0.040.390.290.770.350.560.36-0.15-0.04-0.060.02
0.750.590.760.510.12-0.64-0.580.710.73-0.10.13-0.31-0.180.21-0.230.610.580.630.590.640.240.24-0.06-0.150.35
0.470.590.260.40.21-0.23-0.160.140.18-0.050.38-0.19-0.06-0.31-0.220.040.220.20.090.340.1-0.250.20.180.22
0.490.760.260.28-0.06-0.98-0.870.950.960.340.05-0.47-0.480.410.150.720.90.770.660.84-0.040.310.03-0.420.01
0.450.510.40.280.87-0.180.050.210.22-0.350.520.190.33-0.01-0.720.10.030.20.080.08-0.140.030.140.040.66
-0.030.120.21-0.060.870.120.32-0.18-0.15-0.390.330.170.31-0.31-0.78-0.16-0.25-0.26-0.15-0.3-0.350.080.160.140.72
-0.38-0.64-0.23-0.98-0.180.120.89-0.91-0.93-0.40.00.50.52-0.36-0.27-0.68-0.93-0.75-0.63-0.870.13-0.25-0.10.450.12
-0.36-0.58-0.16-0.870.050.320.89-0.85-0.86-0.390.260.520.56-0.36-0.51-0.63-0.8-0.74-0.61-0.840.22-0.4-0.030.590.29
0.60.710.140.950.21-0.18-0.91-0.850.990.370.08-0.32-0.370.580.250.740.830.830.670.820.050.290.05-0.39-0.1
0.580.730.180.960.22-0.15-0.93-0.860.990.370.04-0.39-0.420.50.250.780.830.810.720.820.00.270.07-0.38-0.1
-0.1-0.1-0.050.34-0.35-0.39-0.4-0.390.370.370.09-0.26-0.560.270.50.230.370.120.20.14-0.13-0.040.03-0.29-0.47
0.440.130.380.050.520.330.00.260.080.040.090.450.440.33-0.41-0.310.040.21-0.380.040.35-0.360.110.250.24
0.16-0.31-0.19-0.470.190.170.50.52-0.32-0.39-0.260.450.940.35-0.25-0.53-0.44-0.03-0.57-0.390.3-0.270.070.190.07
0.23-0.18-0.06-0.480.330.310.520.56-0.37-0.42-0.560.440.940.21-0.41-0.54-0.46-0.02-0.57-0.330.33-0.250.070.280.25
0.470.21-0.310.41-0.01-0.31-0.36-0.360.580.50.270.330.350.210.180.10.380.64-0.020.360.40.28-0.19-0.32-0.13
-0.04-0.23-0.220.15-0.72-0.78-0.27-0.510.250.250.5-0.41-0.25-0.410.180.220.230.330.250.4-0.24-0.140.0-0.37-0.93
0.390.610.040.720.1-0.16-0.68-0.630.740.780.23-0.31-0.53-0.540.10.220.520.50.990.55-0.120.130.14-0.36-0.13
0.290.580.220.90.03-0.25-0.93-0.80.830.830.370.04-0.44-0.460.380.230.520.660.460.820.120.280.06-0.23-0.05
0.770.630.20.770.2-0.26-0.75-0.740.830.810.120.21-0.03-0.020.640.330.50.660.440.890.130.030.05-0.45-0.27
0.350.590.090.660.08-0.15-0.63-0.610.670.720.2-0.38-0.57-0.57-0.020.250.990.460.440.52-0.180.090.17-0.34-0.16
0.560.640.340.840.08-0.3-0.87-0.840.820.820.140.04-0.39-0.330.360.40.550.820.890.520.010.060.11-0.37-0.28
0.360.240.1-0.04-0.14-0.350.130.220.050.0-0.130.350.30.330.4-0.24-0.120.120.13-0.180.01-0.01-0.20.430.24
-0.150.24-0.250.310.030.08-0.25-0.40.290.27-0.04-0.36-0.27-0.250.28-0.140.130.280.030.090.06-0.01-0.1-0.240.46
-0.04-0.060.20.030.140.16-0.1-0.030.050.070.030.110.070.07-0.190.00.140.060.050.170.11-0.2-0.1-0.02-0.02
-0.06-0.150.18-0.420.040.140.450.59-0.39-0.38-0.290.250.190.28-0.32-0.37-0.36-0.23-0.45-0.34-0.370.43-0.24-0.020.34
0.020.350.220.010.660.720.120.29-0.1-0.1-0.470.240.070.25-0.13-0.93-0.13-0.05-0.27-0.16-0.280.240.46-0.020.34
Click cells to compare fundamentals

Allstate Account Relationship Matchups

Allstate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.0B126.0B99.4B98.0B103.4B122.9B
Total Stockholder Equity26.0B30.2B25.2B17.5B17.8B20.5B
Property Plant And Equipment Net1.1B1.1B939M987M859M1.1B
Retained Earnings48.1B52.8B53.3B51.0B49.7B32.4B
Non Current Assets Total83.2B90.1B65.7B4.9B4.6B4.4B
Non Currrent Assets Other(1.2B)(1.4B)(833M)(59.3B)(65.8B)(69.1B)
Common Stock Shares Outstanding333.5M315.5M299.1M271.2M262.5M471.6M
Liabilities And Stockholders Equity120.0B126.0B99.4B98.0B103.4B122.9B
Other Stockholder Equity(26.3B)(27.8B)(36.4B)(33.1B)(33.3B)(31.6B)
Accumulated Other Comprehensive Income2.0B3.3B655M(2.4B)(700M)(665M)
Short Long Term Debt Total6.6B7.8B8.0B8.0B7.9B5.5B
Net Debt6.3B7.4B7.2B7.2B7.2B5.0B
Non Current Liabilities Total7.8B9.2B8.8B80.2B7.9B8.2B
Total Liab94.0B9.2B8.8B80.6B7.9B7.5B
Other Current Liab(6.9B)29.2B33.5B38.6B41.7B65.5B
Total Current Liabilities6.9B29.2B33.5B386M42.0B66.0B
Cash338M377M763M736M722M520.1M
Other Assets16.4B12.0B10.6B81.5B88.0B92.4B
Cash And Short Term Investments4.6B8.2B4.8B4.9B5.9B3.6B
Net Receivables15.7B15.7B18.4B18.8B18.9B10.0B
Short Term Investments4.3B7.8B4.0B4.2B5.1B3.5B
Property Plant And Equipment Gross1.1B1.0B1.1B1.1B1.2B1.1B
Total Current Assets20.3B23.9B23.2B11.6B10.8B10.2B
Other Liab57.6B43.4B12.3B11.2B10.1B9.5B
Accounts Payable6.9B8.7B34.2B(39.3B)(45.2B)(42.9B)
Long Term Debt6.6B7.8B8.0B8.0B7.9B6.4B
Good Will2.5B2.5B2.5B3.5B4.0B4.2B
Other Current Assets14.9B14.0B14.6B(12.1B)16.4B15.6B
Treasury Stock(28.1B)(29.7B)(31.3B)(34.5B)(31.0B)(29.5B)
Intangible Assets481M453M1.4B1.2B966M1.5B
Property Plant Equipment1.1B1.1B939M987M1.1B1.1B
Retained Earnings Total Equity48.1B52.8B53.3B51.0B58.6B40.3B
Deferred Long Term Liab425M1.2B1.4B833M958.0M548.0M
Net Tangible Assets21.2B25.7B19.7B12.0B10.8B15.0B

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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:
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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
3.59
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.