GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allstate Corp (NYSE:ALL) » Definitions » Debt-to-EBITDA

ALL (Allstate) Debt-to-EBITDA : 1.22 (As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Allstate Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Allstate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Allstate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8,083 Mil. Allstate's annualized EBITDA for the quarter that ended in Sep. 2024 was $6,648 Mil. Allstate's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.22.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Allstate's Debt-to-EBITDA or its related term are showing as below:

ALL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.29   Med: 1.11   Max: 10.81
Current: 1.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Allstate was 10.81. The lowest was -12.29. And the median was 1.11.

ALL's Debt-to-EBITDA is ranked worse than
63.79% of 301 companies
in the Insurance industry
Industry Median: 1.21 vs ALL: 1.72

Allstate Debt-to-EBITDA Historical Data

The historical data trend for Allstate's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allstate Debt-to-EBITDA Chart

Allstate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.00 1.01 -12.29 10.81

Allstate Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.18 0.95 1.17 3.06 1.22

Competitive Comparison of Allstate's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Allstate's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allstate's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allstate's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Allstate's Debt-to-EBITDA falls into.



Allstate Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Allstate's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 7942) / 735
=10.81

Allstate's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 8083) / 6648
=1.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


Allstate  (NYSE:ALL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Allstate Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Allstate's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Allstate Business Description

Address
3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
Executives
John E Dugenske other: EVP & CIO, Allstate Ins. Co. 2775 SANDERS ROAD, NORTHBROOK IL 60062
Thomas J Wilson officer: President and COO 2775 SANDERS RD, NORTHBROOK IL 60062
Robert Toohey officer: EVP, Chief HR Officer - AIC 2775 SANDERS ROAD, NORTHBROOK IL 60062
Elizabeth Brady other: Executive Vice President - AIC 2775 SANDERS ROAD, NORTHBROOK IL 60062
Suren Gupta other: EVP Allstate Insurance Company 2775 SANDERS ROAD, NORTHBROOK IL 60062
Judith A Sprieser director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
John C Pintozzi officer: SVP, Controller, and CAO 2775 SANDERS ROAD, NORTHBROOK IL 60062
Mario Rizzo officer: EVP & Chief Financial Officer 2775 SANDERS ROAD, NORTHBROOK IL 60062
Mark Q Prindiville other: EVP & Chief Risk Officer - AIC 2775 SANDERS ROAD, NORTHBROOK IL 60062
Zulfikar Jeevanjee other: EVP & CTO - AIC 3100 SANDERS ROAD, NORTHBROOK IL 60062
Jesse E Merten officer: EVP & Chief Risk Officer (AIC) 2775 SANDERS ROAD, NORTHBROOK IL 60062
Monica J Turner director 3100 SANDERS ROAD, NORTHBROOK IL 60062
Christine M. Debiase officer: EVP, CLO, GC & Secretary 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Terrance Williams officer: AIC-President Protec Prod&Svcs 7184 BIDDICK, NEW ALBANY OH 43054
Glenn T Shapiro other: Pres Allstate Personal Lines 2775 SANDERS ROAD, NORTHBROOK IL 60062