Quick Ratio
Higher than 21% of Financial Services sector peers
Updated 1881h ago
Sector Performance
21th percentileALL
0.20x
Sector Median
0.45x
Sector Avg
3.69x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term obligations using its most liquid assets, excluding inventory.
At 0.20x, Allstate holds only $0.20 in liquid assets for every $1 of current liabilities, a level well below the financial-services sector median of 0.59x and placing the firm in the 18th percentile among peers. Trend data is not available because historical values are limited to a single 0.20x figure, with both year-over-year and quarter-over-quarter changes listed as N/A. The combination of a very low ratio with no observable trend implies elevated short-term liquidity risk, but without movement data the direction of that risk cannot be assessed. This metric contradicts the overall NEUTRAL verdict, as a quick ratio in the bottom fifth of the sector typically signals a higher risk profile that would warrant a more cautious stance.
Frequently Asked Questions
What does the Quick Ratio tell investors about ALL?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does ALL's Quick Ratio compare to its sector?
ALL's Quick Ratio of 0.20x compares to a Financial Services sector median of 0.45x, placing it in the 21th percentile.
Who are ALL's closest peers by Quick Ratio?
The closest Financial Services peers by Quick Ratio include: NAVI (0.45x), PFG (0.44x), RJF (0.37x), PNC (0.35x), COF (0.35x).
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.20x
Sector Median
0.45x
Sector Avg
3.69x
How ALL's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.