Ally Total Assets vs Long Term Debt Total Analysis
ALLY Stock | USD 39.44 0.68 1.69% |
Ally Financial financial indicator trend analysis is way more than just evaluating Ally Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ally Financial is a good investment. Please check the relationship between Ally Financial Total Assets and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. 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. For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.
Total Assets vs Long Term Debt Total
Total Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ally Financial's Total Assets and Long Term Debt Total is -0.55. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Ally Financial, assuming nothing else is changed. The correlation between historical values of Ally Financial's Total Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ally Financial are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Ally Financial's Total Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Ally Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ally Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt Total
Most indicators from Ally Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ally Financial 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 Ally Financial. 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. For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.At this time, Ally Financial's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.45 in 2024, despite the fact that Discontinued Operations is likely to grow to (855 K).
2021 | 2023 | 2024 (projected) | Interest Expense | 1.9B | 6.9B | 5.2B | Depreciation And Amortization | 570M | 1.2B | 1.2B |
Ally Financial fundamental ratios Correlations
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Ally Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ally Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 395.4M | 377.1M | 365.2M | 318.6M | 305.1M | 372.3M | |
Total Assets | 180.6B | 182.2B | 182.4B | 191.8B | 196.4B | 160.3B | |
Short Long Term Debt Total | 39.6B | 24.1B | 17.0B | 20.2B | 20.2B | 19.2B | |
Other Current Liab | (3.3B) | (3.4B) | (210M) | (233M) | (620M) | (589M) | |
Total Current Liabilities | 6.2B | 2.5B | 210M | 2.7B | 6.8B | 6.4B | |
Total Stockholder Equity | 14.4B | 14.7B | 17.1B | 12.9B | 13.8B | 13.2B | |
Property Plant And Equipment Net | 8.9B | 9.6B | 10.9B | 10.4B | 10.5B | 15.0B | |
Net Debt | 36.0B | 8.5B | 12.0B | 14.6B | 13.3B | 12.6B | |
Retained Earnings | (4.1B) | (4.3B) | (1.6B) | (384M) | 154M | 146.3M | |
Accounts Payable | 641M | 412M | 210M | 408M | 1.4B | 2.1B | |
Non Current Assets Total | 41.8B | 42.2B | 47.7B | 43.2B | 39.9B | 38.7B | |
Non Currrent Assets Other | (58M) | (94M) | (2.2B) | (554M) | (1.2B) | (1.3B) | |
Common Stock Total Equity | 21.4B | 21.5B | 21.7B | 21.8B | 25.1B | 16.6B | |
Liabilities And Stockholders Equity | 180.6B | 182.2B | 182.4B | 191.8B | 196.4B | 160.3B | |
Non Current Liabilities Total | 37.4B | 25.5B | 17.2B | 2.7B | 147.9B | 81.2B | |
Other Current Assets | 5.5B | 17.9B | 6.4B | 7.2B | 10.5B | 10.0B | |
Total Liab | 166.2B | 167.5B | 165.3B | 179.0B | 182.6B | 147.2B | |
Property Plant And Equipment Gross | 9.5B | 10.4B | 10.9B | 10.4B | 13.3B | 14.6B | |
Total Current Assets | 34.5B | 48.0B | 39.2B | 32.2B | 31.4B | 54.0B | |
Accumulated Other Comprehensive Income | 123M | 631M | (158M) | (4.1B) | (3.8B) | (3.6B) | |
Intangible Assets | 69M | 50M | 129M | 98M | 73M | 69.4M | |
Other Liab | 4.2B | 3.4B | 3.5B | 5.1B | 4.6B | 4.3B | |
Cash | 3.6B | 15.6B | 5.1B | 5.6B | 6.9B | 8.5B | |
Other Assets | 104.4B | 92.0B | 95.5B | 116.5B | 125.1B | 115.3B | |
Long Term Debt | 34.0B | 22.0B | 17.0B | 17.8B | 17.6B | 16.7B | |
Short Term Investments | 28.4B | 29.7B | 33.4B | 25.6B | 19.7B | 16.5B | |
Inventory | (5.5B) | (17.9B) | (6.4B) | (7.2B) | (11.7B) | (11.1B) | |
Property Plant Equipment | 8.9B | 9.6B | 10.9B | 10.4B | 9.4B | 14.9B | |
Other Stockholder Equity | (3.1B) | (3.2B) | (5.2B) | (6.8B) | (6.9B) | (6.5B) | |
Current Deferred Revenue | 3.3B | 3.4B | 3.5B | 169M | 3.5B | 2.3B | |
Cash And Short Term Investments | 31.9B | 45.3B | 38.4B | 31.2B | 31.4B | 22.2B | |
Net Receivables | 2.6B | 2.7B | 727M | 950M | 1.1B | 1.7B | |
Short Term Debt | 5.5B | 2.1B | 3.3B | 2.4B | 2.6B | 2.4B | |
Retained Earnings Total Equity | (4.1B) | (4.3B) | (1.6B) | (384M) | (441.6M) | (463.7M) | |
Deferred Long Term Liab | 1.8B | 1.9B | 2.0B | 1.9B | 2.2B | 1.3B | |
Treasury Stock | (3.1B) | (3.2B) | (5.2B) | (6.8B) | (6.2B) | (5.8B) | |
Net Tangible Assets | 14.4B | 14.7B | 14.7B | 10.5B | 9.5B | 11.4B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ally Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ally Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ally Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ally Financial Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. 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. For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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When running Ally Financial's price analysis, check to measure Ally Financial'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 Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ally Financial'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 Ally Financial. If investors know Ally 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 Ally Financial 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 (0.56) | Dividend Share 1.2 | Earnings Share 2.45 | Revenue Per Share 22.683 | Quarterly Revenue Growth (0.10) |
The market value of Ally Financial is measured differently than its book value, which is the value of Ally that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally Financial'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 Ally Financial's market value can be influenced by many factors that don't directly affect Ally Financial'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 Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial'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.