Ally Fixed Asset Turnover from 2010 to 2024

ALLY Stock  USD 37.19  1.66  4.67%   
Ally Financial Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.49 in 2024. During the period from 2010 to 2024, Ally Financial Fixed Asset Turnover regression line of annual values had r-squared of  0.33 and arithmetic mean of  0.59. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.86028645
Current Value
0.49
Quarterly Volatility
0.17490404
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ally Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ally Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 5.2 B or Selling General Administrative of 4 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0428 or PTB Ratio of 0.46. Ally financial statements analysis is a perfect complement when working with Ally Financial Valuation or Volatility modules.
  
Check out the analysis of Ally Financial Correlation against competitors.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.

Latest Ally Financial's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Ally Financial over the last few years. It is Ally Financial's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ally Financial's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Ally Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.59
Geometric Mean0.57
Coefficient Of Variation29.55
Mean Deviation0.15
Median0.64
Standard Deviation0.17
Sample Variance0.03
Range0.5313
R-Value0.58
Mean Square Error0.02
R-Squared0.33
Significance0.02
Slope0.02
Total Sum of Squares0.43

Ally Fixed Asset Turnover History

2024 0.49
2023 0.86
2022 0.76
2021 0.8
2020 0.64
2019 0.72
2018 0.7

About Ally Financial Financial Statements

Ally Financial investors use historical fundamental indicators, such as Ally Financial's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ally Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.86  0.49 

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Additional Tools for Ally Stock Analysis

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.