Ally Selling General Administrative vs Operating Income Analysis

0HD0 Stock   39.19  0.17  0.44%   
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 Selling General Administrative and its Operating Income 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.

Selling General Administrative vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ally Financial's Selling General Administrative and Operating Income is -0.43. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income 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 Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Ally Financial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., Ally Financial's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from Ally Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ally Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.Selling General Administrative is likely to drop to about 2.1 B in 2024. Tax Provision is likely to drop to about 486 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit8.7B7.9B15.8B8.1B
Total Revenue10.7B12.3B7.1B9.8B

Ally Financial fundamental ratios Correlations

0.580.11-0.68-0.770.760.24-0.03-0.07-0.440.24-0.85-0.12-0.70.960.260.240.25-0.750.640.630.5-0.660.09-0.690.73
0.58-0.54-0.63-0.120.86-0.170.610.59-0.7-0.17-0.650.37-0.860.560.0-0.460.79-0.70.850.860.55-0.63-0.16-0.730.77
0.11-0.540.3-0.61-0.380.15-0.89-0.890.420.150.12-0.860.490.01-0.050.91-0.840.17-0.39-0.33-0.090.430.010.38-0.36
-0.68-0.630.30.24-0.52-0.07-0.31-0.30.19-0.070.46-0.20.53-0.66-0.320.17-0.410.52-0.54-0.32-0.10.410.040.59-0.49
-0.77-0.12-0.610.24-0.36-0.450.550.60.23-0.450.630.570.25-0.66-0.32-0.690.230.51-0.22-0.34-0.40.24-0.280.29-0.34
0.760.86-0.38-0.52-0.360.050.530.49-0.770.05-0.90.4-0.990.80.12-0.340.75-0.880.910.910.73-0.830.02-0.910.95
0.24-0.170.15-0.07-0.450.05-0.15-0.19-0.271.0-0.210.0-0.050.210.930.14-0.03-0.29-0.04-0.040.210.020.96-0.250.22
-0.030.61-0.89-0.310.550.53-0.151.0-0.45-0.15-0.230.93-0.630.10.05-0.970.85-0.410.620.420.33-0.45-0.04-0.610.56
-0.070.59-0.89-0.30.60.49-0.191.0-0.41-0.19-0.180.93-0.590.060.01-0.980.83-0.360.590.380.28-0.43-0.08-0.570.52
-0.44-0.70.420.190.23-0.77-0.27-0.45-0.41-0.270.68-0.370.76-0.47-0.210.37-0.740.63-0.56-0.88-0.530.54-0.370.62-0.77
0.24-0.170.15-0.07-0.450.051.0-0.15-0.19-0.27-0.210.0-0.050.210.930.14-0.03-0.29-0.04-0.040.210.020.96-0.250.22
-0.85-0.650.120.460.63-0.9-0.21-0.23-0.180.68-0.21-0.170.87-0.88-0.190.04-0.490.89-0.76-0.81-0.680.77-0.150.82-0.88
-0.120.37-0.86-0.20.570.40.00.930.93-0.370.0-0.17-0.520.060.16-0.940.79-0.290.440.250.22-0.430.11-0.550.46
-0.7-0.860.490.530.25-0.99-0.05-0.63-0.590.76-0.050.87-0.52-0.76-0.140.46-0.80.88-0.93-0.88-0.730.83-0.030.93-0.96
0.960.560.01-0.66-0.660.80.210.10.06-0.470.21-0.880.06-0.760.220.110.33-0.770.680.650.51-0.710.07-0.760.79
0.260.0-0.05-0.32-0.320.120.930.050.01-0.210.93-0.190.16-0.140.22-0.050.13-0.360.1-0.050.21-0.050.88-0.360.26
0.24-0.460.910.17-0.69-0.340.14-0.97-0.980.370.140.04-0.940.460.11-0.05-0.790.23-0.44-0.26-0.180.3-0.010.44-0.38
0.250.79-0.84-0.410.230.75-0.030.850.83-0.74-0.03-0.490.79-0.80.330.13-0.79-0.530.670.710.42-0.650.06-0.70.68
-0.75-0.70.170.520.51-0.88-0.29-0.41-0.360.63-0.290.89-0.290.88-0.77-0.360.23-0.53-0.9-0.73-0.820.65-0.220.93-0.93
0.640.85-0.39-0.54-0.220.91-0.040.620.59-0.56-0.04-0.760.44-0.930.680.1-0.440.67-0.90.770.81-0.7-0.1-0.920.89
0.630.86-0.33-0.32-0.340.91-0.040.420.38-0.88-0.04-0.810.25-0.880.65-0.05-0.260.71-0.730.770.68-0.69-0.02-0.710.83
0.50.55-0.09-0.1-0.40.730.210.330.28-0.530.21-0.680.22-0.730.510.21-0.180.42-0.820.810.68-0.520.13-0.750.73
-0.66-0.630.430.410.24-0.830.02-0.45-0.430.540.020.77-0.430.83-0.71-0.050.3-0.650.65-0.7-0.69-0.520.040.72-0.77
0.09-0.160.010.04-0.280.020.96-0.04-0.08-0.370.96-0.150.11-0.030.070.88-0.010.06-0.22-0.1-0.020.130.04-0.180.21
-0.69-0.730.380.590.29-0.91-0.25-0.61-0.570.62-0.250.82-0.550.93-0.76-0.360.44-0.70.93-0.92-0.71-0.750.72-0.18-0.94
0.730.77-0.36-0.49-0.340.950.220.560.52-0.770.22-0.880.46-0.960.790.26-0.380.68-0.930.890.830.73-0.770.21-0.94
Click cells to compare fundamentals

Ally Financial Account Relationship Matchups

Ally Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets180.6B182.2B184.0B191.8B196.4B191.5B
Total Current Liabilities16.4B8.8B39.5B34.5B46.8B49.1B
Total Stockholder Equity14.4B14.7B17.1B12.9B13.8B11.7B
Property Plant And Equipment Net9.7B10.5B12.2B11.8B10.5B10.2B
Net Debt36.2B8.7B12.1B14.7B10.6B10.1B
Retained Earnings(4.1B)(4.3B)(1.6B)(384M)154M161.7M
Cash3.6B15.6B5.1B5.6B6.9B6.9B
Non Current Assets Total175.1B164.3B177.7B184.7B189.4B168.5B
Non Currrent Assets Other159.8B136.1B153.6B161.4B166.0B145.9B
Other Assets166.9B92.0B95.5B116.5B3.6B3.4B
Cash And Short Term Investments3.6B15.6B5.1B5.6B6.9B6.9B
Common Stock Shares Outstanding395.4M377.1M365.2M318.6M305.1M328.3M
Non Current Liabilities Total149.8B158.6B127.5B144.4B129.5B143.8B
Other Stockholder Equity(3.1B)(3.2B)(5.2B)(6.8B)(6.9B)(6.5B)
Total Liab166.2B167.5B167.0B179.0B182.6B174.0B
Total Current Assets5.5B17.9B6.4B7.2B6.9B8.3B
Intangible Assets69M50M129M98M73M69.4M
Common Stock21.4B21.5B21.7B21.8B22.0B23.4B
Short Long Term Debt Total39.8B24.3B17.2B20.3B17.6B33.9B
Liabilities And Stockholders Equity180.6B182.2B184.0B191.8B196.4B189.2B
Accumulated Other Comprehensive Income123M631M(158M)(4.1B)(3.8B)(3.6B)
Other Current Liab1.1B856M32.8B27.1B46.1B48.4B
Current Deferred Revenue36M104M176M169M103M96.7M
Accounts Payable535M602M584M435M509M457.6M
Other Current Assets5.5B17.9B6.4B7.2B10.5B9.6B
Short Term Debt13.9B6.5B5.2B6.0B7.7B10.6B
Other Liab4.2B4.7B4.9B5.1B5.8B4.8B
Net Tangible Assets14.0B14.3B13.8B9.6B8.7B10.4B
Long Term Debt35.2B24.8B16.9B17.0B15.3B22.1B
Net Receivables333M2.7B727M950M1.1B1.0B
Deferred Long Term Liab1.8B1.9B2.0B1.9B2.2B1.9B
Property Plant Equipment9.7B10.5B12.2B11.8B13.6B11.4B
Earning Assets37.1B40.4B52.3B43.7B50.2B45.1B

Also Currently Popular

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.

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.