Ally Total Current Liabilities vs Other Current Liab Analysis

0HD0 Stock   36.81  0.46  1.23%   
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 Current Liabilities and its Other Current Liab 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ally Financial's Total Current Liabilities and Other Current Liab is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Current Liabilities and Other Current Liab 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 Current Liabilities of Ally Financial are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Ally Financial's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Ally Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ally Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

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 2025. Tax Provision is likely to drop to about 486 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit7.9B15.8B18.2B19.1B
Total Revenue12.3B7.1B8.2B9.8B

Ally Financial fundamental ratios Correlations

0.68-0.09-0.65-0.670.780.270.190.14-0.620.27-0.880.05-0.720.980.220.090.62-0.770.70.730.52-0.710.25-0.70.81
0.68-0.59-0.65-0.190.89-0.080.640.62-0.78-0.08-0.720.41-0.870.660.02-0.460.81-0.810.850.90.57-0.70.0-0.750.8
-0.09-0.590.34-0.54-0.440.11-0.89-0.90.480.110.22-0.860.53-0.16-0.050.9-0.730.31-0.44-0.42-0.140.48-0.060.43-0.44
-0.65-0.650.340.27-0.56-0.11-0.36-0.350.28-0.110.51-0.240.57-0.65-0.320.2-0.450.57-0.58-0.4-0.160.46-0.030.62-0.55
-0.67-0.19-0.540.27-0.39-0.460.460.520.28-0.460.620.520.29-0.6-0.32-0.660.030.54-0.27-0.37-0.430.28-0.310.33-0.38
0.780.89-0.44-0.56-0.390.10.580.54-0.810.1-0.910.44-0.980.810.13-0.360.76-0.940.920.920.74-0.850.13-0.910.95
0.27-0.080.11-0.11-0.460.1-0.1-0.14-0.31.0-0.250.03-0.090.250.930.120.08-0.310.010.040.23-0.030.95-0.270.27
0.190.64-0.89-0.360.460.58-0.11.0-0.53-0.1-0.350.93-0.680.280.06-0.960.78-0.480.670.490.37-0.520.05-0.650.63
0.140.62-0.9-0.350.520.54-0.141.0-0.48-0.14-0.290.93-0.640.230.02-0.970.75-0.430.630.450.32-0.490.01-0.610.58
-0.62-0.780.480.280.28-0.81-0.3-0.53-0.48-0.30.76-0.410.78-0.63-0.20.39-0.80.78-0.64-0.92-0.570.62-0.440.67-0.79
0.27-0.080.11-0.11-0.460.11.0-0.1-0.14-0.3-0.250.03-0.090.250.930.120.08-0.310.010.040.23-0.030.95-0.270.27
-0.88-0.720.220.510.62-0.91-0.25-0.35-0.290.76-0.25-0.240.88-0.91-0.180.1-0.650.92-0.8-0.84-0.690.81-0.270.83-0.91
0.050.41-0.86-0.240.520.440.030.930.93-0.410.03-0.24-0.540.170.17-0.940.67-0.360.480.310.25-0.460.16-0.570.52
-0.72-0.870.530.570.29-0.98-0.09-0.68-0.640.78-0.090.88-0.54-0.77-0.140.47-0.750.93-0.95-0.87-0.760.85-0.120.94-0.95
0.980.66-0.16-0.65-0.60.810.250.280.23-0.630.25-0.910.17-0.770.190.00.65-0.780.730.740.53-0.740.24-0.750.85
0.220.02-0.05-0.32-0.320.130.930.060.02-0.20.93-0.180.17-0.140.19-0.060.12-0.340.1-0.020.21-0.060.85-0.360.28
0.09-0.460.90.2-0.66-0.360.12-0.96-0.970.390.120.1-0.940.470.0-0.06-0.630.27-0.45-0.29-0.20.33-0.040.46-0.4
0.620.81-0.73-0.450.030.760.080.780.75-0.80.08-0.650.67-0.750.650.12-0.63-0.670.70.790.45-0.680.24-0.680.81
-0.77-0.810.310.570.54-0.94-0.31-0.48-0.430.78-0.310.92-0.360.93-0.78-0.340.27-0.67-0.89-0.84-0.80.75-0.30.93-0.94
0.70.85-0.44-0.58-0.270.920.010.670.63-0.640.01-0.80.48-0.950.730.1-0.450.7-0.890.790.82-0.740.02-0.920.92
0.730.9-0.42-0.4-0.370.920.040.490.45-0.920.04-0.840.31-0.870.74-0.02-0.290.79-0.840.790.67-0.740.13-0.720.84
0.520.57-0.14-0.16-0.430.740.230.370.32-0.570.23-0.690.25-0.760.530.21-0.20.45-0.80.820.67-0.560.19-0.770.77
-0.71-0.70.480.460.28-0.85-0.03-0.52-0.490.62-0.030.81-0.460.85-0.74-0.060.33-0.680.75-0.74-0.74-0.56-0.070.75-0.83
0.250.0-0.06-0.03-0.310.130.950.050.01-0.440.95-0.270.16-0.120.240.85-0.040.24-0.30.020.130.19-0.07-0.250.31
-0.7-0.750.430.620.33-0.91-0.27-0.65-0.610.67-0.270.83-0.570.94-0.75-0.360.46-0.680.93-0.92-0.72-0.770.75-0.25-0.95
0.810.8-0.44-0.55-0.380.950.270.630.58-0.790.27-0.910.52-0.950.850.28-0.40.81-0.940.920.840.77-0.830.31-0.95
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Ally Financial Account Relationship Matchups

Ally Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets182.2B184.0B191.8B196.4B225.9B191.5B
Total Current Liabilities8.8B39.5B34.5B46.8B53.8B56.5B
Total Stockholder Equity14.7B17.1B12.9B13.8B12.4B11.7B
Property Plant And Equipment Net10.5B12.2B11.8B10.5B9.5B10.2B
Net Debt8.7B12.1B14.7B10.6B9.6B9.1B
Retained Earnings(4.3B)(1.6B)(384M)154M177.1M186.0M
Cash15.6B5.1B5.6B6.9B8.0B6.9B
Non Current Assets Total164.3B177.7B184.7B189.4B217.9B168.5B
Non Currrent Assets Other136.1B153.6B161.4B166.0B191.0B145.9B
Other Assets92.0B95.5B116.5B3.6B3.2B3.1B
Cash And Short Term Investments15.6B5.1B5.6B6.9B8.0B6.9B
Common Stock Shares Outstanding377.1M365.2M318.6M305.1M274.6M328.3M
Non Current Liabilities Total158.6B127.5B144.4B129.5B148.9B143.8B
Other Stockholder Equity(3.2B)(5.2B)(6.8B)(6.9B)(6.2B)(5.9B)
Total Liab167.5B167.0B179.0B182.6B210.0B174.0B
Total Current Assets17.9B6.4B7.2B6.9B8.0B8.3B
Intangible Assets50M129M98M73M65.7M62.4M
Common Stock21.5B21.7B21.8B22.0B25.3B23.4B
Short Long Term Debt Total24.3B17.2B20.3B17.6B15.8B15.0B
Liabilities And Stockholders Equity182.2B184.0B191.8B196.4B225.9B189.2B
Accumulated Other Comprehensive Income631M(158M)(4.1B)(3.8B)(3.4B)(3.3B)
Good Will393M343M822M669M769.4M464.0M
Other Current Liab856M32.8B27.1B46.1B53.1B55.7B
Current Deferred Revenue104M176M169M103M118.5M96.7M
Accounts Payable602M584M435M509M458.1M457.6M
Other Current Assets17.9B6.4B7.2B10.5B12.1B9.6B
Short Term Debt6.5B5.2B6.0B7.7B6.9B10.6B
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 Receivables2.7B727M950M1.1B1.3B1.0B
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

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