Ally Enterprise Value vs Income Tax Expense Analysis

ALLY Stock

USD 36.59 0.64 1.72%

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 Enterprise Value and its Income Tax Expense 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.

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Enterprise Value account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ally Financial's Enterprise Value and Income Tax Expense is -0.23. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Income Tax Expense 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 Enterprise Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Ally Financial are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Enterprise Value i.e., Ally Financial's Enterprise Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Ally Financial theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Ally Financial debt, but would also pocket its cash. Enterprise Value is more accurate representation of Ally Financial value than its market capitalization because it takes into account all of Ally Financial existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Income Tax Expense

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

Interest Expense Depreciation And Amortization

Ally Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Cash	Other Assets	Long Term Debt	Short Term Investments	Inventory
Common Stock Shares Outstanding		-0.14	-0.02	-0.75	-0.63	0.31	-0.46	-0.05	-0.94	-0.34	-0.44	-0.72	0.65	0.05	0.03	-0.19	-0.49	-0.83	-0.68	0.83	-0.25	0.2	0.59	0.37	0.1	0.11
Total Assets	-0.14		-0.55	-0.43	-0.5	0.37	-0.74	-0.58	0.0	0.01	0.26	0.43	0.53	-0.03	0.02	0.99	-0.67	-0.3	-0.29	0.25	0.17	0.36	0.59	-0.53	0.57	-0.43
Short Long Term Debt Total	-0.02	-0.55		0.56	0.67	0.13	0.61	0.99	-0.07	0.32	-0.69	-0.58	-0.58	0.21	0.59	-0.6	0.68	0.24	0.69	-0.29	0.5	-0.17	-0.44	0.89	-0.78	0.89
Other Current Liab	-0.75	-0.43	0.56		0.98	-0.39	0.82	0.6	0.76	0.26	0.02	0.23	-0.94	-0.03	0.26	-0.38	0.83	0.9	0.93	-0.9	0.29	-0.42	-0.89	0.18	-0.56	0.39
Total Current Liabilities	-0.63	-0.5	0.67	0.98		-0.41	0.81	0.71	0.65	0.26	-0.15	0.07	-0.93	0.05	0.37	-0.46	0.83	0.83	0.92	-0.82	0.3	-0.44	-0.85	0.31	-0.69	0.5
Total Stockholder Equity	0.31	0.37	0.13	-0.39	-0.41		-0.32	0.07	-0.47	0.24	-0.25	-0.24	0.31	0.11	0.27	0.22	-0.24	-0.42	-0.1	0.38	0.59	0.48	0.47	0.31	0.19	0.22
Property Plant And Equipment Net	-0.46	-0.74	0.61	0.82	0.81	-0.32		0.65	0.51	0.2	-0.06	-0.03	-0.82	0.06	-0.02	-0.72	0.98	0.68	0.7	-0.66	0.2	-0.4	-0.82	0.41	-0.61	0.42
Net Debt	-0.05	-0.58	0.99	0.6	0.71	0.07	0.65		-0.02	0.28	-0.66	-0.56	-0.62	0.19	0.57	-0.62	0.7	0.27	0.7	-0.33	0.47	-0.28	-0.48	0.87	-0.8	0.91
Retained Earnings	-0.94	0.0	-0.07	0.76	0.65	-0.47	0.51	-0.02		0.27	0.5	0.74	-0.69	-0.08	-0.1	0.07	0.5	0.88	0.63	-0.86	0.09	-0.33	-0.64	-0.46	-0.13	-0.16
Accounts Payable	-0.34	0.01	0.32	0.26	0.26	0.24	0.2	0.28	0.27		-0.27	0.12	-0.37	0.53	0.27	-0.03	0.33	0.32	0.49	-0.23	0.41	0.35	0.0	0.11	-0.42	0.25
Non Current Assets Total	-0.44	0.26	-0.69	0.02	-0.15	-0.25	-0.06	-0.66	0.5	-0.27		0.81	0.07	-0.43	-0.74	0.32	-0.12	0.3	-0.16	-0.27	-0.43	-0.07	-0.24	-0.79	0.73	-0.69
Non Currrent Assets Other	-0.72	0.43	-0.58	0.23	0.07	-0.24	-0.03	-0.56	0.74	0.12	0.81		-0.18	-0.26	-0.43	0.49	-0.04	0.55	0.13	-0.49	-0.08	0.05	-0.23	-0.82	0.49	-0.66
Common Stock Total Equity	0.65	0.53	-0.58	-0.94	-0.93	0.31	-0.82	-0.62	-0.69	-0.37	0.07	-0.18		0.09	-0.31	0.5	-0.81	-0.9	-0.9	0.91	-0.36	0.32	0.83	-0.23	0.6	-0.42
Non Current Liabilities Total	0.05	-0.03	0.21	-0.03	0.05	0.11	0.06	0.19	-0.08	0.53	-0.43	-0.26	0.09		0.18	-0.05	0.18	-0.13	0.06	0.33	0.16	0.11	0.22	0.22	-0.49	0.15
Other Current Assets	0.03	0.02	0.59	0.26	0.37	0.27	-0.02	0.57	-0.1	0.27	-0.74	-0.43	-0.31	0.18		-0.03	0.04	0.06	0.46	-0.14	0.61	0.0	0.03	0.47	-0.6	0.64
Total Liab	-0.19	0.99	-0.6	-0.38	-0.46	0.22	-0.72	-0.62	0.07	-0.03	0.32	0.49	0.5	-0.05	-0.03		-0.66	-0.24	-0.28	0.2	0.08	0.29	0.54	-0.61	0.57	-0.48
Property Plant And Equipment Gross	-0.49	-0.67	0.68	0.83	0.83	-0.24	0.98	0.7	0.5	0.33	-0.12	-0.04	-0.81	0.18	0.04	-0.66		0.67	0.76	-0.64	0.25	-0.31	-0.79	0.45	-0.65	0.47
Total Current Assets	-0.83	-0.3	0.24	0.9	0.83	-0.42	0.68	0.27	0.88	0.32	0.3	0.55	-0.9	-0.13	0.06	-0.24	0.67		0.81	-0.94	0.17	-0.21	-0.85	-0.17	-0.3	0.03
Intangible Assets	-0.68	-0.29	0.69	0.93	0.92	-0.1	0.7	0.7	0.63	0.49	-0.16	0.13	-0.9	0.06	0.46	-0.28	0.76	0.81		-0.82	0.5	-0.19	-0.74	0.31	-0.6	0.55
Common Stock	0.83	0.25	-0.29	-0.9	-0.82	0.38	-0.66	-0.33	-0.86	-0.23	-0.27	-0.49	0.91	0.33	-0.14	0.2	-0.64	-0.94	-0.82		-0.25	0.35	0.81	0.11	0.29	-0.18
Other Liab	-0.25	0.17	0.5	0.29	0.3	0.59	0.2	0.47	0.09	0.41	-0.43	-0.08	-0.36	0.16	0.61	0.08	0.25	0.17	0.5	-0.25		0.11	0.01	0.44	-0.39	0.44
Cash	0.2	0.36	-0.17	-0.42	-0.44	0.48	-0.4	-0.28	-0.33	0.35	-0.07	0.05	0.32	0.11	0.0	0.29	-0.31	-0.21	-0.19	0.35	0.11		0.39	-0.09	0.28	-0.34
Other Assets	0.59	0.59	-0.44	-0.89	-0.85	0.47	-0.82	-0.48	-0.64	0.0	-0.24	-0.23	0.83	0.22	0.03	0.54	-0.79	-0.85	-0.74	0.81	0.01	0.39		-0.13	0.32	-0.22
Long Term Debt	0.37	-0.53	0.89	0.18	0.31	0.31	0.41	0.87	-0.46	0.11	-0.79	-0.82	-0.23	0.22	0.47	-0.61	0.45	-0.17	0.31	0.11	0.44	-0.09	-0.13		-0.64	0.83
Short Term Investments	0.1	0.57	-0.78	-0.56	-0.69	0.19	-0.61	-0.8	-0.13	-0.42	0.73	0.49	0.6	-0.49	-0.6	0.57	-0.65	-0.3	-0.6	0.29	-0.39	0.28	0.32	-0.64		-0.7
Inventory	0.11	-0.43	0.89	0.39	0.5	0.22	0.42	0.91	-0.16	0.25	-0.69	-0.66	-0.42	0.15	0.64	-0.48	0.47	0.03	0.55	-0.18	0.44	-0.34	-0.22	0.83	-0.7

Click cells to compare fundamentals

Ally Financial Account Relationship Matchups

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

Pair Trading with Ally Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ally Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ally Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ally Stock

0.66	V	Visa Class A Earnings Call This Week	Pair Corr
0.83	AXP	American Express Earnings Call This Week	Pair Corr
0.88	C	Citigroup Financial Report 12th of July 2024	Pair Corr
0.86	L	Loews Corp	Pair Corr

Moving against Ally Stock

0.74	HG	Hamilton Insurance Report 21st of October 2024	Pair Corr
0.52	AC	Associated Capital	Pair Corr
0.44	BY	Byline Bancorp Report 25th of April 2024	Pair Corr

The ability to find closely correlated positions to Ally Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ally Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ally Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ally Financial to buy it.

The correlation of Ally Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ally Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ally Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ally Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Ally

Details

Is Ally Stock a good investment?

Details

What is Ally Financial's Net Worth?

Details

Largest Consumer Finance Companies

View

Largest Financial Services Companies

View

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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary 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.

	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Stocks Directory Find actively traded stocks across global markets

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

(0.81)

Dividend Share

1.2

Earnings Share

2.99

Revenue Per Share

23.394

Quarterly Revenue Growth

(0.13)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ally Enterprise Value vs Income Tax Expense Analysis

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Enterprise Value

Income Tax Expense

Ally Financial fundamental ratios Correlations

Ally Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ally Financial fundamental ratios Accounts

Pair Trading with Ally Financial

Moving together with Ally Stock

Moving against Ally Stock

Complementary Tools for Ally Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Current Liabilities	+ 0.98	Other Current Liab
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Intangible Assets	+ 0.93	Other Current Liab
Intangible Assets	+ 0.92	Total Current Liabilities

Common Stock	- 0.94	Total Current Assets
Common Stock Total Equity	- 0.94	Other Current Liab
Retained Earnings	- 0.94	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.93	Total Current Liabilities
Intangible Assets	- 0.9	Common Stock Total Equity
Total Current Assets	- 0.9	Common Stock Total Equity