Ally Free Cash Flow per Share vs Operating Income Analysis

ALLY Stock  USD 40.59  0.78  1.96%   
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 Free Cash Flow Per Share 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 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.

Free Cash Flow Per Share vs Operating Income

Free Cash Flow per Share vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Free Cash Flow per Share account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ally Financial's Free Cash Flow per Share and Operating Income is -0.42. Overlapping area represents the amount of variation of Free Cash Flow per Share 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 Free Cash Flow per Share 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 Free Cash Flow per Share 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 Free Cash Flow per Share i.e., Ally Financial's Free Cash Flow per Share and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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 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.Selling General Administrative is likely to rise to about 4 B in 2024, despite the fact that Discontinued Operations is likely to grow to (855 K).
 2021 2023 2024 (projected)
Interest Expense1.9B6.9B5.2B
Depreciation And Amortization570M1.2B1.2B

Ally Financial fundamental ratios Correlations

-0.14-0.02-0.75-0.630.31-0.46-0.05-0.94-0.34-0.44-0.720.650.050.03-0.19-0.49-0.83-0.680.83-0.250.20.590.370.10.11
-0.14-0.55-0.43-0.50.37-0.74-0.580.00.010.260.430.53-0.030.020.99-0.67-0.3-0.290.250.170.360.59-0.530.57-0.43
-0.02-0.550.560.670.130.610.99-0.070.32-0.69-0.58-0.580.210.59-0.60.680.240.69-0.290.5-0.17-0.440.89-0.780.89
-0.75-0.430.560.98-0.390.820.60.760.260.020.23-0.94-0.030.26-0.380.830.90.93-0.90.29-0.42-0.890.18-0.560.39
-0.63-0.50.670.98-0.410.810.710.650.26-0.150.07-0.930.050.37-0.460.830.830.92-0.820.3-0.44-0.850.31-0.690.5
0.310.370.13-0.39-0.41-0.320.07-0.470.24-0.25-0.240.310.110.270.22-0.24-0.42-0.10.380.590.480.470.310.190.22
-0.46-0.740.610.820.81-0.320.650.510.2-0.06-0.03-0.820.06-0.02-0.720.980.680.7-0.660.2-0.4-0.820.41-0.610.42
-0.05-0.580.990.60.710.070.65-0.020.28-0.66-0.56-0.620.190.57-0.620.70.270.7-0.330.47-0.28-0.480.87-0.80.91
-0.940.0-0.070.760.65-0.470.51-0.020.270.50.74-0.69-0.08-0.10.070.50.880.63-0.860.09-0.33-0.64-0.46-0.13-0.16
-0.340.010.320.260.260.240.20.280.27-0.270.12-0.370.530.27-0.030.330.320.49-0.230.410.350.00.11-0.420.25
-0.440.26-0.690.02-0.15-0.25-0.06-0.660.5-0.270.810.07-0.43-0.740.32-0.120.3-0.16-0.27-0.43-0.07-0.24-0.790.73-0.69
-0.720.43-0.580.230.07-0.24-0.03-0.560.740.120.81-0.18-0.26-0.430.49-0.040.550.13-0.49-0.080.05-0.23-0.820.49-0.66
0.650.53-0.58-0.94-0.930.31-0.82-0.62-0.69-0.370.07-0.180.09-0.310.5-0.81-0.9-0.90.91-0.360.320.83-0.230.6-0.42
0.05-0.030.21-0.030.050.110.060.19-0.080.53-0.43-0.260.090.18-0.050.18-0.130.060.330.160.110.220.22-0.490.15
0.030.020.590.260.370.27-0.020.57-0.10.27-0.74-0.43-0.310.18-0.030.040.060.46-0.140.610.00.030.47-0.60.64
-0.190.99-0.6-0.38-0.460.22-0.72-0.620.07-0.030.320.490.5-0.05-0.03-0.66-0.24-0.280.20.080.290.54-0.610.57-0.48
-0.49-0.670.680.830.83-0.240.980.70.50.33-0.12-0.04-0.810.180.04-0.660.670.76-0.640.25-0.31-0.790.45-0.650.47
-0.83-0.30.240.90.83-0.420.680.270.880.320.30.55-0.9-0.130.06-0.240.670.81-0.940.17-0.21-0.85-0.17-0.30.03
-0.68-0.290.690.930.92-0.10.70.70.630.49-0.160.13-0.90.060.46-0.280.760.81-0.820.5-0.19-0.740.31-0.60.55
0.830.25-0.29-0.9-0.820.38-0.66-0.33-0.86-0.23-0.27-0.490.910.33-0.140.2-0.64-0.94-0.82-0.250.350.810.110.29-0.18
-0.250.170.50.290.30.590.20.470.090.41-0.43-0.08-0.360.160.610.080.250.170.5-0.250.110.010.44-0.390.44
0.20.36-0.17-0.42-0.440.48-0.4-0.28-0.330.35-0.070.050.320.110.00.29-0.31-0.21-0.190.350.110.39-0.090.28-0.34
0.590.59-0.44-0.89-0.850.47-0.82-0.48-0.640.0-0.24-0.230.830.220.030.54-0.79-0.85-0.740.810.010.39-0.130.32-0.22
0.37-0.530.890.180.310.310.410.87-0.460.11-0.79-0.82-0.230.220.47-0.610.45-0.170.310.110.44-0.09-0.13-0.640.83
0.10.57-0.78-0.56-0.690.19-0.61-0.8-0.13-0.420.730.490.6-0.49-0.60.57-0.65-0.3-0.60.29-0.390.280.32-0.64-0.7
0.11-0.430.890.390.50.220.420.91-0.160.25-0.69-0.66-0.420.150.64-0.480.470.030.55-0.180.44-0.34-0.220.83-0.7
Click cells to compare fundamentals

Ally Financial Account Relationship Matchups

Ally Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding395.4M377.1M365.2M318.6M305.1M372.3M
Total Assets180.6B182.2B182.4B191.8B196.4B160.3B
Short Long Term Debt Total39.6B24.1B17.0B20.2B20.2B19.2B
Other Current Liab(3.3B)(3.4B)(210M)(233M)(620M)(589M)
Total Current Liabilities6.2B2.5B210M2.7B6.8B6.4B
Total Stockholder Equity14.4B14.7B17.1B12.9B13.8B13.2B
Property Plant And Equipment Net8.9B9.6B10.9B10.4B10.5B15.0B
Net Debt36.0B8.5B12.0B14.6B13.3B12.6B
Retained Earnings(4.1B)(4.3B)(1.6B)(384M)154M146.3M
Accounts Payable641M412M210M408M1.4B2.1B
Non Current Assets Total41.8B42.2B47.7B43.2B39.9B38.7B
Non Currrent Assets Other(58M)(94M)(2.2B)(554M)(1.2B)(1.3B)
Common Stock Total Equity21.4B21.5B21.7B21.8B25.1B16.6B
Liabilities And Stockholders Equity180.6B182.2B182.4B191.8B196.4B160.3B
Non Current Liabilities Total37.4B25.5B17.2B2.7B147.9B81.2B
Other Current Assets5.5B17.9B6.4B7.2B10.5B10.0B
Total Liab166.2B167.5B165.3B179.0B182.6B147.2B
Property Plant And Equipment Gross9.5B10.4B10.9B10.4B13.3B14.6B
Total Current Assets34.5B48.0B39.2B32.2B31.4B54.0B
Accumulated Other Comprehensive Income123M631M(158M)(4.1B)(3.8B)(3.6B)
Intangible Assets69M50M129M98M73M69.4M
Other Liab4.2B3.4B3.5B5.1B4.6B4.3B
Cash3.6B15.6B5.1B5.6B6.9B8.5B
Other Assets104.4B92.0B95.5B116.5B125.1B115.3B
Long Term Debt34.0B22.0B17.0B17.8B17.6B16.7B
Short Term Investments28.4B29.7B33.4B25.6B19.7B16.5B
Inventory(5.5B)(17.9B)(6.4B)(7.2B)(11.7B)(11.1B)
Property Plant Equipment8.9B9.6B10.9B10.4B9.4B14.9B
Other Stockholder Equity(3.1B)(3.2B)(5.2B)(6.8B)(6.9B)(6.5B)
Current Deferred Revenue3.3B3.4B3.5B169M3.5B2.3B
Cash And Short Term Investments31.9B45.3B38.4B31.2B31.4B22.2B
Net Receivables2.6B2.7B727M950M1.1B1.7B
Short Term Debt5.5B2.1B(3.3B)2.4B2.6B2.4B
Retained Earnings Total Equity(4.1B)(4.3B)(1.6B)(384M)(441.6M)(463.7M)
Deferred Long Term Liab1.8B1.9B2.0B1.9B2.2B1.3B
Treasury Stock(3.1B)(3.2B)(5.2B)(6.8B)(6.2B)(5.8B)
Net Tangible Assets14.4B14.7B14.7B10.5B9.5B11.4B

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

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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 CorrelationCorrelation 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:
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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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
(0.81)
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.