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Ally Financial (Ally Financial) Liabilities-to-Assets : 0.93 (As of Mar. 2024)


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What is Ally Financial Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ally Financial's Total Liabilities for the quarter that ended in Mar. 2024 was $179,220 Mil. Ally Financial's Total Assets for the quarter that ended in Mar. 2024 was $192,877 Mil. Therefore, Ally Financial's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.93.


Ally Financial Liabilities-to-Assets Historical Data

The historical data trend for Ally Financial's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ally Financial Liabilities-to-Assets Chart

Ally Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.92 0.91 0.93 0.93

Ally Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.93 0.93 0.93 0.93

Competitive Comparison of Ally Financial's Liabilities-to-Assets

For the Credit Services subindustry, Ally Financial's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ally Financial's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ally Financial's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ally Financial's Liabilities-to-Assets falls into.



Ally Financial Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Ally Financial's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=182626/196392
=0.93

Ally Financial's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=179220/192877
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ally Financial  (NYSE:ALLY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Ally Financial Liabilities-to-Assets Related Terms

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Ally Financial (Ally Financial) Business Description

Traded in Other Exchanges
Address
500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226
Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.
Executives
David J Debrunner officer: VP, CAO, Controller
Thomas P Gibbons director THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Russell E. Hutchinson officer: Chief Financial Officer C/O ALLY FINANCIAL INC., 500 WOODWARD AVE., 10TH FLOOR, DETROIT MI 48226
Marjorie Magner director GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Bradley J. Brown officer: Interim CFO C/O ALLY FINANCIAL INC., 500 WOODWARD AVE., 10TH FLOOR, DETROIT MI 48226
Melissa Goldman director C/O ALLY FINANCIAL INC, 500 WOODWARD AVE, 10TH FLOOR, DETROIT MI 48226
David Reilly director C/O ALLY FINANCIAL INC., 500 WOODWARD AVE, 10TH FLOOR, DETROIT MI 48226
Jason E. Schugel officer: Chief Risk Officer ALLY DETROIT CENTER, 500 WOODWARD AVENUE, DETROIT MI 48226
Douglas R. Timmerman officer: President, Auto Finance ALLY DETROIT CENTER, 500 WOODWARD AVENUE, DETROIT MI 48226
Diane E. Morais officer: CEO & President, Ally Bank ALLY FINANCIAL INC., 440 SOUTH CHURCH STREET, CHARLOTTE NC 28202
Scott A Stengel officer: General Counsel 1010 GRAND BLVD, KANSAS CITY MO 64106
Jeffrey Jonathan Brown officer: Sr Executive Vice President C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265
Jennifer A. Laclair officer: Chief Financial Officer ALLY DETROIT CENTER, 500 WOODWARD AVENUE, DETROIT MI 48226
Mayree C Clark director C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265
Hobbs Franklin W Iv director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202