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Ally Financial (Ally Financial) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)


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What is Ally Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ally Financial's operating assets for the quarter that ended in Dec. 2023 was $169,732 Mil. Ally Financial's operating liabilities for the quarter that ended in Dec. 2023 was $162,393 Mil. Ally Financial's Total Assets for the quarter that ended in Sep. 2023 was $195,704 Mil. Therefore, Ally Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.

Ally Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ally Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(189447-162393)/191826
=0.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=196392 - 6945
=189447

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=182626 - 17683 - 2550
=162393

Ally Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(169732-162393)/195704
=0.04

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=196392 - 26660
=169732

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=182626 - 17683 - 2550
=162393

* 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 Scaled Net Operating Assets Related Terms

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Ally Financial (Ally Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ally Financial Inc (NYSE:ALLY) » Definitions » Scaled Net Operating Assets
Comparable Companies
SOFI OBDC CACC FCFS OMF WU NNI SLM SYF QFIN V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
ALLY1:Mexico GMZ:Germany GMZ:Germany GMZ:Germany
Address
500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226
Website
https://www.ally.com
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