What does consolidation — net change in debt intercompany mean?

The net adjustment for internal debt transactions between the bank and its subsidiaries to ensure consolidated debt reflects only external obligations.

How do you interpret consolidation — net change in debt intercompany?

Fluctuations indicate changes in the internal capital funding strategy or debt management between the parent and its subsidiaries.

How does consolidation — net change in debt intercompany compare across companies?

Standard for holding companies with multiple legal entities and centralized treasury functions.

Ally Financial ALLY Consolidation — Net Change In Debt Intercompany

Discontinued — last reported Q2 '18

Similar metrics at other companies

LIIConsolidation Eliminations — Increase Decreasein Intercompany Loans

$0—

ALLEConsolidation Eliminations — Debt Current

$0—

AYIConsolidation Eliminations — Long Term Debt Noncurrent

$0—

CLHConsolidation Eliminations — Intercompany Debt Financing

$925.25K-97.8%

CLHConsolidation Eliminations — Debt Payable To Affiliates Subsidiaries And Holding Companies

-$110.95M+0.9%

CDWConsolidation Eliminations — Repayments Of Secured Debt

$0—

Other financials

Income statement

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Revenue$2.1B+36.4%

Net income$319.0M+242%

EPS (diluted)$0.93+213%

Balance sheet

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Cash & equivalents$11.2B-1.6%

Total debt$22.8B+26.9%

Total equity$15.6B+9.7%

Total assets$197.27B+2.0%

Cash flow

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Operating cash flow$1.4B+45.9%

CapEx-—

Free cash flow$1.1B-2.9%

Valuation

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Market cap$13.94B+7.8%

Enterprise value$25.47B+33.3%

P/E10×-33.1×

P/S1.7×0.0×

Profitability

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Net margin16.5%+12.6pp

FCF margin55.3%—

Returns & leverage

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Return on equity9.4%+7.2pp

Debt / equity1.5×+0.2×

Where this comes from

Reported directly by Ally Financial in its filing.

Tagged under the XBRL concept ally:NetChangeInDebtIntercompany.

The official record: Ally Financial’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — net change in debt intercompany mean?: The net adjustment for internal debt transactions between the bank and its subsidiaries to ensure consolidated debt reflects only external obligations.
How do you interpret consolidation — net change in debt intercompany?: Fluctuations indicate changes in the internal capital funding strategy or debt management between the parent and its subsidiaries.
How does consolidation — net change in debt intercompany compare across companies?: Standard for holding companies with multiple legal entities and centralized treasury functions.