How do you interpret consolidation — payments to acquire finance receivables?

Changes indicate shifts in internal loan portfolio management or intercompany financing arrangements.

How does consolidation — payments to acquire finance receivables compare across companies?

Common in captive finance companies where loan portfolios are frequently transferred between legal entities.

Ally Financial ALLY Consolidation — Payments To Acquire Finance Receivables

Discontinued — last reported Q1 '18

Similar metrics at other companies

ALLEConsolidation Eliminations — Proceeds From Payments For Other Financing Activities

$0—

ALLEConsolidation Eliminations — Proceeds From Repayments Of Debt

$0—

CDWConsolidation Eliminations — Proceeds From Payments For Other Financing Activities

$0—

AMHConsolidation Eliminations — Proceeds From Collection Of Finance Receivables

$0—

ALLEConsolidation Eliminations — Payments To Acquire Businesses Net Of Cash Acquired

$0—

GLPIConsolidation Eliminations — Proceeds From Collection Of Loans Receivable

$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 us-gaap:PaymentsToAcquireFinanceReceivables.

The official record: Ally Financial’s 10-Q, filed May 7, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — payments to acquire finance receivables mean?: Adjustments to remove internal acquisitions of finance receivables between company segments.
How do you interpret consolidation — payments to acquire finance receivables?: Changes indicate shifts in internal loan portfolio management or intercompany financing arrangements.
How does consolidation — payments to acquire finance receivables compare across companies?: Common in captive finance companies where loan portfolios are frequently transferred between legal entities.