Ally Financial ALLY Consolidation — Stockholders Equity
Discontinued — last reported Q2 '18
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Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept us-gaap:StockholdersEquity.
The official record: Ally Financial’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does consolidation — stockholders equity mean?
- This metric represents the accounting adjustments required to remove intercompany equity balances during the preparation of consolidated financial statements. It ensures that the parent company's investment in subsidiaries is not double-counted against the equity of those subsidiaries. This is a technical accounting entry necessary for accurate group-level reporting.