General Motors Balance Sheet Health
Financial Health criteria checks 3/6
General Motors has a total shareholder equity of $74.2B and total debt of $129.1B, which brings its debt-to-equity ratio to 174.1%. Its total assets and total liabilities are $289.3B and $215.1B respectively. General Motors's EBIT is $12.3B making its interest coverage ratio -86.2. It has cash and short-term investments of $27.3B.
Key information
174.1%
Debt to equity ratio
US$129.08b
Debt
| Interest coverage ratio | -86.2x |
| Cash | US$27.32b |
| Equity | US$74.16b |
| Total liabilities | US$215.13b |
| Total assets | US$289.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GM's short term assets ($115.4B) exceed its short term liabilities ($95.5B).
Long Term Liabilities: GM's short term assets ($115.4B) do not cover its long term liabilities ($119.7B).
Debt to Equity History and Analysis
Debt Level: GM's net debt to equity ratio (137.2%) is considered high.
Reducing Debt: GM's debt to equity ratio has reduced from 214.3% to 174.1% over the past 5 years.
Debt Coverage: GM's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: GM earns more interest than it pays, so coverage of interest payments is not a concern.