General Motors Balance Sheet Health
Financial Health criteria checks 3/6
General Motors has a total shareholder equity of $70.6B and total debt of $124.2B, which brings its debt-to-equity ratio to 175.9%. Its total assets and total liabilities are $276.6B and $206.0B respectively. General Motors's EBIT is $10.7B making its interest coverage ratio -63.1. It has cash and short-term investments of $20.5B.
Key information
175.9%
Debt to equity ratio
US$124.19b
Debt
Interest coverage ratio | -63.1x |
Cash | US$20.48b |
Equity | US$70.60b |
Total liabilities | US$205.99b |
Total assets | US$276.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMOT's short term assets ($106.5B) exceed its short term liabilities ($91.8B).
Long Term Liabilities: GMOT's short term assets ($106.5B) do not cover its long term liabilities ($114.2B).
Debt to Equity History and Analysis
Debt Level: GMOT's net debt to equity ratio (146.9%) is considered high.
Reducing Debt: GMOT's debt to equity ratio has reduced from 240.2% to 175.9% over the past 5 years.
Debt Coverage: GMOT's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: GMOT earns more interest than it pays, so coverage of interest payments is not a concern.