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
General Motors (NYSE:GM) Has A Somewhat Strained Balance Sheet
Dec 03
Is General Motors (NYSE:GM) Using Too Much Debt?
Jul 30Does General Motors (NYSE:GM) Have A Healthy Balance Sheet?
Apr 15Recent updates
General Motors: Cruise Cancellation Is Not A Big Deal
Dec 11General Motors (NYSE:GM) Has A Somewhat Strained Balance Sheet
Dec 03General Motors: Losing In China, Winning In America
Nov 24Insufficient Growth At General Motors Company (NYSE:GM) Hampers Share Price
Nov 21With EPS Growth And More, General Motors (NYSE:GM) Makes An Interesting Case
Nov 09Trade Wars: Tesla Vs. GM In Tariff Showdown
Nov 07Wall Street Lunch: Don't Count Out The Combustibles
Oct 22Is General Motors Company (NYSE:GM) Potentially Undervalued?
Oct 17GM Tweaks Battery Strategy, Downplaying Much Ballyhooed Ultium Lithium-Ion Branding
Oct 13GM: EV And Cost Control Strategies Should Let It Continue To Outperform
Sep 26Returns At General Motors (NYSE:GM) Appear To Be Weighed Down
Sep 17Despite Some Issues, General Motors Is Still Attractive
Sep 02General Motors: Increasing PO To $77 On Strong Guidance, Positive Technicals
Aug 25General Motors Company's (NYSE:GM) Low P/E No Reason For Excitement
Aug 17General Motors: Strong U.S. Position, But Still Much Work To Do In China
Aug 06Is General Motors (NYSE:GM) Using Too Much Debt?
Jul 30Amid Strong Q2, GM Reduces Battery-Electric Capacity Forecast, Raising Concerns For Investors
Jul 23Top 10 Stocks 2nd Half 2024 With Steven Cress
Jul 11General Motors: Market Share Is Decreasing But Cash Flow Generation Remains Highly Positive
Jul 05General Motors: Trouble Ahead As Auto Loan Delinquencies Set To Surge
Jun 28Should You Think About Buying General Motors Company (NYSE:GM) Now?
Jun 20Beyond The Price Tag: Why General Motors Might Not Be A Bargain
Jun 14General Motors (NYSE:GM) Has Announced A Dividend Of $0.12
May 30General Motors: Earnings Rev Up, Share Buybacks, Just 6x Free Cash Flow
May 27General Motors (NYSE:GM) Has Some Way To Go To Become A Multi-Bagger
May 21General Motors: Lower Costs Lead To Higher EBITDA Forecast
May 14General Motors Company Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 27General Motors (NYSE:GM) Will Pay A Dividend Of $0.12
Apr 26General Motors Q1 Earnings: Inside The Turnaround Tale And The Massive Buybacks
Apr 19Does General Motors (NYSE:GM) Have A Healthy Balance Sheet?
Apr 15General Motors: What Happened When The Quants Drove In
Apr 02Does General Motors (NYSE:GM) Deserve A Spot On Your Watchlist?
Mar 30When Should You Buy General Motors Company (NYSE:GM)?
Mar 14General Motors: Whiplash Between Unprofitable EV And Legacy ICE May Be Painful
Mar 08GM Earnings Review: What Investors Should Know
Feb 27General Motors: Strikes' Worst Effects Behind Us
Feb 20Estimating The Intrinsic Value Of General Motors Company (NYSE:GM)
Feb 17General Motors: Beats Expectations, But The Numbers Recommend Caution
Feb 06General Motors (NYSE:GM) Will Pay A Larger Dividend Than Last Year At $0.12
Feb 02General Motors: Shares Surge On Optimistic Outlook, Rightly So
Jan 30General Motors' Bumpy Road Toward Mass Adoption Of Battery Electrics
Jan 19General Motors: Both Price And Dividends Can Rise
Jan 07General Motors: Good Riddance - Back To ICE Basics
Dec 27Improved Earnings Required Before General Motors Company (NYSE:GM) Stock's 30% Jump Looks Justified
Dec 22Splurging On Buybacks While Weaknesses Remain Make General Motors A Mediocre Play
Dec 19General Motors: Strikes Consequences And Business Prospects Explained
Dec 11Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
General Motors Company is covered by 62 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Brian Johnson | Barclays |