General Motors Co (LIM:GM) Cash And Cash Equivalents : $17,635 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is General Motors Co Cash And Cash Equivalents?

General Motors Co's quarterly cash and cash equivalents declined from Sep. 2023 ($25,224.00 Mil) to Dec. 2023 ($18,853.00 Mil) but then stayed the same from Dec. 2023 ($18,853.00 Mil) to Mar. 2024 ($17,635.00 Mil).

General Motors Co's annual cash and cash equivalents declined from Dec. 2021 ($20,067.00 Mil) to Dec. 2022 ($19,153.00 Mil) and declined from Dec. 2022 ($19,153.00 Mil) to Dec. 2023 ($18,853.00 Mil).

General Motors Co Cash And Cash Equivalents Historical Data

The historical data trend for General Motors Co's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Motors Co Cash And Cash Equivalents Chart

General Motors Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

19,069.00

19,992.00

20,067.00

19,153.00

18,853.00

General Motors Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															18,227.00	23,074.00	25,224.00	18,853.00	17,635.00

General Motors Co Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

General Motors Co (LIM:GM) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

General Motors Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of General Motors Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

General Motors Co (LIM:GM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » General Motors Co (LIM:GM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

GM:USA GM:Mexico 1GM:Italy 8GMd:UK 0R0E:UK 8GM:Germany GMCO34:Brazil GMOT:Austria

Address

300 Renaissance Center, Detroit, MI, USA, 48265-3000

Website

https://www.gm.com

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.