General Electric Co (NYSE:GE) Debt-to-Equity

: 0.96 (As of Dec. 2022)

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General Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $3,758 Mil. General Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $30,986 Mil. General Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $36,366 Mil. General Electric Co's debt to equity for the quarter that ended in Dec. 2022 was 0.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for General Electric Co's Debt-to-Equity or its related term are showing as below:

GE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 3.38 Max: 4.74
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of General Electric Co was 4.74. The lowest was 0.14. And the median was 3.38.

GE's Debt-to-Equity is ranked worse than
86.15% of 2412 companies
in the Industrial Products industry
Industry Median: 0.30 vs GE: 0.96

General Electric Co Debt-to-Equity Historical Data

The historical data trend for General Electric Co's Debt-to-Equity 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 Electric Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

3.34

3.21

2.20

0.94

0.96

General Electric Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity																0.94	0.86	0.94	0.97	0.96

Competitive Comparison

For the Specialty Industrial Machinery subindustry, General Electric Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

General Electric Co Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, General Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where General Electric Co's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

General Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

General Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3758	+	30986)	/	36366
	=	0.96

General Electric Co's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3758	+	30986)	/	36366
	=	0.96

General Electric Co (NYSE:GE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

General Electric Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of General Electric Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

General Electric Co (NYSE:GE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » General Electric Co (NYSE:GE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GE:Mexico GEC:UK GNE:France GCP:Germany GE:Chile GE:Switzerland GEOO34:Brazil GE:Argentina

Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel, precision health, and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, onshore and offshore wind turbines, as well as medical diagnostic and mobile equipment. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by former Danaher alum Larry Culp who is leading a multi-year turnaround of the storied conglomerate based on Lean principles.

Executives

Thomas W Horton	director	4333 AMON CARTER BLVD., FORTH WORTH TX 76155
Isabella D Goren	director	C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Francisco Dsouza	director	500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Risa J Lavizzo-mourey	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Paula Rosput Reynolds	director	605 HILLSIDE DRIVE EAST, SEATTLE WA 98112
Catherine A Lesjak	director	1501 PAGE MILL RD, PALO ALTO CA 94304
Leslie Seidman	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Sebastien Bazin	director	5 NECCO STREET, 5 NECCO STREET, BOSTON MA 02210
Stephen F Angel	director	39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Tomislav Mihaljevic	director	5 NECCO ST, BOSTON MA 02210
Happe Carolina Dybeck	officer: Senior Vice President	5 NECCO STREET, BOSTON MA 02210
John S. Slattery	officer: Senior Vice President	5 NECCO STREET, BOSTON MA 02210
Peter J Arduini	officer: Senior Vice President	311 ENTERPRISE DRIVE, PLAINSBORO NJ 08536
L Kevin Cox	officer: Senior Vice President	THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Thomas S Timko	officer: Vice President	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000