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 Motors Co's Debt-to-Equity or its related term are showing as below:
GM'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.54 Med: 1.69 Max: 3.26
Current: 1.73
During the past 13 years, the highest Debt-to-Equity Ratio of General Motors Co was 3.26. The lowest was -0.54. And the median was 1.69.
GM's Debt-to-Equity is ranked worse than 87.92% of 1134
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs GM: 1.73
General Motors Co Debt-to-Equity Historical Data
The historical data trend for General Motors 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 Motors Co Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Debt-to-Equity
2.69
2.70
2.50
2.46
1.85
General Motors Co Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Debt-to-Equity
2.17
2.03
1.85
1.77
1.73
Competitive Comparison
For the Auto Manufacturers subindustry, General Motors 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.
General Motors Co Debt-to-Equity Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where General Motors Co's Debt-to-Equity falls into.
General Motors Co Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
General Motors Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
General Motors Co (NYSE:GM) Debt-to-Equity Explanation
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 Motors Co Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of General Motors Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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 lost its U.S. market share leader crown in 2021 with share down 280 basis points to 14.6%, but we expect GM to reclaim the top spot in 2022 due to 2021 suffering from the chip shortage. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
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