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General Motors Co (XTER:8GM) Debt-to-Asset : 0.44 (As of Sep. 2024)


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What is General Motors Co Debt-to-Asset?

General Motors Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €32,582 Mil. General Motors Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €82,612 Mil. General Motors Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €260,649 Mil. General Motors Co's debt to asset for the quarter that ended in Sep. 2024 was 0.44.

General Motors Co Debt-to-Asset Historical Data

The historical data trend for General Motors Co's Debt-to-Asset 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 Debt-to-Asset Chart

General Motors Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.47 0.45 0.44 0.45

General Motors Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.45 0.44 0.45 0.44

Competitive Comparison of General Motors Co's Debt-to-Asset

For the Auto Manufacturers subindustry, General Motors Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where General Motors Co's Debt-to-Asset falls into.


General Motors Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

General Motors Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(35733.656 + 76734.56) / 250399.688
=0.45

General Motors Co's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(32581.962 + 82611.789) / 260649.389
=0.44

* 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  (XTER:8GM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

General Motors Co Debt-to-Asset Related Terms

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

General Motors Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » General Motors Co (XTER:8GM) » Definitions » Debt-to-Asset
Comparable Companies
F LI STLA RIVN NIO XPEV VFS LCID PSNY NWTN TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW XTER:VOW3 MIL:RACE TSE:7267 NSE:MARUTI XKRX:005380
Traded in Other Exchanges
GM:USA GM:Peru GM:Mexico 1GM:Italy 8GMd:UK 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 us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. 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. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

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