General Motors Company (GM)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	108,545,000	115,419,000	112,064,000	106,470,000	101,618,000	110,721,000	106,804,000	98,832,000	100,451,000	98,271,000	91,094,000	88,594,000	82,103,000	77,791,000	82,609,000	82,091,000	80,924,000	89,177,000	87,497,000	97,699,000
Total current liabilities	US$ in thousands	96,265,000	95,463,000	95,363,000	91,777,000	94,445,000	96,820,000	92,718,000	90,185,000	91,173,000	86,003,000	79,398,000	79,555,000	74,408,000	71,951,000	74,811,000	76,323,000	79,910,000	80,603,000	77,904,000	91,292,000
Current ratio		1.13	1.21	1.18	1.16	1.08	1.14	1.15	1.10	1.10	1.14	1.15	1.11	1.10	1.08	1.10	1.08	1.01	1.11	1.12	1.07

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $108,545,000K ÷ $96,265,000K
= 1.13

General Motors Company's current ratio has shown fluctuations over the past few years. The ratio started at 1.07 as of March 31, 2020, and increased to 1.15 by June 30, 2023, indicating improved short-term liquidity. However, there was a slight decrease to 1.08 by December 31, 2023, before reaching a peak of 1.21 on September 30, 2024.

Overall, General Motors Company has maintained a current ratio above 1, indicating that the company has been able to meet its short-term obligations with its current assets. It is important for investors and creditors to monitor the current ratio to assess the company's ability to cover short-term liabilities as it can be a key indicator of financial health and liquidity.