General Motors Company (GM)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 279,761,000 | 289,289,000 | 282,956,000 | 276,591,000 | 273,064,000 | 281,705,000 | 275,833,000 | 267,004,000 | 264,037,000 | 260,529,000 | 253,517,000 | 251,492,000 | 244,718,000 | 238,557,000 | 241,803,000 | 238,411,000 | 235,194,000 | 239,671,000 | 237,535,000 | 246,624,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $279,761,000K
= 0.00
The debt-to-assets ratio of General Motors Company has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely funded by equity, suggesting a strong financial position and low financial risk. It also implies that General Motors has a lower dependence on external borrowing to support its operations and investments, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
General Motors Company
GM
0.00
Federal Signal Corporation
FSS
0.00
Ford Motor Company
F
0.00
Oshkosh Corporation
OSK
0.00
PACCAR Inc
PCAR
0.00
Tesla Inc
TSLA
0.00