General Motors Company (GM)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 63,072,000 | 70,935,000 | 68,633,000 | 66,598,000 | 64,286,000 | 74,475,000 | 71,655,000 | 69,877,000 | 67,792,000 | 65,268,000 | 63,954,000 | 62,095,000 | 59,744,000 | 54,150,000 | 51,669,000 | 48,343,000 | 45,030,000 | 43,341,000 | 39,304,000 | 40,113,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $63,072,000K)
= 0.00
General Motors Company has consistently maintained a debt-to-capital ratio of 0.00 over the past several quarters, as per the provided data. This indicates that General Motors has a relatively low level of debt in comparison to its total capital. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily funded through equity rather than debt.
A debt-to-capital ratio of 0.00 could suggest that General Motors Company has a conservative financial strategy, with a focus on minimizing debt levels and maintaining a strong balance sheet. This may help the company mitigate financial risk, as lower debt levels can provide greater financial flexibility and resilience during economic downturns or challenging market conditions.
Overall, a consistent debt-to-capital ratio of 0.00 reflects General Motors' prudent approach to managing its capital structure and indicates a healthy financial position. Investors and stakeholders may view this positively as it demonstrates the company's ability to effectively manage its debt obligations and maintain a strong financial standing.
Peer comparison
Dec 31, 2024