General Motors Company (GM)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $63,072,000K
= 0.00
General Motors Company has consistently maintained a debt-to-equity ratio of 0.00 over the past several years, based on the provided financial data. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage through debt in relation to its equity. This suggests that General Motors relies solely on equity financing for its operations and growth, without taking on any debt obligations.
Having a debt-to-equity ratio of 0.00 can be interpreted as a positive sign for investors and stakeholders, as it reflects a low level of financial risk and a strong financial position. It indicates that the company is not highly leveraged and is less exposed to the risks associated with debt repayment obligations. This could potentially lead to lower interest expenses and greater financial stability for the company.
Overall, the consistent 0.00 debt-to-equity ratio for General Motors Company demonstrates a conservative approach to capital structure and financial management, highlighting a strong balance sheet and prudent financial decision-making.
Peer comparison
Dec 31, 2024