Current Ratio
since 2010
Calculation
General Motors Co., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2025 | 1.17 | = | 108,767) | ÷ | 93,342) |
| Dec 31, 2024 | 1.13 | = | 108,545) | ÷ | 96,265) |
| Dec 31, 2023 | 1.08 | = | 101,618) | ÷ | 94,445) |
| Dec 31, 2022 | 1.10 | = | 100,451) | ÷ | 91,173) |
| Dec 31, 2021 | 1.10 | = | 82,103) | ÷ | 74,408) |
| Dec 31, 2020 | 1.01 | = | 80,924) | ÷ | 79,910) |
| Dec 31, 2019 | 0.88 | = | 74,992) | ÷ | 84,905) |
| Dec 31, 2018 | 0.92 | = | 75,293) | ÷ | 82,237) |
| Dec 31, 2017 | 0.89 | = | 68,744) | ÷ | 76,890) |
| Dec 31, 2016 | 0.89 | = | 76,203) | ÷ | 85,181) |
| Dec 31, 2015 | 1.09 | = | 78,007) | ÷ | 71,466) |
| Dec 31, 2014 | 1.27 | = | 83,670) | ÷ | 65,701) |
| Dec 31, 2013 | 1.31 | = | 81,501) | ÷ | 62,412) |
| Dec 31, 2012 | 1.30 | = | 69,996) | ÷ | 53,992) |
| Dec 31, 2011 | 1.22 | = | 64,923) | ÷ | 53,226) |
| Dec 31, 2010 | 1.13 | = | 53,053) | ÷ | 47,157) |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$ in millions
The current ratio exhibited a generally increasing trend from 2010 through 2013, followed by a period of fluctuation and then a modest upward trend in the later years of the observed period. Initial values indicated a relatively conservative liquidity position, which improved significantly in the early part of the decade before experiencing some volatility.
- Initial Improvement (2010-2013)
- The current ratio increased from 1.13 in 2010 to 1.31 in 2013. This suggests a strengthening short-term liquidity position during this period, potentially due to effective working capital management or increased current asset levels relative to current liabilities. The company demonstrated an increasing ability to cover its short-term obligations with its short-term assets.
- Period of Volatility (2014-2017)
- Following 2013, the current ratio experienced a period of fluctuation. It decreased from 1.27 in 2014 to 0.89 in both 2016 and 2017. This decline indicates a weakening short-term liquidity position, potentially due to increases in current liabilities outpacing growth in current assets. The ratio falling below 1.0 in 2016 and 2017 suggests the company’s current liabilities exceeded its current assets during those years.
- Stabilization and Modest Growth (2018-2025)
- From 2018 through 2025, the current ratio generally stabilized and showed a modest upward trend, increasing from 0.92 to 1.17. While there were minor fluctuations, the ratio remained above 1.0 for most of this period, indicating an improved and maintained short-term liquidity position. The increase in the later years suggests a renewed focus on managing current assets and liabilities to ensure sufficient liquidity.
Overall, the observed pattern suggests a company that navigated periods of improving and declining liquidity, ultimately achieving a more stable position with a slight improvement in its ability to meet short-term obligations by the end of the analyzed timeframe.
Comparison to Competitors
General Motors Co., current ratio, long-term trends, comparison to competitors
| General Motors Co. | Ford Motor Co. | Tesla Inc. | |
|---|---|---|---|
| Dec 31, 2025 | 1.17 | — | 2.16 |
| Dec 31, 2024 | 1.13 | 1.16 | 2.02 |
| Dec 31, 2023 | 1.08 | 1.20 | 1.73 |
| Dec 31, 2022 | 1.10 | 1.20 | 1.53 |
| Dec 31, 2021 | 1.10 | 1.20 | 1.38 |
| Dec 31, 2020 | 1.01 | 1.20 | 1.88 |
| Dec 31, 2019 | 0.88 | 1.16 | 1.13 |
| Dec 31, 2018 | 0.92 | 1.20 | 0.83 |
| Dec 31, 2017 | 0.89 | 1.23 | 0.86 |
| Dec 31, 2016 | 0.89 | 1.20 | 1.07 |
| Dec 31, 2015 | 1.09 | 1.25 | 0.99 |
| Dec 31, 2014 | 1.27 | 0.68 | 1.52 |
| Dec 31, 2013 | 1.31 | 0.74 | 1.88 |
| Dec 31, 2012 | 1.30 | 0.75 | 0.97 |
| Dec 31, 2011 | 1.22 | 1.16 | 1.95 |
| Dec 31, 2010 | 1.13 | 1.00 | 2.76 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
General Motors Co., current ratio, long-term trends, comparison to sector (automobiles & components)
| General Motors Co. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2025 | 1.17 | — |
| Dec 31, 2024 | 1.13 | 1.26 |
| Dec 31, 2023 | 1.08 | 1.21 |
| Dec 31, 2022 | 1.10 | 1.20 |
| Dec 31, 2021 | 1.10 | 1.18 |
| Dec 31, 2020 | 1.01 | 1.17 |
| Dec 31, 2019 | 0.88 | 1.04 |
| Dec 31, 2018 | 0.92 | 1.06 |
| Dec 31, 2017 | 0.89 | 1.07 |
| Dec 31, 2016 | 0.89 | 1.05 |
| Dec 31, 2015 | 1.09 | 1.17 |
| Dec 31, 2014 | 1.27 | 0.96 |
| Dec 31, 2013 | 1.31 | 1.01 |
| Dec 31, 2012 | 1.30 | 0.98 |
| Dec 31, 2011 | 1.22 | 1.20 |
| Dec 31, 2010 | 1.13 | 1.07 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
General Motors Co., current ratio, long-term trends, comparison to industry (consumer discretionary)
| General Motors Co. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2025 | 1.17 | — |
| Dec 31, 2024 | 1.13 | 1.22 |
| Dec 31, 2023 | 1.08 | 1.20 |
| Dec 31, 2022 | 1.10 | 1.15 |
| Dec 31, 2021 | 1.10 | 1.25 |
| Dec 31, 2020 | 1.01 | 1.19 |
| Dec 31, 2019 | 0.88 | 1.10 |
| Dec 31, 2018 | 0.92 | 1.15 |
| Dec 31, 2017 | 0.89 | 1.15 |
| Dec 31, 2016 | 0.89 | 1.12 |
| Dec 31, 2015 | 1.09 | 1.25 |
| Dec 31, 2014 | 1.27 | 1.11 |
| Dec 31, 2013 | 1.31 | 1.15 |
| Dec 31, 2012 | 1.30 | 1.14 |
| Dec 31, 2011 | 1.22 | 1.31 |
| Dec 31, 2010 | 1.13 | 1.24 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).