Stock Analysis on Net

General Motors Co. (NYSE:GM)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

General Motors Co., liquidity ratios

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current ratio 1.13 1.08 1.10 1.10 1.01
Quick ratio 0.90 0.83 0.86 0.84 0.79
Cash ratio 0.28 0.28 0.34 0.39 0.36

Based on: 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. General Motors Co. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. General Motors Co. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. General Motors Co. cash ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Current Ratio

General Motors Co., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Current assets 108,545 101,618 100,451 82,103 80,924
Current liabilities 96,265 94,445 91,173 74,408 79,910
Liquidity Ratio
Current ratio1 1.13 1.08 1.10 1.10 1.01
Benchmarks
Current Ratio, Competitors2
Ford Motor Co. 1.16 1.20 1.20 1.20 1.20
Tesla Inc. 2.02 1.73 1.53 1.38 1.88
Current Ratio, Sector
Automobiles & Components 1.26 1.21 1.20 1.18 1.17
Current Ratio, Industry
Consumer Discretionary 1.22 1.20 1.15 1.25 1.18

Based on: 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).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 108,545 ÷ 96,265 = 1.13

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. General Motors Co. current ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.

Quick Ratio

General Motors Co., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 19,872 18,853 19,153 20,067 19,992
Marketable debt securities 7,265 7,613 12,150 8,609 9,046
Accounts and notes receivable, net of allowance 12,827 12,378 13,333 7,394 8,035
GM Financial receivables, net of allowance 46,362 39,076 33,623 26,649 26,209
Total quick assets 86,326 77,920 78,259 62,719 63,282
 
Current liabilities 96,265 94,445 91,173 74,408 79,910
Liquidity Ratio
Quick ratio1 0.90 0.83 0.86 0.84 0.79
Benchmarks
Quick Ratio, Competitors2
Ford Motor Co. 0.98 1.01 1.02 1.03 1.05
Tesla Inc. 1.42 1.13 0.94 1.00 1.49
Quick Ratio, Sector
Automobiles & Components 1.00 0.95 0.94 0.95 0.98
Quick Ratio, Industry
Consumer Discretionary 0.90 0.85 0.81 0.92 0.88

Based on: 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).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 86,326 ÷ 96,265 = 0.90

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. General Motors Co. quick ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.

Cash Ratio

General Motors Co., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash and cash equivalents 19,872 18,853 19,153 20,067 19,992
Marketable debt securities 7,265 7,613 12,150 8,609 9,046
Total cash assets 27,137 26,466 31,303 28,676 29,038
 
Current liabilities 96,265 94,445 91,173 74,408 79,910
Liquidity Ratio
Cash ratio1 0.28 0.28 0.34 0.39 0.36
Benchmarks
Cash Ratio, Competitors2
Ford Motor Co. 0.36 0.40 0.45 0.55 0.51
Tesla Inc. 1.27 1.01 0.83 0.90 1.36
Cash Ratio, Sector
Automobiles & Components 0.44 0.43 0.45 0.52 0.51
Cash Ratio, Industry
Consumer Discretionary 0.51 0.48 0.47 0.63 0.58

Based on: 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).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 27,137 ÷ 96,265 = 0.28

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. General Motors Co. cash ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.