General Motors (GM) - Total debt (2024)

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General Motors (GM) - Total debt? ›

Total debt on the balance sheet as of March 2024 : $122.23 B

General Motors long term debt for 2022 was $75.921B, a 0.35% increase from 2021. General Motors long term debt for 2021 was $75.659B, a 3.67% increase from 2020.

General Motors Total Long Term Debt (Quarterly): 121.74B for Dec. 31, 2023.

What Is General Motors's Net Debt? You can click the graphic below for the historical numbers, but it shows that as of September 2023 General Motors had US$121.5b of debt, an increase on US$115.1b, over one year. However, it also had US$30.8b in cash, and so its net debt is US$90.8b.

General Motors annual net current debt for 2023 was $-0.156B, a 141.82% decline from 2022. General Motors annual net current debt for 2022 was $0.373B, a 87.19% decline from 2021.

How Much Debt Does General Motors Carry? You can click the graphic below for the historical numbers, but it shows that as of June 2023 General Motors had US$120.4b of debt, an increase on US$111.8b, over one year. However, because it has a cash reserve of US$27.4b, its net debt is less, at about US$93.0b.

The auto giant announced Tuesday that Q1 EPS grew 18.5% to $2.62 while revenue increased more than 7% to $43.01 billion. Analysts had expected earnings of $2.13 per share with sales totaling $41.09 billion. General Motors also raised its 2024 view Tuesday.

GMF's asset quality performance has remained relatively stable over time due to the continued portfolio shift toward prime assets, a trend which continued in 2023. Subprime loans (FICO score less than 620) accounted for 13.3% of GMF's retail portfolio as of June 30, 2023, down from 15.8% a year ago.

Ford Motor's operated at median total debt of 133.4 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Ford Motor's total debt peaked in March 2024 at 140.3 billion. Ford Motor's total debt hit its 5-year low in December 2021 of 122.6 billion.

Total liabilities on the balance sheet as of December 2023 : $204.75 B. According to General Motors's latest financial reports the company's total liabilities are $204.75 B. A company's total liabilities is the sum of all current and non-current debts and obligations.

How much cash does GM have on hand? ›

Cash on Hand as of December 2023 : $26.46 B

According to General Motors's latest financial reports the company has $26.46 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Current and historical gross margin, operating margin and net profit margin for General Motors (GM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. General Motors net profit margin as of December 31, 2023 is 5.89%.

Young said GM's total debt at the end of 2008, including the first $4 billion in government loans, was $45.3 billion. The company has been negotiating with bondholders to convert most of that debt to equity, which is a requirement of the government's loan terms.

Bush announced that he had approved the bailout plan, which would give loans of $17.4 billion to U.S. automakers GM and Chrysler, stating that under present economic conditions, "allowing the U.S. auto industry to collapse is not a responsible course of action." Bush provided $13.4 billion immediately, with another $4 ...

The bill: $11.2 billion in taxpayer money lost saving the company. WASHINGTON — President Donald Trump said on Wednesday that General Motors should pay back the money the government spent to keep it afloat as part of the auto industry bailout.

(NYSE: GM) today reported first-quarter 2024 revenue of $43.0 billion, net income attributable to stockholders of $3.0 billion and EBIT-adjusted of $3.9 billion.

When it comes to companies outside of the financial industries, automaker Toyota is the most-indebted company ($221.13 billion). Of the tech companies on the list, Amazon and Apple have the highest levels of debt, owing $138.91 billion and $109.28 billion, respectively.

As of February 2023, the Japanese car manufacturer Toyota was the company with the highest debt worldwide, amounting to 217 billion U.S. dollars.