Common-Size Balance Sheet: Assets
Paying user area
Try for free
General Motors Co. pages available for free this week:
- Balance Sheet: Assets
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Dividend Discount Model (DDM)
- Net Profit Margin since 2010
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to General Motors Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
General Motors Co., common-size consolidated balance sheet: assets
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 and Cash Equivalents
- Cash and cash equivalents as a percentage of total assets show a gradual decline from 8.5% in 2020 to 6.9% in 2023, with a slight uptick to 7.1% in 2024. This indicates a moderate reduction in immediate liquidity over the period with a recent stabilization.
- Marketable Debt Securities
- Marketable debt securities decreased from 3.85% in 2020 to 2.6% in 2024, exhibiting volatility and a pronounced drop after 2022. This suggests a reduction in highly liquid, short-term investments held by the company.
- Receivables
-
- Accounts and Notes Receivable
- These increased noticeably from 3.42% in 2020 to a peak of 5.05% in 2022 before slightly declining to 4.58% in 2024, indicating buildup in customer credit but some recovery thereafter.
- GM Financial Receivables
- There is a clear upward trend in GM Financial receivables from 11.14% in 2020 to 16.57% in 2024, reflecting an expanding loan or finance portfolio and growing exposure in this segment.
- Inventories
- Inventories grew from 4.35% in 2020 to a peak of 6.03% in 2023 before declining to 5.21% in 2024. The increase suggests buildup possibly to meet higher demand or supply chain adjustments, with the decrease in 2024 possibly indicating inventory optimization.
- Other Current Assets and Overall Current Assets
- Other current assets decreased from 3.15% in 2020 to around 2.74% in 2024. Current assets as a whole remained fairly stable, fluctuating slightly but ending with a modest increase from 34.41% in 2020 to 38.8% in 2024. This stability suggests balanced management of short-term assets.
- Equity in Net Assets of Nonconsolidated Affiliates
- There was a mild increase from 3.57% in 2020 to 3.95% in 2021, then a decline down to 2.54% in 2024. This decline might imply reduced investments or decreased valuations in associated companies over recent years.
- Property, Plant, and Equipment
- "Property, net" steadily increased from 16.0% in 2020 to 18.55% in 2024, indicating continued investment in fixed assets. Conversely, "Equipment on operating leases" declined significantly from 16.93% in 2020 to around 11.29% in 2024, reflecting a possible shift away from leasing operations or asset reallocation.
- Goodwill and Intangible Assets
- These assets decreased gradually from 2.22% to 1.63% between 2020 and 2024, which may indicate amortization or impairment over time, or divestiture of intangible assets.
- Deferred Income Taxes and Other Non-current Assets
- Deferred income taxes declined from 10.26% in 2020 to 7.6% in 2024, showing reduced deferred tax assets or liabilities. Other non-current assets showed erratic movement with a peak in 2021 at 4.69% but overall decrease to 2.98% in 2024.
- Overall Asset Composition
- Non-current assets as a percentage of total assets decreased from 65.59% in 2020 to 61.2% in 2024, indicating a relative shift towards current assets. Total assets remained constant at 100% as expected.