General Accounts Payable vs Total Assets Analysis

0R0E Stock   52.70  0.90  1.74%   
General Motors financial indicator trend analysis is much more than just examining General Motors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Motors is a good investment. Please check the relationship between General Motors Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in General Motors Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy General Stock please use our How to Invest in General Motors guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between General Motors' Accounts Payable and Total Assets is 0.7. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of General Motors Co, assuming nothing else is changed. The correlation between historical values of General Motors' Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of General Motors Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., General Motors' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents General Motors obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of General Motors are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of General Motors assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in General Motors books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from General Motors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Motors current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in General Motors Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy General Stock please use our How to Invest in General Motors guide.Tax Provision is likely to drop to about 1.6 B in 2024. Selling General Administrative is likely to drop to about 6.5 B in 2024
 2020 2021 2023 2024 (projected)
Interest Income366M1.5B1.3B1.7B
Tax Provision1.8B2.8B2.5B1.6B

General Motors fundamental ratios Correlations

0.960.860.940.950.92-0.670.960.950.710.910.230.970.86-0.640.00.930.96-0.950.86-0.79-0.85-0.80.930.7
0.960.820.90.90.88-0.731.00.970.740.920.390.940.86-0.710.120.910.94-0.880.87-0.7-0.84-0.830.910.74
0.860.820.750.80.77-0.80.820.750.830.870.120.890.83-0.460.170.870.92-0.760.71-0.6-0.87-0.830.810.88
0.940.90.750.990.84-0.50.90.90.730.780.30.870.9-0.550.010.760.94-0.890.75-0.72-0.72-0.760.980.66
0.950.90.80.990.86-0.550.90.910.760.780.290.880.9-0.54-0.020.780.96-0.910.72-0.75-0.76-0.770.980.68
0.920.880.770.840.86-0.520.880.90.480.74-0.040.820.64-0.78-0.230.890.84-0.920.69-0.95-0.7-0.620.780.49
-0.67-0.73-0.8-0.5-0.55-0.52-0.73-0.64-0.73-0.84-0.35-0.77-0.690.48-0.49-0.77-0.710.61-0.730.320.940.89-0.63-0.81
0.961.00.820.90.90.88-0.730.970.740.920.390.940.86-0.710.120.910.94-0.880.87-0.7-0.84-0.830.910.74
0.950.970.750.90.910.9-0.640.970.680.850.410.890.79-0.69-0.070.870.91-0.890.78-0.76-0.77-0.720.890.62
0.710.740.830.730.760.48-0.730.740.680.750.550.760.93-0.20.390.60.87-0.560.58-0.24-0.75-0.830.840.95
0.910.920.870.780.780.74-0.840.920.850.750.390.980.83-0.50.230.940.87-0.810.94-0.54-0.91-0.850.820.78
0.230.390.120.30.29-0.04-0.350.390.410.550.390.330.460.050.320.130.32-0.120.340.25-0.28-0.350.390.39
0.970.940.890.870.880.82-0.770.940.890.760.980.330.87-0.530.140.950.93-0.890.93-0.64-0.9-0.850.90.77
0.860.860.830.90.90.64-0.690.860.790.930.830.460.87-0.390.360.70.94-0.740.75-0.43-0.8-0.90.970.89
-0.64-0.71-0.46-0.55-0.54-0.780.48-0.71-0.69-0.2-0.50.05-0.53-0.39-0.08-0.65-0.540.62-0.550.710.510.52-0.5-0.33
0.00.120.170.01-0.02-0.23-0.490.12-0.070.390.230.320.140.36-0.08-0.010.10.140.280.45-0.3-0.540.160.54
0.930.910.870.760.780.89-0.770.910.870.60.940.130.950.7-0.65-0.010.85-0.880.87-0.76-0.87-0.750.760.65
0.960.940.920.940.960.84-0.710.940.910.870.870.320.930.94-0.540.10.85-0.870.75-0.68-0.85-0.850.970.83
-0.95-0.88-0.76-0.89-0.91-0.920.61-0.88-0.89-0.56-0.81-0.12-0.89-0.740.620.14-0.88-0.87-0.790.870.830.73-0.87-0.51
0.860.870.710.750.720.69-0.730.870.780.580.940.340.930.75-0.550.280.870.75-0.79-0.51-0.83-0.810.770.63
-0.79-0.7-0.6-0.72-0.75-0.950.32-0.7-0.76-0.24-0.540.25-0.64-0.430.710.45-0.76-0.680.87-0.510.550.41-0.62-0.23
-0.85-0.84-0.87-0.72-0.76-0.70.94-0.84-0.77-0.75-0.91-0.28-0.9-0.80.51-0.3-0.87-0.850.83-0.830.550.93-0.8-0.79
-0.8-0.83-0.83-0.76-0.77-0.620.89-0.83-0.72-0.83-0.85-0.35-0.85-0.90.52-0.54-0.75-0.850.73-0.810.410.93-0.86-0.88
0.930.910.810.980.980.78-0.630.910.890.840.820.390.90.97-0.50.160.760.97-0.870.77-0.62-0.8-0.860.77
0.70.740.880.660.680.49-0.810.740.620.950.780.390.770.89-0.330.540.650.83-0.510.63-0.23-0.79-0.880.77
Click cells to compare fundamentals

General Motors Account Relationship Matchups

General Motors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets227.3B228.0B235.2B244.7B281.4B252.5B
Short Long Term Debt Total73.1B65.9B73.0B75.7B87.0B78.1B
Total Current Liabilities84.9B79.9B74.4B91.2B104.8B89.7B
Total Stockholder Equity38.9B41.8B45.0B59.7B68.7B48.5B
Retained Earnings26.9B32.0B41.9B49.3B56.6B34.8B
Cash20.8B19.1B20.0B20.1B23.1B21.0B
Other Assets30.1B29.0B30.2B26.2B23.6B22.9B
Long Term Debt73.1B65.9B73.0B75.7B87.0B78.1B
Cash And Short Term Investments26.8B23.2B29.0B28.7B33.0B29.0B
Net Receivables6.8B8.0B7.4B13.3B15.3B9.2B
Good Will1.9B1.9B1.9B1.9B2.2B2.1B
Short Term Investments6.0B4.2B9.0B8.6B9.9B7.9B
Capital Surpluse25.6B26.1B26.5B27.1B31.1B28.7B
Inventory10.4B10.2B13.0B15.4B17.7B12.7B
Other Current Assets5.8B5.2B4.1B4.7B4.2B3.8B
Other Stockholder Equity(11.2B)(13.5B)(9.3B)(7.9B)(7.1B)(7.5B)
Total Liab188.5B186.2B190.2B185.0B212.7B204.0B
Total Current Assets75.0B80.9B82.1B100.5B115.5B88.5B
Intangible Assets3.7B3.5B3.3B3.2B2.9B2.8B
Property Plant Equipment39.9B38.6B42.2B46.3B41.7B38.0B
Other Current Liab6.2B6.2B6.2B5.5B5.0B4.9B
Other Liab30.2B31.7B27.8B23.7B21.3B22.8B
Net Tangible Assets36.5B39.8B54.7B62.8B72.3B49.9B
Accounts Payable21.0B19.9B20.4B27.5B31.6B24.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for General Stock Analysis

When running General Motors' price analysis, check to measure General Motors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Motors is operating at the current time. Most of General Motors' value examination focuses on studying past and present price action to predict the probability of General Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Motors' price. Additionally, you may evaluate how the addition of General Motors to your portfolios can decrease your overall portfolio volatility.