General Net Income vs Change To Account Receivables 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 Net Income and its Change To Account Receivables 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.

Net Income vs Change To Account Receivables

Net Income vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Net Income account and Change To Account Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between General Motors' Net Income and Change To Account Receivables is -0.68. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables 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' Net Income and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of General Motors Co are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., General Motors' Net Income and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in General Motors financial statement analysis. It represents the amount of money remaining after all of General Motors Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Account Receivables

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

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