GM Total Current Liabilities vs Non Currrent Assets Other Analysis
GM 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 GM Total Current Liabilities and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between GM's Total Current Liabilities and Non Currrent Assets Other is 0.72. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of General Motors, assuming nothing else is changed. The correlation between historical values of GM's Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of General Motors are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., GM's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on GM balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of General Motors are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from GM's 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, GM's Selling General Administrative is very stable compared to the past year. As of the 25th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 2 B.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 21.0B | 30.5B | 23.4B | 19.3B | Total Revenue | 156.7B | 171.8B | 187.4B | 128.3B |
GM fundamental ratios Correlations
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GM Account Relationship Matchups
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GM fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 235.2B | 244.7B | 264.0B | 273.1B | 279.8B | 195.9B | |
Other Current Liab | 19.5B | 17.4B | 21.9B | 24.6B | 70.6B | 74.1B | |
Total Stockholder Equity | 45.0B | 59.7B | 67.8B | 64.3B | 63.1B | 35.8B | |
Other Liab | 30.2B | 32.6B | 28.8B | 23.7B | 21.3B | 20.3B | |
Retained Earnings | 32.0B | 41.9B | 49.3B | 55.4B | 53.5B | 56.1B | |
Accounts Payable | 19.9B | 20.4B | 27.5B | 28.1B | 25.7B | 19.8B | |
Other Assets | 29.2B | 140.0B | 32.6B | 29.9B | 26.9B | 34.1B | |
Long Term Debt | 73.0B | 75.7B | 75.9B | 82.8B | 90.3B | 57.8B | |
Inventory | 10.2B | 13.0B | 15.4B | 16.5B | 14.6B | 13.1B | |
Other Current Assets | 7.4B | 6.4B | 6.8B | 7.2B | 54.0B | 56.7B | |
Total Liab | 185.5B | 178.9B | 191.8B | 204.8B | 214.2B | 172.0B | |
Intangible Assets | 3.3B | 3.2B | 3.0B | 2.9B | 2.7B | 2.5B | |
Property Plant Equipment | 38.8B | 37.6B | 41.1B | 77.9B | 70.2B | 42.8B | |
Cash | 20.0B | 20.1B | 19.2B | 18.9B | 19.9B | 15.7B | |
Short Term Investments | 9.0B | 8.6B | 12.2B | 7.6B | 7.3B | 7.5B | |
Common Stock Shares Outstanding | 1.4B | 1.5B | 1.5B | 1.4B | 1.1B | 1.5B | |
Short Long Term Debt Total | 110.9B | 109.4B | 114.7B | 122.6B | 130.7B | 79.2B | |
Total Current Liabilities | 79.9B | 74.4B | 91.2B | 94.4B | 96.3B | 80.4B | |
Property Plant And Equipment Net | 77.5B | 79.0B | 77.9B | 80.9B | 83.5B | 61.7B | |
Current Deferred Revenue | 3.1B | 2.5B | 2.5B | 2.8B | 2.5B | 4.6B | |
Net Debt | 90.9B | 89.3B | 95.5B | 103.8B | (19.9B) | (18.9B) | |
Non Current Assets Total | 154.3B | 162.6B | 163.6B | 171.4B | 171.2B | 135.0B | |
Non Currrent Assets Other | 39.1B | 47.7B | 50.0B | 54.4B | 61.9B | 65.0B | |
Cash And Short Term Investments | 29.0B | 28.7B | 31.3B | 26.5B | 27.1B | 28.8B | |
Net Receivables | 34.2B | 34.0B | 47.0B | 51.5B | 12.8B | 12.2B | |
Liabilities And Stockholders Equity | 235.2B | 244.7B | 264.0B | 273.1B | 279.8B | 219.0B | |
Non Current Liabilities Total | 105.6B | 104.5B | 100.6B | 110.3B | 117.9B | 95.9B | |
Other Stockholder Equity | 26.5B | 27.1B | 26.4B | 19.1B | 20.8B | 27.0B | |
Property Plant And Equipment Gross | 77.5B | 79.0B | 77.9B | 123.8B | 126.9B | 67.3B | |
Total Current Assets | 80.9B | 82.1B | 100.5B | 101.6B | 108.5B | 84.0B | |
Accumulated Other Comprehensive Income | (13.5B) | (9.3B) | (7.9B) | (10.2B) | (11.3B) | (11.8B) | |
Short Term Debt | 37.1B | 33.9B | 39.3B | 39.0B | 44.8B | 24.7B | |
Net Tangible Assets | 36.5B | 39.8B | 54.7B | 62.8B | 72.3B | 38.8B | |
Noncontrolling Interest In Consolidated Entity | 3.9B | 4.2B | 4.6B | 6.1B | 7.0B | 7.3B | |
Retained Earnings Total Equity | 22.3B | 26.9B | 32.0B | 41.9B | 48.2B | 50.6B |
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Other Tools for GM Stock
When running GM's price analysis, check to measure GM's 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 GM is operating at the current time. Most of GM's value examination focuses on studying past and present price action to predict the probability of GM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GM's price. Additionally, you may evaluate how the addition of GM to your portfolios can decrease your overall portfolio volatility.
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