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General Motors Company  (GM)
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General Motors's Tangible Leverage Ratio

GM's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowing of 3.96%, Tangible Leverage Ratio fell to 3.19, below the General Motors's average Tangible Leverage Ratio.

Within EV, Auto & Truck Manufacturers industry in the second quarter 2024, 12 other companies have achieved lower Tangible Leverage Ratio than General Motors in the II Quarter 2024. While Tangible Leverage Ratio total ranking has improved so far in the second quarter 2024 to 2196, from total ranking in the first quarter 2024 at 2284 .

Explain Tangible Leverage Ratio?
What is GM Market Share?
What are GM´s Total Liabilities?


GM Tangible Leverage Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Tangible Equity Change -5.11 % -4.91 % -5.46 % 13.82 % 11.84 %
Y / Y Total Liabilities Change 7.08 % 6.8 % 6.65 % 6.45 % 8.04 %
Tangible Leverage Ratio MRQ 3.19 3.14 3.24 2.77 2.83
GM's Total Ranking # 2196 # 2284 # 2356 # 1619 # 2049
Seq. Tangible Equity Change 2.32 % 3.59 % -13.84 % 3.9 % 2.52 %
Seq. Total Liabilities Change 3.96 % 0.63 % 0.77 % 1.58 % 3.68 %



Tangible Leverage Ratio second quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 13
Consumer Discretionary Sector # 110
Overall Market # 2196


Tangible Leverage Ratio Statistics
High Average Low
41.23 6.96 2.32
(Sep. 30, 2006)   (Sep. 30, 2011)




Financial Statements
General Motors's Tangible Equity $ 67,122 Millions Visit GM's Balance sheet
General Motors's Total Liabilities $ 214,322 Millions Visit GM's Balance sheet
Source of GM's Sales Visit GM's Sales by Geography


Cumulative General Motors's Tangible Leverage Ratio

GM's Tangible Leverage Ratio for the trailling 12 Months

GM Tangible Leverage Ratio

(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Tangible Equity TTM Growth -5.11 % -4.91 % -5.46 % 13.82 % 11.84 %
Y / Y Total Liabilities TTM Growth 7.08 % 6.8 % 6.65 % 6.45 % 8.04 %
Tangible Leverage Ratio TTM 3.07 2.98 2.9 2.81 2.86
Total Ranking TTM # 13 # 2265 # 112 # 6 # 18
Seq. Tangible Equity TTM Growth 2.32 % 3.59 % -13.84 % 3.9 % 2.52 %
Seq. Total Liabilities TTM Growth 3.96 % 0.63 % 0.77 % 1.58 % 3.68 %


On the trailing twelve months basis Due to the net new borrowing of 3.96% during the trailing twelve months finishing in the II Quarter 2024, cumulativeTangible Leverage Ratio improved to 3.07, below the General Motors's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the EV, Auto & Truck Manufacturers industry GM recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 13, from total ranking in previous 12 month period at 2265.

Explain Tangible Leverage Ratio?
What is GM Market Share?
What are GM´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 0
Consumer Discretionary Sector # 0
Within the Market # 13


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
98.58 7.56 2.63
(March 31, 2007)   (Sep 30 2023)




Companies with similar Tangible Leverage Ratio in the quarter ending Jun 30 2024, within EV, Auto & Truck Manufacturers Industry Tangible Leverage RatioJun 30 2024 MRQ Total LiabilitiesJun 30 2024 MRQ Tangible Equity
Mullen Automotive Inc   6.28 $ 157.394  Millions$ 25.056  Millions
Ford Motor Co  5.35 $ 233,019.000  Millions$ 43,595.000  Millions
General Motors Company  3.19 $ 214,322.000  Millions$ 67,122.000  Millions
Faraday Future Intelligent Electric Inc   2.08 $ 309.206  Millions$ 148.682  Millions
Lucid Group Inc   1.34 $ 4,700.272  Millions$ 3,515.897  Millions
Shyft Group Inc   1.27 $ 198.297  Millions$ 156.680  Millions
Federal Signal Corporation  1.20 $ 515.100  Millions$ 429.100  Millions
Rivian Automotive Inc   1.14 $ 7,763.000  Millions$ 6,818.000  Millions
Volcon Inc   1.00 $ 7.893  Millions$ 7.897  Millions
  0.94 $ 7.061  Millions$ 7.504  Millions
Nikola Corporation  0.84 $ 365.019  Millions$ 436.154  Millions
Workhorse Group Inc   0.80 $ 46.740  Millions$ 58.637  Millions
Tesla Inc   0.69 $ 45,641.000  Millions$ 66,055.000  Millions

Date modified: 2024-07-24T07:26:13+00:00



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