How much debt does GM have?

General Motors

Finance noted that GM's most recent financial statement reported on February 10, 2021, showed a total debt of $109.89 billion, with $72.98 billion in long-term debt and the remaining $26.91 billion in current debt. Adjusting for $19.99 billion in cash equivalents, GM has a net debt of $89.90 billion.

How much debt does GM and Ford have?

Entering this year, Ford's debt, excluding its lending arm, was at $15.3 billion, up $1.2 billion from the previous year. That compares with GM at nearly $14.4 billion in 2019, up $423 million from the prior year. The financing arms typically carry heavy debt, much like a bank.

How much in debt is Tesla?

As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. Between 2020 and 2021, the company incurred 7% more debt. A majority of this debt is due in the short-term, as Tesla had over $10 billion of accounts payable at the end of 2020—almost a 40% increase from the year prior.

Is General Motors financially stable?

The Rating Outlook for both GM and GMF is Stable. General Motors Financial of Canada, Ltd. General Motors Financial Company, Inc.

How is General Motors doing in 2021?

DETROIT – General Motors Co. (NYSE: GM) today reported 2021 full-year earnings that include net income of $10 billion, EBIT-adjusted of $14.3 billion, net income margin of 7.9%, EBIT-adjusted margin of 11.3%, EPS-diluted of $6.70 and EPS-diluted-adjusted of $7.07.

$277,000,000,000,000 of Global Debt: Who Owes it

How much did General Motors make in 2021?

For the year, GM's global revenue in 2021 was $127 billion compared with $122.5 billion for 2020. GM's annual net income was $10 billion compared with $6.4 billion in the year-ago period. GM China reported equity income of $1 billion compared with $512 million for 2021.

How much is Ford in debt?

The Ford Motor Company reported total debt around 138 billion U.S. dollars in 2021. Total debt comprises automotive debt, credit debt, and other debt.

How much is Amazon in debt?

According to the Amazon.com's most recent balance sheet as reported on October 29, 2021, total debt is at $51.05 billion, with $50.05 billion in long-term debt and $1.00 billion in current debt. Adjusting for $29.94 billion in cash-equivalents, the company has a net debt of $21.11 billion.

Is BMW in debt?

BMW reported €104.5B in Debt for its third fiscal quarter of 2021.

Which auto company has the most debt?

Is GM in financial trouble?

GM, the last of the Detroit Three automakers to release second-quarter numbers, announced Wednesday that it had a quarterly earnings before interest and taxes adjusted of $4.1 billion compared to a loss $500 million in the year-ago period when the COVID-19 pandemic had idled the industry and halted most car buying.

How much does GM owe the government 2021?

In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The company already paid back $2 billion, so this $4.7 billion is the last payment. This doesn't mean that “Government Motors” is no more.

How much cash does GM have?

General Motors cash on hand for 2021 was $28.676B, a 1.25% decline from 2020. General Motors cash on hand for 2020 was $29.038B, a 24.93% increase from 2019. General Motors cash on hand for 2019 was $23.243B, a 13.3% decline from 2018.

How much is Netflix in debt?

Netflix's total debt stood at $14.5 billion at the end of March. The company does have around $6 billion in cash balancing that out, but at any given time it also has billions in short-term content liabilities it must pay. Netflix paid $188 million in interest during the first quarter, which annualizes to $752 million.

How much is Walmart's debt?

Walmart long term debt for 2022 was $39.107B, a 13.17% decline from 2021. Walmart long term debt for 2021 was $45.041B, a 6.21% decline from 2020. Walmart long term debt for 2020 was $48.021B, a 4.35% decline from 2019.

What is Toyota's debt to equity ratio?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Toyota debt/equity for the three months ending December 31, 2021 was 0.56.

Is Ford debt too high?

What Is Ford Motor's Net Debt? The image below, which you can click on for greater detail, shows that Ford Motor had debt of US$144.6b at the end of September 2021, a reduction from US$157.3b over a year. However, it also had US$31.4b in cash, and so its net debt is US$113.2b.

Where does GM make most money?

GM earns the majority of its revenue and profit from vehicle sales but also from its financing arm called GM Financial.

Is GM profitable?

Definitely, by the second half of this year we'll be able to get closer to full capability.” Along with the upbeat production outlook, G.M. reported $10 billion in profit for 2021, a 55 percent increase from 2020 and its highest total ever. Its previous record year was 2015, when the company earned $9.7 billion.

How many vehicles does GM have waiting for chips?

GM now expects to withhold or cut production on about 200,000 vehicles in North America during the second half of the year. That's double the 100,000 units that was expected when GM reported second-quarter earnings in August. Despite the increase, the company is maintaining its guidance for 2021.

How did GM get out of bankruptcies?

Chief executive Rick Wagoner led the auto delegation in Washington seeking government funding to save the industry and keep GM out of bankruptcy. Five years later, after an unprecedented government equity investment, GM is thriving and the Treasury plans to sell its remaining stake in the coming months.

What country buys the most GM cars?

China was the largest single target market for General Motors in 2021. During that fiscal year, the Detroit company and its associations sold some 2.9 million motor vehicles to customers in China, the world's largest automobile market.