GM Asset Turnover vs Current Ratio Analysis

GM Stock  USD 44.59  0.59  1.34%   
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 Asset Turnover and its Current Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Asset Turnover vs Current Ratio

Asset Turnover vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Asset Turnover account and Current Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GM's Asset Turnover and Current Ratio is -0.22. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Current Ratio 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 Asset Turnover and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of General Motors are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Asset Turnover i.e., GM's Asset Turnover and Current Ratio go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.
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, which includes a position in General Motors. Also, note that the market value of any company could be tightly coupled 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 28th of March 2024, Enterprise Value Multiple is likely to grow to 6.89, while Discontinued Operations is likely to drop (66.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit17.9B21.0B30.5B19.3B
Total Revenue127.0B156.7B171.8B127.4B

GM fundamental ratios Correlations

0.10.43-0.070.430.220.260.870.160.90.950.030.530.72-0.250.57-0.53-0.790.680.790.630.580.70.370.47-0.5
0.1-0.290.53-0.460.57-0.24-0.140.310.030.190.40.370.370.060.16-0.18-0.24-0.250.05-0.250.34-0.21-0.37-0.43-0.53
0.43-0.29-0.580.670.320.010.480.240.310.15-0.49-0.330.21-0.22-0.080.280.090.630.530.52-0.330.620.670.860.42
-0.070.53-0.58-0.810.23-0.01-0.470.36-0.110.080.890.72-0.10.380.49-0.19-0.43-0.7-0.53-0.670.65-0.67-0.86-0.84-0.59
0.43-0.460.67-0.81-0.070.130.640.050.420.31-0.66-0.310.24-0.4-0.190.00.020.720.70.65-0.230.70.740.830.32
0.220.570.320.23-0.07-0.34-0.050.7-0.020.140.280.210.450.140.010.23-0.17-0.10.15-0.120.16-0.06-0.12-0.04-0.17
0.26-0.240.01-0.010.13-0.340.33-0.340.410.27-0.160.05-0.04-0.280.14-0.13-0.160.320.240.290.080.320.210.19-0.03
0.87-0.140.48-0.470.64-0.050.33-0.220.840.8-0.40.130.7-0.450.24-0.44-0.490.930.910.910.220.940.730.72-0.25
0.160.310.240.360.050.7-0.34-0.22-0.050.120.480.430.040.240.250.11-0.28-0.36-0.11-0.470.37-0.35-0.43-0.18-0.14
0.90.030.31-0.110.42-0.020.410.84-0.050.88-0.080.430.5-0.370.52-0.61-0.70.690.790.650.490.70.40.46-0.48
0.950.190.150.080.310.140.270.80.120.880.180.680.73-0.220.62-0.66-0.890.540.710.520.740.570.20.24-0.67
0.030.4-0.490.89-0.660.28-0.16-0.40.48-0.080.180.82-0.040.650.58-0.17-0.58-0.67-0.49-0.660.76-0.65-0.85-0.76-0.53
0.530.37-0.330.72-0.310.210.050.130.430.430.680.820.330.240.82-0.58-0.92-0.230.01-0.240.99-0.2-0.57-0.47-0.79
0.720.370.21-0.10.240.45-0.040.70.040.50.73-0.040.33-0.250.21-0.31-0.530.560.710.590.380.590.350.27-0.45
-0.250.06-0.220.38-0.40.14-0.28-0.450.24-0.37-0.220.650.24-0.250.040.43-0.09-0.52-0.54-0.490.19-0.5-0.45-0.410.09
0.570.16-0.080.49-0.190.010.140.240.250.520.620.580.820.210.04-0.66-0.83-0.040.07-0.110.8-0.05-0.39-0.19-0.54
-0.53-0.180.28-0.190.00.23-0.13-0.440.11-0.61-0.66-0.17-0.58-0.310.43-0.660.67-0.21-0.35-0.22-0.63-0.210.090.10.76
-0.79-0.240.09-0.430.02-0.17-0.16-0.49-0.28-0.7-0.89-0.58-0.92-0.53-0.09-0.830.67-0.16-0.35-0.14-0.94-0.180.210.120.76
0.68-0.250.63-0.70.72-0.10.320.93-0.360.690.54-0.67-0.230.56-0.52-0.04-0.21-0.160.90.98-0.141.00.920.890.04
0.790.050.53-0.530.70.150.240.91-0.110.790.71-0.490.010.71-0.540.07-0.35-0.350.90.870.090.910.750.72-0.2
0.63-0.250.52-0.670.65-0.120.290.91-0.470.650.52-0.66-0.240.59-0.49-0.11-0.22-0.140.980.87-0.150.980.920.81-0.02
0.580.34-0.330.65-0.230.160.080.220.370.490.740.760.990.380.190.8-0.63-0.94-0.140.09-0.15-0.12-0.49-0.42-0.81
0.7-0.210.62-0.670.7-0.060.320.94-0.350.70.57-0.65-0.20.59-0.5-0.05-0.21-0.181.00.910.98-0.120.910.870.0
0.37-0.370.67-0.860.74-0.120.210.73-0.430.40.2-0.85-0.570.35-0.45-0.390.090.210.920.750.92-0.490.910.920.33
0.47-0.430.86-0.840.83-0.040.190.72-0.180.460.24-0.76-0.470.27-0.41-0.190.10.120.890.720.81-0.420.870.920.41
-0.5-0.530.42-0.590.32-0.17-0.03-0.25-0.14-0.48-0.67-0.53-0.79-0.450.09-0.540.760.760.04-0.2-0.02-0.810.00.330.41
Click cells to compare fundamentals

GM Account Relationship Matchups

GM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets228.0B235.2B244.7B264.0B273.1B194.8B
Other Current Liab23.3B19.9B17.8B22.4B24.6B19.5B
Total Stockholder Equity41.8B45.0B59.7B67.8B64.3B34.2B
Other Liab30.2B32.6B28.8B23.7B21.3B20.3B
Retained Earnings26.9B32.0B41.9B49.3B55.4B58.2B
Accounts Payable21.0B19.9B20.4B27.5B28.1B19.8B
Other Assets29.2B140.0B32.6B29.9B26.9B34.1B
Long Term Debt65.9B73.0B75.7B75.9B82.8B57.2B
Inventory10.4B10.2B13.0B15.4B16.5B13.2B
Other Current Assets8.0B7.4B6.4B6.8B7.2B5.4B
Total Liab182.1B185.5B178.9B191.8B204.8B172.0B
Intangible Assets3.5B3.3B3.2B3.0B2.9B2.8B
Property Plant Equipment38.8B37.6B41.1B77.9B70.2B42.8B
Cash19.1B20.0B20.1B19.2B18.9B15.7B
Short Term Investments4.2B9.0B8.6B12.2B7.6B7.5B
Common Stock Shares Outstanding1.4B1.4B1.5B1.5B1.4B1.5B
Short Long Term Debt Total103.3B110.9B109.4B114.7B122.6B75.1B
Total Current Liabilities84.9B79.9B74.4B91.2B94.4B78.8B
Property Plant And Equipment Net80.8B77.5B79.0B77.9B80.9B59.8B
Current Deferred Revenue3.2B3.1B2.5B2.5B2.8B4.9B
Net Debt84.3B90.9B89.3B95.5B103.8B55.0B
Non Current Assets Total153.0B154.3B162.6B163.6B171.4B131.7B
Non Currrent Assets Other33.7B39.1B47.7B50.0B52.8B27.9B
Cash And Short Term Investments23.2B29.0B28.7B31.3B26.5B28.7B
Net Receivables33.4B34.2B34.0B47.0B51.5B28.7B
Liabilities And Stockholders Equity228.0B235.2B244.7B264.0B273.1B213.5B
Non Current Liabilities Total97.2B105.6B104.5B100.6B110.3B93.8B
Other Stockholder Equity26.1B26.5B27.1B26.4B19.1B27.3B
Property Plant And Equipment Gross80.8B77.5B79.0B77.9B123.8B62.7B
Total Current Assets75.0B80.9B82.1B100.5B101.6B81.8B
Accumulated Other Comprehensive Income(11.2B)(13.5B)(9.3B)(7.9B)(10.2B)(10.8B)
Short Term Debt37.4B36.9B33.7B38.8B39.0B24.6B
Net Tangible Assets36.5B39.8B54.7B62.8B72.3B38.8B
Noncontrolling Interest In Consolidated Entity3.9B4.2B4.6B6.1B7.0B7.3B
Retained Earnings Total Equity22.3B26.9B32.0B41.9B48.2B50.6B

GM Investors Sentiment

The influence of GM's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in GM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to GM's public news can be used to forecast risks associated with an investment in GM. The trend in average sentiment can be used to explain how an investor holding GM can time the market purely based on public headlines and social activities around General Motors. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GM's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GM's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average GM's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GM.

GM Implied Volatility

    
  34.57  
GM's implied volatility exposes the market's sentiment of General Motors stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if GM's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that GM stock will not fluctuate a lot when GM's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GM in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GM's short interest history, or implied volatility extrapolated from GM options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether General Motors is a strong investment it is important to analyze GM's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GM's future performance. For an informed investment choice regarding GM Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for GM Stock analysis

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.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
CEOs Directory
Screen CEOs from public companies around the world
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is GM's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GM. If investors know GM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.135
Dividend Share
0.36
Earnings Share
7.32
Revenue Per Share
125.984
Quarterly Revenue Growth
(0)
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GM's market value can be influenced by many factors that don't directly affect GM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.