GM Net Invested Capital vs Good Will Analysis

GM Stock

USD 45.84 0.22 0.48%

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 Net Invested Capital and its Good Will 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.

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between GM's Net Invested Capital and Good Will is -0.27. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will 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 Net Invested Capital and Good Will 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 Invested Capital of General Motors are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., GM's Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 6.89, while Tax Provision is likely to drop about 2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	17.9B	21.0B	30.5B	19.3B
Total Revenue	127.0B	156.7B	171.8B	127.4B

Gross Profit Total Revenue

GM fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Other Assets	Long Term Debt	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Cash	Short Term Investments	Common Stock Shares Outstanding	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments
Total Assets		0.1	0.43	-0.07	0.43	0.22	0.26	0.87	0.16	0.9	0.95	0.03	0.53	0.72	-0.25	0.57	-0.53	-0.79	0.68	0.79	0.63	0.58	0.7	0.37	0.47	-0.5
Other Current Liab	0.1		-0.29	0.53	-0.46	0.57	-0.24	-0.14	0.31	0.03	0.19	0.4	0.37	0.37	0.06	0.16	-0.18	-0.24	-0.25	0.05	-0.25	0.34	-0.21	-0.37	-0.43	-0.53
Total Stockholder Equity	0.43	-0.29		-0.58	0.67	0.32	0.01	0.48	0.24	0.31	0.15	-0.49	-0.33	0.21	-0.22	-0.08	0.28	0.09	0.63	0.53	0.52	-0.33	0.62	0.67	0.86	0.42
Other Liab	-0.07	0.53	-0.58		-0.81	0.23	-0.01	-0.47	0.36	-0.11	0.08	0.89	0.72	-0.1	0.38	0.49	-0.19	-0.43	-0.7	-0.53	-0.67	0.65	-0.67	-0.86	-0.84	-0.59
Retained Earnings	0.43	-0.46	0.67	-0.81		-0.07	0.13	0.64	0.05	0.42	0.31	-0.66	-0.31	0.24	-0.4	-0.19	0.0	0.02	0.72	0.7	0.65	-0.23	0.7	0.74	0.83	0.32
Accounts Payable	0.22	0.57	0.32	0.23	-0.07		-0.34	-0.05	0.7	-0.02	0.14	0.28	0.21	0.45	0.14	0.01	0.23	-0.17	-0.1	0.15	-0.12	0.16	-0.06	-0.12	-0.04	-0.17
Other Assets	0.26	-0.24	0.01	-0.01	0.13	-0.34		0.33	-0.34	0.41	0.27	-0.16	0.05	-0.04	-0.28	0.14	-0.13	-0.16	0.32	0.24	0.29	0.08	0.32	0.21	0.19	-0.03
Long Term Debt	0.87	-0.14	0.48	-0.47	0.64	-0.05	0.33		-0.22	0.84	0.8	-0.4	0.13	0.7	-0.45	0.24	-0.44	-0.49	0.93	0.91	0.91	0.22	0.94	0.73	0.72	-0.25
Inventory	0.16	0.31	0.24	0.36	0.05	0.7	-0.34	-0.22		-0.05	0.12	0.48	0.43	0.04	0.24	0.25	0.11	-0.28	-0.36	-0.11	-0.47	0.37	-0.35	-0.43	-0.18	-0.14
Other Current Assets	0.9	0.03	0.31	-0.11	0.42	-0.02	0.41	0.84	-0.05		0.88	-0.08	0.43	0.5	-0.37	0.52	-0.61	-0.7	0.69	0.79	0.65	0.49	0.7	0.4	0.46	-0.48
Total Liab	0.95	0.19	0.15	0.08	0.31	0.14	0.27	0.8	0.12	0.88		0.18	0.68	0.73	-0.22	0.62	-0.66	-0.89	0.54	0.71	0.52	0.74	0.57	0.2	0.24	-0.67
Intangible Assets	0.03	0.4	-0.49	0.89	-0.66	0.28	-0.16	-0.4	0.48	-0.08	0.18		0.82	-0.04	0.65	0.58	-0.17	-0.58	-0.67	-0.49	-0.66	0.76	-0.65	-0.85	-0.76	-0.53
Common Stock	0.53	0.37	-0.33	0.72	-0.31	0.21	0.05	0.13	0.43	0.43	0.68	0.82		0.33	0.24	0.82	-0.58	-0.92	-0.23	0.01	-0.24	0.99	-0.2	-0.57	-0.47	-0.79
Property Plant Equipment	0.72	0.37	0.21	-0.1	0.24	0.45	-0.04	0.7	0.04	0.5	0.73	-0.04	0.33		-0.25	0.21	-0.31	-0.53	0.56	0.71	0.59	0.38	0.59	0.35	0.27	-0.45
Good Will	-0.25	0.06	-0.22	0.38	-0.4	0.14	-0.28	-0.45	0.24	-0.37	-0.22	0.65	0.24	-0.25		0.04	0.43	-0.09	-0.52	-0.54	-0.49	0.19	-0.5	-0.45	-0.41	0.09
Cash	0.57	0.16	-0.08	0.49	-0.19	0.01	0.14	0.24	0.25	0.52	0.62	0.58	0.82	0.21	0.04		-0.66	-0.83	-0.04	0.07	-0.11	0.8	-0.05	-0.39	-0.19	-0.54
Short Term Investments	-0.53	-0.18	0.28	-0.19	0.0	0.23	-0.13	-0.44	0.11	-0.61	-0.66	-0.17	-0.58	-0.31	0.43	-0.66		0.67	-0.21	-0.35	-0.22	-0.63	-0.21	0.09	0.1	0.76
Common Stock Shares Outstanding	-0.79	-0.24	0.09	-0.43	0.02	-0.17	-0.16	-0.49	-0.28	-0.7	-0.89	-0.58	-0.92	-0.53	-0.09	-0.83	0.67		-0.16	-0.35	-0.14	-0.94	-0.18	0.21	0.12	0.76
Short Long Term Debt Total	0.68	-0.25	0.63	-0.7	0.72	-0.1	0.32	0.93	-0.36	0.69	0.54	-0.67	-0.23	0.56	-0.52	-0.04	-0.21	-0.16		0.9	0.98	-0.14	1.0	0.92	0.89	0.04
Total Current Liabilities	0.79	0.05	0.53	-0.53	0.7	0.15	0.24	0.91	-0.11	0.79	0.71	-0.49	0.01	0.71	-0.54	0.07	-0.35	-0.35	0.9		0.87	0.09	0.91	0.75	0.72	-0.2
Property Plant And Equipment Net	0.63	-0.25	0.52	-0.67	0.65	-0.12	0.29	0.91	-0.47	0.65	0.52	-0.66	-0.24	0.59	-0.49	-0.11	-0.22	-0.14	0.98	0.87		-0.15	0.98	0.92	0.81	-0.02
Current Deferred Revenue	0.58	0.34	-0.33	0.65	-0.23	0.16	0.08	0.22	0.37	0.49	0.74	0.76	0.99	0.38	0.19	0.8	-0.63	-0.94	-0.14	0.09	-0.15		-0.12	-0.49	-0.42	-0.81
Net Debt	0.7	-0.21	0.62	-0.67	0.7	-0.06	0.32	0.94	-0.35	0.7	0.57	-0.65	-0.2	0.59	-0.5	-0.05	-0.21	-0.18	1.0	0.91	0.98	-0.12		0.91	0.87	0.0
Non Current Assets Total	0.37	-0.37	0.67	-0.86	0.74	-0.12	0.21	0.73	-0.43	0.4	0.2	-0.85	-0.57	0.35	-0.45	-0.39	0.09	0.21	0.92	0.75	0.92	-0.49	0.91		0.92	0.33
Non Currrent Assets Other	0.47	-0.43	0.86	-0.84	0.83	-0.04	0.19	0.72	-0.18	0.46	0.24	-0.76	-0.47	0.27	-0.41	-0.19	0.1	0.12	0.89	0.72	0.81	-0.42	0.87	0.92		0.41
Cash And Short Term Investments	-0.5	-0.53	0.42	-0.59	0.32	-0.17	-0.03	-0.25	-0.14	-0.48	-0.67	-0.53	-0.79	-0.45	0.09	-0.54	0.76	0.76	0.04	-0.2	-0.02	-0.81	0.0	0.33	0.41

Click cells to compare fundamentals

GM Account Relationship Matchups

GM fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	228.0B	235.2B	244.7B	264.0B	273.1B	194.8B
Other Current Liab	23.3B	19.9B	17.8B	22.4B	24.6B	19.5B
Total Stockholder Equity	41.8B	45.0B	59.7B	67.8B	64.3B	34.2B
Other Liab	30.2B	32.6B	28.8B	23.7B	21.3B	20.3B
Retained Earnings	26.9B	32.0B	41.9B	49.3B	55.4B	58.2B
Accounts Payable	21.0B	19.9B	20.4B	27.5B	28.1B	19.8B
Other Assets	29.2B	140.0B	32.6B	29.9B	26.9B	34.1B
Long Term Debt	65.9B	73.0B	75.7B	75.9B	82.8B	57.2B
Inventory	10.4B	10.2B	13.0B	15.4B	16.5B	13.2B
Other Current Assets	8.0B	7.4B	6.4B	6.8B	7.2B	5.4B
Total Liab	182.1B	185.5B	178.9B	191.8B	204.8B	172.0B
Intangible Assets	3.5B	3.3B	3.2B	3.0B	2.9B	2.8B
Property Plant Equipment	38.8B	37.6B	41.1B	77.9B	70.2B	42.8B
Cash	19.1B	20.0B	20.1B	19.2B	18.9B	15.7B
Short Term Investments	4.2B	9.0B	8.6B	12.2B	7.6B	7.5B
Common Stock Shares Outstanding	1.4B	1.4B	1.5B	1.5B	1.4B	1.5B
Short Long Term Debt Total	103.3B	110.9B	109.4B	114.7B	122.6B	75.1B
Total Current Liabilities	84.9B	79.9B	74.4B	91.2B	94.4B	78.8B
Property Plant And Equipment Net	80.8B	77.5B	79.0B	77.9B	80.9B	59.8B
Current Deferred Revenue	3.2B	3.1B	2.5B	2.5B	2.8B	4.9B
Net Debt	84.3B	90.9B	89.3B	95.5B	103.8B	55.0B
Non Current Assets Total	153.0B	154.3B	162.6B	163.6B	171.4B	131.7B
Non Currrent Assets Other	33.7B	39.1B	47.7B	50.0B	52.8B	27.9B
Cash And Short Term Investments	23.2B	29.0B	28.7B	31.3B	26.5B	28.7B
Net Receivables	33.4B	34.2B	34.0B	47.0B	51.5B	28.7B
Liabilities And Stockholders Equity	228.0B	235.2B	244.7B	264.0B	273.1B	213.5B
Non Current Liabilities Total	97.2B	105.6B	104.5B	100.6B	110.3B	93.8B
Other Stockholder Equity	26.1B	26.5B	27.1B	26.4B	19.1B	27.3B
Property Plant And Equipment Gross	80.8B	77.5B	79.0B	77.9B	123.8B	62.7B
Total Current Assets	75.0B	80.9B	82.1B	100.5B	101.6B	81.8B
Accumulated Other Comprehensive Income	(11.2B)	(13.5B)	(9.3B)	(7.9B)	(10.2B)	(10.8B)
Short Term Debt	37.4B	36.9B	33.7B	38.8B	39.0B	24.6B
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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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:

How To Invest In GM

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Is GM Stock a good investment?

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What is GM's Net Worth?

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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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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

0.515

Dividend Share

0.27

Earnings Share

8.19

Revenue Per Share

134.129

Quarterly Revenue Growth

0.076

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.

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GM Net Invested Capital vs Good Will Analysis

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

Correlation Coefficient

Net Invested Capital

Good Will

GM fundamental ratios Correlations

GM Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GM fundamental ratios Accounts

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

Complementary Tools for GM Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Common Stock
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total
Net Debt	+ 0.98	Property Plant And Equipment Net
Total Liab	+ 0.95	Total Assets
Net Debt	+ 0.94	Long Term Debt

Current Deferred Revenue	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Common Stock
Common Stock Shares Outstanding	- 0.89	Total Liab
Non Current Assets Total	- 0.86	Other Liab
Non Current Assets Total	- 0.85	Intangible Assets
Non Currrent Assets Other	- 0.84	Other Liab