General Motors - Indebtedness

General Motors's net debt stood at USD -2,877 mil and accounted for -6.26% of equity at the end of 2019. The ratio is up 6.79 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of -6.26% in 2019 and a low of -67.6% in 2011 between 2009 and 2019. The average for the last five years was -17.9%.

Net debt to EBITDA was calculated at -0.144x at the end of the year. That is down from -1.81x seen in 2014. The ratio reached a high of 0.791x in 2012 and a low of -2.85x in 2011.

The company’s cost of funding amounted to 0.746% in 2019, up which is above the 5-year of 0.734%. Funding costs have “eaten” some 14.3% of the operating profit generated in 2019.

You can see all the company’s data at General Motors profile, or you can download a report on the company in the report section.