GM Other Current Assets from 2010 to 2024

GM Stock  USD 60.20  1.67  2.85%   
GM Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 5.4 B. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2000-12-31
Previous Quarter
7.4 B
Current Value
7.6 B
Quarterly Volatility
3.7 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GM financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GM's main balance sheet or income statement drivers, such as Interest Expense of 11.9 B, Selling General Administrative of 11.2 B or Total Revenue of 127.4 B, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0116 or PTB Ratio of 0.94. GM financial statements analysis is a perfect complement when working with GM Valuation or Volatility modules.
  
Check out the analysis of GM Correlation against competitors.

Latest GM's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of General Motors over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. GM's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GM's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

GM Other Current Assets Regression Statistics

Arithmetic Mean5,706,388,889
Geometric Mean5,433,668,630
Coefficient Of Variation29.94
Mean Deviation1,356,437,037
Median5,571,000,000
Standard Deviation1,708,720,221
Sample Variance2919724.8T
Range5.9B
R-Value0.45
Mean Square Error2511277.2T
R-Squared0.20
Significance0.09
Slope171,438,690
Total Sum of Squares40876147.1T

GM Other Current Assets History

20245.4 B
20237.2 B
20226.8 B
20216.4 B
20207.4 B
2019B
20185.3 B

About GM Financial Statements

GM investors utilize fundamental indicators, such as Other Current Assets, to predict how GM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets7.2 B5.4 B

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Check out the analysis of GM Correlation against competitors.
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Is Automobile Manufacturers space 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
0.218
Dividend Share
0.45
Earnings Share
9.37
Revenue Per Share
155.11
Quarterly Revenue Growth
0.105
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.