As of May 25, 2025, General Motors Co (GM) reports a Current Ratio of 1.13.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of General Motors Co's Current Ratio
Over recent years, General Motors Co's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.13 |
| 2023-12-31 | 1.08 |
| 2022-12-31 | 1.10 |
| 2021-12-31 | 1.10 |
| 2020-12-31 | 1.01 |
This slight downward trend highlights how General Motors Co manages its short-term assets and liabilities over time.
Comparing General Motors Co's Current Ratio to Peers
To better understand General Motors Co's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| General Motors Co (GM) | 1.13 |
| Electrameccanica Vehicles Corp (SOLO) | 13.36 |
| Lordstown Motors Corp (RIDE) | 3.72 |
| KABE Group AB (KABE B.ST) | 3.08 |
| Trigano SA (TRI.PA) | 2.54 |
| Fisker Inc (FSR) | 2.51 |
Compared to its competitors, General Motors Co's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.