The Truth Behind GM's $129 Billion in Debt
General Motors (NYSE: GM) has $129 billion of debt on its balance sheet, which scares a lot of investors away from the stock. But is that the right way to look at the debt number?
In this video, Travis Hoium shows where that debt resides and why the core business really has a net cash position.
*Stock prices used were end-of-day prices of July 28, 2024. The video was published on July 29, 2024.
Source Fool.com
General Motors Corp Aktie
43,40 €
3,60 %
Leichtes Buy-Übergewicht bei der General Motors Corp Aktie mit 38 zu 8 Einschätzungen.
Dadurch ergibt sich bei einem Kursziel von 49 € ein leicht positives Potenzial von 12.92% im Vergleich zum aktuellen Kurs von 43.4 € bei General Motors Corp.
