What is the debt to equity ratio for GE? (2024)

What is the debt to equity ratio for GE?

General Electric Balance Sheet Health

What is the debt-to-equity ratio for General Mills?

General Mills's debt to equity for the quarter that ended in Nov. 2023 was 1.35. A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt.

What is the current ratio for GE?

Current and historical current ratio for General Electric (GE) from 2010 to 2023. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. General Electric current ratio for the three months ending December 31, 2023 was 1.18.

What is a good debt-to-equity ratio?

Generally, a good debt to equity ratio is around 1 to 1.5. However, the ideal debt to equity ratio will vary depending on the industry, as some industries use more debt financing than others.

How much debt does GE have?

Total debt on the balance sheet as of December 2023 : $22.93 B. According to General Electric's latest financial reports the company's total debt is $22.93 B. A company's total debt is the sum of all current and non-current debts.

What does a debt-to-equity ratio of 1.75 mean?

D e b t t o E q u i t y r a t i o = T o t a l l i a b i l i t i e s T o t a l E q u i t y. A value of $1.75, therefore, indicates that for every dollar of equity, a firm uses $1.75 in debt to finance its assets. This ratio indicates that the business has more credit financing than the owner's financing.

What is Coors debt-to-equity ratio?

Molson Coors Beverage has a total shareholder equity of $13.4B and total debt of $6.2B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $26.4B and $12.9B respectively. Molson Coors Beverage's EBIT is $1.6B making its interest coverage ratio 7.7.

What current ratio is considered too high?

A high ratio (greater than 2.0) indicates excessive current assets in the form of inventory, and underemployed capital. A low ratio (less than 1.0) indicates difficulty to meet short-term financial obligations, and the inability to take advantage of opportunities requiring quick cash.

Is current ratio too high?

The higher the ratio is, the more capable you are of paying off your debts. If your current ratio is low, it means you will have a difficult time paying your immediate debts and liabilities. In general, a current ratio of 2 or higher is considered good, and anything lower than 2 is a cause for concern.

What's a bad debt to equity ratio?

What is a bad debt-to-equity ratio? When the ratio is more around 5, 6 or 7, that's a much higher level of debt, and the bank will pay attention to that. “It doesn't mean the company has a problem, but you have to look at why their debt load is so high,” says Lemieux.

What is a bad debt ratio?

The bad debt to sales ratio represents the fraction of uncollectible accounts receivables in a year compared to total sales. For example, if a company's revenue is $100,000 and it's unable to collect $3,000, the bad debt to sales ratio is (3,000/100,000=0.03).

Is a 20 debt-to-equity ratio good?

The ideal debt to equity ratio, using the formula above, is less than 10% without a mortgage and less than 36% with a mortgage. If you exceed 36%, it is very easy to get into debt.

Is GE Too Big to Fail?

In March GE Capital formally asked the government to remove the "too big to fail" label, saying the unit had shrunk to the point where it would not pose a major threat to the country's financial stability if it experienced distress.

Who owns the most GE stock?

The top shareholders of General Electric are Vanguard, Capital Research Global Investors, and BlackRock.

Is GE stock a buy now?

The average price target represents 0.93% Increase from the current price of $173.46. General Electric's analyst rating consensus is a Strong Buy.

What is Apple's debt-to-equity ratio?

Apple has a total shareholder equity of $74.1B and total debt of $108.0B, which brings its debt-to-equity ratio to 145.8%. Its total assets and total liabilities are $353.5B and $279.4B respectively. Apple's EBIT is $118.7B making its interest coverage ratio 648.4. It has cash and short-term investments of $73.1B.

What does a 2.8 debt-to-equity ratio mean?

A higher debt-to-equity ratio indicates that a company has higher debt, while a lower debt-to-equity ratio signals fewer debts. Generally, a good debt-to-equity ratio is less than 1.0, while a risky debt-to-equity ratio is greater than 2.0.

Is a debt ratio of 75% bad?

Interpreting the Debt Ratio

If the ratio is over 1, a company has more debt than assets. If the ratio is below 1, the company has more assets than debt. Broadly speaking, ratios of 60% (0.6) or more are considered high, while ratios of 40% (0.4) or less are considered low.

What is the highest debt-to-equity ratio?

The maximum acceptable debt-to-equity ratio for more companies is between 1.5-2 or less. Large companies having a value higher than 2 of the debt-to-equity ratio is acceptable.

Is a 50 debt-to-equity ratio good?

Yes, a D/E ratio of 50% or 0.5 is very good. This means it is a low-debt business and the company's equity is twice as high as its debts.

What does a 50 debt-to-equity ratio mean?

If the company, for example, has a debt to equity ratio of . 50, it means that it uses 50 cents of debt financing for every $1 of equity financing. Firms whose ratio is greater than 1.0 use more debt in financing their operations than equity. If the ratio is less than 1.0, they use more equity than debt.

What is a good quick ratio for a company?

Generally speaking, a good quick ratio is anything above 1 or 1:1. A ratio of 1:1 would mean the company has the same amount of liquid assets as current liabilities. A higher ratio indicates the company could pay off current liabilities several times over.

What is a good debt to asset ratio?

In general, a ratio around 0.3 to 0.6 is where many investors will feel comfortable, though a company's specific situation may yield different results.

What is a good interest coverage ratio?

While an interest coverage ratio of 1.5 may be the minimum acceptable level, two or better is preferred for analysts and investors. For companies with historically more volatile revenues, the interest coverage ratio may not be considered good unless it is well above three.

What is a good return on assets?

A ROA of over 5% is generally considered good and over 20% excellent. However, ROAs should always be compared amongst firms in the same sector. For instance, a software maker has far fewer assets on the balance sheet than a car maker.

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