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
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