Financial Statement Analysis - General Motors Company

General Motors Company has reported the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $222,783 million
• Total Liabilities: $120,579 million
• Net Income: $15,392 million
• Total Revenue: $187,205 million
• Total Expenses: $171,813 million
• Average Shareholders' Equity: $102,204 million

Calculate the following financial ratios for General Motors Company:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of General Motors Company based on these ratios.