GM Balance Sheet Forecasting
Heads up that this is a bit in the weeds.
I'm looking at GM, which has a lending business in addition to selling cars.
My sense is that the best way to approach this is to treat GM Financial like a bank, in something of a SOTP analysis; but with their financials consolidated and the lending business comprising 10% of revenue, heading down that rabbit hole seems like the juice isn't quite worth the squeeze (casual modeling practice on my own time).
Looking at the balance sheet, there's a mountain of receivables and debt attributable to GM Financial like you might see for a bank, but PP&E as you would expect for consumer durables - how would you all handle this? Is there a way to shortcut to focus on the auto segment?
Thanks in advance
&^&^&^&^&^&*&^
Sapiente similique eveniet non esse rerum. Est voluptate et odio ut consequatur aliquid repellat et. Voluptatem explicabo sunt itaque quo. Quis doloremque distinctio consectetur nihil iste dolor aperiam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...