General Electric Co (GE) Financials

General Electric Co (GE) is a global conglomerate with a diverse portfolio of businesses and operations. As of the latest financial statement, GE reported total revenue of $95.2 billion, reflecting a decrease of 1% compared to the previous year. The company's gross profit stood at $26.1 billion, indicating a gross profit margin of 27.4%. Net income from stockholders amounted to $4.9 billion, with diluted earnings per share of $0.56.

Looking at the income statement, GE's EBIT (earnings before interest and taxes) was $6.6 billion, while EBITDA (earnings before interest, taxes, depreciation, and amortization) reached $12.1 billion. These figures demonstrate the company's ability to generate significant operating profits. On the balance sheet, GE reported total assets of $266.9 billion and total liabilities of $213.2 billion. Stockholders' equity amounted to $53.7 billion, showcasing a healthy financial position.

In terms of liquidity, GE held cash equivalents worth $9.2 billion, providing the company with flexibility to meet short-term obligations. However, the company also reported a net debt of $71.1 billion, which is an area of concern that requires attention. Cash flow analysis reveals that GE had an operating cash flow of $3.4 billion, an investing cash flow of $6.9 billion, and a financing cash flow of $4.4 billion.

One of the key highlights for GE is the focus on free cash flow generation. The company generated free cash flow of $4.3 billion, representing the cash that can be utilized for reinvestment, debt repayment, or distribution to shareholders. GE's commitment to free cash flow underscores its ability to create value for investors.

In conclusion, General Electric Co (GE) continues to navigate a complex business landscape, and its financials reflect the challenges and opportunities it faces. Despite certain areas of concern, such as net debt, the company's strong gross profit, operating cash flow, and focus on free cash flow generation are positive indicators. GE's diverse portfolio and commitment to innovation position it for long-term success in the global marketplace.