General American Investors Company, Inc. (GAM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 1.67M | 3.19M | 11.76M | 18.25M | 2.29M | 11.48M | 5.94M | 4.27M | 4.26M | 8.94M | 7.45M | 5.31M | 2.18M | 4.6M | 5.29M | 4.26M | 8.24M | 4.87M | 4.54M | 2.98M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 24.27 | 95.78 | 142.58 | 80.19 | 73.41 | 17.73 | 36.75 | 11.59 | 30.88 | 17.42 | 47.9 | -284.17 | 24.82 | 7.35 | 8.47 | 21.98 | 16.95 | 6.31 | -72.14 | 15.42 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | -1.05M | 0 | -5.55M | 0 | -64.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.69B | 1.69B | 1.55B | 1.55B | 1.61B | 1.55B | 1.44B | 1.37B | 1.41B | 1.32B | 1.25B | 1.18B | 1.22B | 1.44B | 1.49B | 1.42B | 1.45B | 1.35B | 1.3B | 1.21B |
| Property, Plant & Equipment | 0 | 2.1M | 2.4M | 2.4M | 2.69M | 2.84M | 2.98M | 3.12M | 0 | 3.39M | 3.52M | 3.65M | 0 | 3.9M | 0 | 4.15M | 0 | 4.4M | 0 | 4.65M |
| Fixed Asset Turnover | - | 2.79x | 3.14x | 2.96x | 2.65x | 14.26x | 3.68x | 9.41x | - | 8.94x | 2.01x | -0.22x | - | 8.32x | - | 5.20x | - | 7.23x | - | 2.41x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.05M | 1.67B | 945K | 1.53B | 1.6B | 1.54B | 1.01M | 1.36B | 500.99K | 1.31B | 1.34M | 1.16B | 0 | 1.43B | 143.82K | 1.41B | 71.44K | 1.34B | 0 | 1.2B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 1.69B | 1.69B | 1.56B | 1.56B | 1.61B | 1.56B | 1.44B | 1.38B | 1.41B | 1.33B | 1.25B | 1.18B | 1.22B | 1.44B | 1.5B | 1.43B | 1.45B | 1.35B | 1.31B | 1.21B |
| Asset Turnover | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.03x | 0.01x | 0.02x | 0.01x | 0.02x | 0.01x | -0.00x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | -0.00x | 0.01x |
| Asset Growth % | 5.13% | 8.26% | 8.32% | 13.58% | 14.19% | 17.88% | 15.32% | 16.43% | 15.79% | -8.15% | -16.32% | -17.13% | -16.24% | 6.74% | 14.53% | 17.57% | 25.6% | 32.34% | 0.93% | -2.62% |
| Total Current Liabilities | 274.91K | 10.96M | 369.77K | 12.14M | 10.51M | 19.59M | 1.6M | 15.24M | 642.61K | 10.32M | 1.84M | 15.53M | 741.46K | 10.35M | 2.87M | 16.19M | 15.55M | 16.13M | 8.01M | 7.88M |
| Accounts Payable | 274.91K | 89.54K | 369.77K | 184.41K | 1.09M | 8.83M | 1.6M | 2.61M | 642.61K | 1.4M | 1.84M | 4.99M | 741.46K | 508.52K | 2.87M | 5.52M | 15.55M | 7.16M | 8.01M | 177.48K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 2.1M | -11.96M | 0 | 0 | 207.5K | 0 | 1.09M | 0 | 96.75K | 0 | 330K | 0 | 1.03M | 0 | 20K | 0 | 1.15M | 0 | 208K |
| Current Ratio | 6.09x | 0.29x | 31.80x | 1.50x | 0.22x | 0.59x | 3.70x | 0.28x | 6.62x | 0.87x | 4.04x | 0.34x | 2.95x | 0.44x | 1.84x | 0.26x | 0.53x | 0.30x | 0.57x | 0.38x |
| Quick Ratio | 6.09x | 0.29x | 31.80x | 1.50x | 0.22x | 0.59x | 3.70x | 0.28x | 6.62x | 0.87x | 4.04x | 0.34x | 2.95x | 0.44x | 1.84x | 0.26x | 0.53x | 0.30x | 0.57x | 0.38x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 17.46M | 6.58M | 18.22M | 6.26M | 7.43M | 7.4M | 19.72M | 7.96M | 19.33M | 7.84M | 209.45M | 10.15M | 19.42M | 10M | 21.02M | 10.95M | 21.03M | 10.9M | 20.82M | 10.73M |
| Long-Term Debt | 2.1M | 0 | 2.4M | 0 | 0 | 0 | 2.98M | 0 | 3.26M | 0 | 3.52M | 0 | 3.78M | 0 | 4.03M | 0 | 4.28M | 0 | 4.53M | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 17.73M | 17.55M | 18.59M | 18.4M | 18.13M | 27.18M | 21.32M | 23.42M | 19.97M | 18.38M | 211.3M | 25.9M | 20.16M | 20.58M | 23.9M | 27.36M | 36.59M | 27.25M | 28.83M | 18.83M |
| Total Debt | 2.1M | 2.1M | 2.4M | 2.4M | 2.69M | 2.84M | 2.98M | 3.12M | 3.26M | 3.39M | 3.52M | 3.65M | 3.78M | 3.9M | 4.03M | 4.15M | 4.28M | 4.4M | 4.53M | 4.65M |
| Net Debt | 2.1M | 2.1M | 2.33M | 1.39M | -62.02M | -63.94M | 2.87M | -120.48M | 3.24M | -145.31M | 3.34M | -73.79M | 3.77M | 3.9M | 4.03M | 4.13M | 4.28M | 4.06M | 4.53M | 4.62M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | 1.28x | 1.28x | 0.04x | 0.02x | - | - | 0.04x | 0.04x | 0.04x | - | - | - | 0.03x | - | 0.04x | 0.06x | 0.03x | 0.07x |
| Net Debt / EBITDA | - | - | 1.24x | 0.74x | -0.84x | -0.53x | - | - | 0.04x | -1.86x | 0.03x | - | - | - | 0.03x | - | 0.04x | 0.06x | 0.03x | 0.07x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.68B | 1.68B | 1.55B | 1.55B | 1.59B | 1.54B | 1.42B | 1.35B | 1.39B | 1.31B | 1.04B | 1.16B | 1.2B | 1.42B | 1.47B | 1.4B | 1.42B | 1.33B | 1.28B | 1.2B |
| Equity Growth % | 5.2% | 9.04% | 8.64% | 14.19% | 14.54% | 17.46% | 36.68% | 17.01% | 16.07% | -8.11% | -29.31% | -17.36% | -15.5% | 7.39% | 15.24% | 17.13% | 24.44% | 32% | 0.49% | -2.51% |
| Book Value per Share | 71.96 | 71.96 | 65.88 | 65.89 | 68.30 | 101.16 | 91.91 | 89.88 | 88.13 | 82.07 | 65.17 | 72.96 | 75.00 | 85.19 | 87.66 | 88.36 | 86.53 | 78.88 | 73.14 | 70.87 |
| Total Shareholders' Equity | 1.68B | 1.68B | 1.55B | 1.55B | 1.59B | 1.54B | 1.42B | 1.35B | 1.39B | 1.31B | 1.04B | 1.16B | 1.2B | 1.42B | 1.47B | 1.4B | 1.42B | 1.33B | 1.28B | 1.2B |
| Common Stock | 23.28M | 23.28M | 23.47M | 23.47M | 23.31M | 23.58M | 23.73M | 23.52M | 23.78M | 23.96M | 23.98M | 23.92M | 23.98M | 24.35M | 24.39M | 23.91M | 24.18M | 24.39M | 24.73M | 24.43M |
| Retained Earnings | 1.13B | 1.14B | 992.86M | 992.86M | 1.05B | 982.76M | 859.85M | 807.7M | 824.62M | 738.1M | 657.57M | 591.77M | 621.65M | 836.55M | 880.94M | 840.51M | 837.2M | 739.41M | 675.94M | 613.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 4.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4.78M | 4.78M | 4.78M | 4.78M | -4.31M | -1.48M | 0 | -8.31M | 0 | -2.65M | 0 | -7.31M | 0 | -1.66M | 0 | -12.09M | 0 | -6.43M | 0 | -12.89M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |