General Historical Balance Sheet

GIS Stock

USD 70.35 0.28 0.40%

Trend analysis of General Mills balance sheet accounts such as Other Current Liabilities of 971.6 M or Total Current Liabilities of 9.1 B provides information on General Mills' total assets, liabilities, and equity, which is the actual value of General Mills to its prevalent stockholders. By breaking down trends over time using General Mills balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining General Mills latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether General Mills is a good buy for the upcoming year.

General Mills Inventory

2.62 Billion

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Mills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy General Stock please use our How to Invest in General Mills guide.

About General Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of General Mills at a specified time, usually calculated after every quarter, six months, or one year. General Mills Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of General Mills and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which General currently owns. An asset can also be divided into two categories, current and non-current.

General Mills Balance Sheet Chart

General Mills Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how General Mills uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, General Mills' Non Currrent Assets Other are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 38 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 2.9 B in 2024.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity Intangible Assets

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Total Assets

Total assets refers to the total amount of General Mills assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in General Mills books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on General Mills balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of General Mills are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most accounts from General Mills' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into General Mills current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Mills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy General Stock please use our How to Invest in General Mills guide.At this time, General Mills' Non Currrent Assets Other are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 38 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 2.9 B in 2024.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	11.6B	11.7B	13.5B	14.1B
Total Assets	31.1B	31.5B	36.2B	38.0B

Short Long Term Debt Total Total Assets

General Mills balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.93	0.23	0.98	0.9	0.6	0.92	0.96	0.89	0.37	1.0	0.26	0.37	0.67	-0.8	-0.89	0.95	0.88	0.79	-0.8	0.98	0.67	0.94	0.66	-0.79	0.86
Short Long Term Debt Total	0.93		0.29	0.92	0.7	0.62	0.99	0.83	0.77	0.34	0.95	0.0	0.34	0.69	-0.75	-0.85	0.98	0.69	0.64	-0.8	0.98	0.47	0.79	0.8	-0.74	0.85
Other Current Liab	0.23	0.29		0.21	0.03	0.47	0.26	0.17	0.09	0.41	0.22	0.0	0.41	0.29	-0.32	-0.3	0.32	0.16	0.15	-0.27	0.29	0.24	0.26	0.27	-0.32	0.08
Total Current Liabilities	0.98	0.92	0.21		0.89	0.51	0.9	0.95	0.93	0.41	0.98	0.29	0.41	0.63	-0.71	-0.86	0.91	0.85	0.87	-0.82	0.96	0.64	0.94	0.68	-0.7	0.86
Total Stockholder Equity	0.9	0.7	0.03	0.89		0.35	0.69	0.94	0.92	0.28	0.88	0.57	0.28	0.5	-0.6	-0.73	0.73	0.93	0.86	-0.62	0.8	0.79	0.93	0.38	-0.6	0.74
Property Plant And Equipment Net	0.6	0.62	0.47	0.51	0.35		0.61	0.46	0.26	0.36	0.6	-0.17	0.36	0.87	-0.89	-0.56	0.68	0.43	0.25	-0.55	0.63	0.18	0.53	0.67	-0.89	0.39
Net Debt	0.92	0.99	0.26	0.9	0.69	0.61		0.82	0.76	0.24	0.94	-0.05	0.24	0.68	-0.73	-0.85	0.98	0.7	0.63	-0.8	0.97	0.49	0.75	0.78	-0.72	0.84
Retained Earnings	0.96	0.83	0.17	0.95	0.94	0.46	0.82		0.96	0.28	0.95	0.35	0.28	0.56	-0.71	-0.91	0.86	0.94	0.88	-0.84	0.91	0.8	0.95	0.45	-0.7	0.87
Accounts Payable	0.89	0.77	0.09	0.93	0.92	0.26	0.76	0.96		0.26	0.89	0.41	0.26	0.45	-0.5	-0.83	0.78	0.89	0.91	-0.79	0.85	0.79	0.88	0.4	-0.5	0.87
Cash	0.37	0.34	0.41	0.41	0.28	0.36	0.24	0.28	0.26		0.35	0.35	1.0	0.42	-0.39	-0.18	0.33	0.09	0.23	-0.25	0.37	-0.05	0.51	0.5	-0.39	0.27
Non Current Assets Total	1.0	0.95	0.22	0.98	0.88	0.6	0.94	0.95	0.89	0.35		0.23	0.35	0.68	-0.79	-0.89	0.96	0.86	0.78	-0.8	0.99	0.66	0.93	0.67	-0.79	0.86
Non Currrent Assets Other	0.26	0.0	0.0	0.29	0.57	-0.17	-0.05	0.35	0.41	0.35	0.23		0.35	-0.01	0.0	-0.04	0.02	0.42	0.43	0.03	0.12	0.47	0.47	-0.14	0.0	0.13
Cash And Short Term Investments	0.37	0.34	0.41	0.41	0.28	0.36	0.24	0.28	0.26	1.0	0.35	0.35		0.42	-0.39	-0.18	0.33	0.09	0.23	-0.25	0.37	-0.05	0.51	0.5	-0.39	0.27
Net Receivables	0.67	0.69	0.29	0.63	0.5	0.87	0.68	0.56	0.45	0.42	0.68	-0.01	0.42		-0.74	-0.53	0.7	0.45	0.39	-0.61	0.69	0.2	0.59	0.76	-0.74	0.55
Common Stock Total Equity	-0.8	-0.75	-0.32	-0.71	-0.6	-0.89	-0.73	-0.71	-0.5	-0.39	-0.79	0.0	-0.39	-0.74		0.75	-0.82	-0.66	-0.46	0.68	-0.8	-0.38	-0.77	-0.62	1.0	-0.61
Common Stock Shares Outstanding	-0.89	-0.85	-0.3	-0.86	-0.73	-0.56	-0.85	-0.91	-0.83	-0.18	-0.89	-0.04	-0.18	-0.53	0.75		-0.9	-0.85	-0.73	0.88	-0.9	-0.72	-0.82	-0.45	0.75	-0.86
Non Current Liabilities Total	0.95	0.98	0.32	0.91	0.73	0.68	0.98	0.86	0.78	0.33	0.96	0.02	0.33	0.7	-0.82	-0.9		0.75	0.64	-0.82	0.99	0.55	0.83	0.73	-0.82	0.87
Inventory	0.88	0.69	0.16	0.85	0.93	0.43	0.7	0.94	0.89	0.09	0.86	0.42	0.09	0.45	-0.66	-0.85	0.75		0.84	-0.7	0.8	0.9	0.9	0.29	-0.65	0.73
Other Current Assets	0.79	0.64	0.15	0.87	0.86	0.25	0.63	0.88	0.91	0.23	0.78	0.43	0.23	0.39	-0.46	-0.73	0.64	0.84		-0.73	0.73	0.69	0.85	0.39	-0.46	0.69
Other Stockholder Equity	-0.8	-0.8	-0.27	-0.82	-0.62	-0.55	-0.8	-0.84	-0.79	-0.25	-0.8	0.03	-0.25	-0.61	0.68	0.88	-0.82	-0.7	-0.73		-0.83	-0.55	-0.73	-0.54	0.68	-0.83
Total Liab	0.98	0.98	0.29	0.96	0.8	0.63	0.97	0.91	0.85	0.37	0.99	0.12	0.37	0.69	-0.8	-0.9	0.99	0.8	0.73	-0.83		0.59	0.88	0.72	-0.8	0.88
Property Plant And Equipment Gross	0.67	0.47	0.24	0.64	0.79	0.18	0.49	0.8	0.79	-0.05	0.66	0.47	-0.05	0.2	-0.38	-0.72	0.55	0.9	0.69	-0.55	0.59		0.7	-0.04	-0.38	0.58
Total Current Assets	0.94	0.79	0.26	0.94	0.93	0.53	0.75	0.95	0.88	0.51	0.93	0.47	0.51	0.59	-0.77	-0.82	0.83	0.9	0.85	-0.73	0.88	0.7		0.53	-0.76	0.77
Short Term Debt	0.66	0.8	0.27	0.68	0.38	0.67	0.78	0.45	0.4	0.5	0.67	-0.14	0.5	0.76	-0.62	-0.45	0.73	0.29	0.39	-0.54	0.72	-0.04	0.53		-0.62	0.47
Common Stock	-0.79	-0.74	-0.32	-0.7	-0.6	-0.89	-0.72	-0.7	-0.5	-0.39	-0.79	0.0	-0.39	-0.74	1.0	0.75	-0.82	-0.65	-0.46	0.68	-0.8	-0.38	-0.76	-0.62		-0.6
Current Deferred Revenue	0.86	0.85	0.08	0.86	0.74	0.39	0.84	0.87	0.87	0.27	0.86	0.13	0.27	0.55	-0.61	-0.86	0.87	0.73	0.69	-0.83	0.88	0.58	0.77	0.47	-0.6

Click cells to compare fundamentals

General Mills Account Relationship Matchups

General Mills balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.8B	31.8B	31.1B	31.5B	36.2B	38.0B
Short Long Term Debt Total	13.5B	12.6B	11.6B	11.7B	13.5B	14.1B
Other Current Liab	1.6B	1.8B	(666.3M)	1.6B	1.8B	971.6M
Total Current Liabilities	7.5B	8.3B	8.0B	7.5B	8.7B	9.1B
Total Stockholder Equity	8.1B	9.5B	10.5B	10.4B	12.0B	12.6B
Property Plant And Equipment Net	3.6B	3.6B	3.4B	3.6B	4.2B	2.9B
Net Debt	11.9B	11.1B	11.1B	11.1B	12.8B	13.4B
Retained Earnings	16.0B	17.1B	18.5B	19.8B	22.8B	24.0B
Accounts Payable	3.2B	3.7B	4.0B	4.2B	4.8B	5.1B
Cash	1.7B	1.5B	569.4M	585.5M	673.3M	459.7M
Non Current Assets Total	25.7B	26.1B	26.0B	26.3B	30.2B	31.7B
Non Currrent Assets Other	1.1B	1.3B	316M	1.2B	1.0B	1.1B
Cash And Short Term Investments	1.7B	1.5B	569.4M	585.5M	673.3M	460.1M
Net Receivables	1.6B	1.6B	1.7B	1.7B	1.9B	980.3M
Common Stock Shares Outstanding	613.3M	619.1M	612.6M	601.2M	541.1M	531.7M
Liabilities And Stockholders Equity	30.8B	31.8B	31.1B	31.5B	36.2B	38.0B
Non Current Liabilities Total	14.4B	13.2B	12.3B	13.2B	15.2B	16.0B
Inventory	1.4B	1.8B	1.9B	2.2B	2.5B	2.6B
Other Current Assets	402.1M	790.3M	802.1M	735.7M	846.1M	888.4M
Other Stockholder Equity	(5.1B)	(5.2B)	(6.1B)	(7.2B)	(6.5B)	(6.1B)
Total Liab	21.9B	21.5B	20.3B	20.8B	23.9B	25.1B
Property Plant And Equipment Gross	3.9B	4.0B	3.4B	10.9B	12.5B	13.2B
Total Current Assets	5.1B	5.8B	5.1B	5.2B	6.0B	6.3B
Accumulated Other Comprehensive Income	(2.9B)	(2.4B)	(2.0B)	(2.3B)	(2.0B)	(1.9B)
Short Term Debt	2.6B	2.8B	2.5B	1.7B	2.0B	1.5B
Intangible Assets	7.1B	7.2B	7.0B	7.0B	8.0B	4.6B
Good Will	13.9B	14.1B	14.4B	14.5B	16.7B	17.5B
Short Term Investments	5M	360M	249.8M	117.2M	134.8M	141.5M
Other Liab	3.2B	3.1B	3.1B	3.3B	3.7B	2.3B
Other Assets	153.9M	322.6M	1.2B	358.3M	322.5M	583.5M
Long Term Debt	10.9B	9.8B	9.1B	10.0B	11.5B	7.3B
Treasury Stock	(6.8B)	(6.4B)	(6.6B)	(8.4B)	(7.6B)	(7.9B)
Property Plant Equipment	3.6B	4.0B	3.4B	3.6B	4.2B	3.6B
Net Tangible Assets	(12.4B)	(11.7B)	(10.8B)	(11.0B)	(9.9B)	(10.4B)
Noncontrolling Interest In Consolidated Entity	313.2M	291M	302.8M	250.4M	288.0M	343.8M
Retained Earnings Total Equity	15.0B	16.0B	17.1B	19.8B	22.8B	13.5B
Long Term Debt Total	10.9B	9.8B	9.1B	10.0B	11.5B	9.3B

Pair Trading with General Mills

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if General Mills position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in General Mills will appreciate offsetting losses from the drop in the long position's value.

Moving together with General Stock

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0.72	PM	Philip Morris Intern	Pair Corr

Moving against General Stock

0.82	PAVS	Paranovus Entertainment	Pair Corr
0.78	ABEV	Ambev SA ADR	Pair Corr
0.69	AGRI	AgriFORCE Growing Systems	Pair Corr
0.64	LW	Lamb Weston Holdings Financial Report 23rd of July 2024	Pair Corr
0.64	SAM	Boston Beer	Pair Corr

The ability to find closely correlated positions to General Mills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General Mills when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back General Mills - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling General Mills to buy it.

The correlation of General Mills is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as General Mills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if General Mills moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for General Mills can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:

How To Invest In General

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Is General Stock a good investment?

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What is General Mills' Net Worth?

Details

Largest Packaged Foods & Meats Companies

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Largest Food, Beverage & Tobacco Companies

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For more information on how to buy General Stock please use our How to Invest in General Mills guide.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.

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Is General Mills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Mills. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Mills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.272

Dividend Share

2.31

Earnings Share

4.31

Revenue Per Share

34.686

Quarterly Revenue Growth

(0.01)

The market value of General Mills is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Mills' value that differs from its market value or its book value, called intrinsic value, which is General Mills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Mills' market value can be influenced by many factors that don't directly affect General Mills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Mills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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General Historical Balance Sheet

General Mills Inventory

2.62 Billion

About General Balance Sheet Analysis

General Mills Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Intangible Assets

General Mills balance sheet Correlations

General Mills Account Relationship Matchups

High Positive Relationship

High Negative Relationship

General Mills balance sheet Accounts

Pair Trading with General Mills

Moving together with General Stock

Moving against General Stock

Complementary Tools for General Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Common Stock Shares Outstanding	- 0.91	Retained Earnings
Total Liab	- 0.9	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.9	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.89	Non Current Assets Total
Common Stock	- 0.89	Property Plant And Equipment Net
Common Stock Total Equity	- 0.89	Property Plant And Equipment Net