General Retained Earnings vs Total Liab Analysis
GIS Stock | USD 70.83 0.55 0.77% |
General Mills financial indicator trend analysis is much more than just examining General Mills latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Mills is a good investment. Please check the relationship between General Mills Retained Earnings and its Total Liab accounts. 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.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between General Mills' Retained Earnings and Total Liab is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of General Mills, assuming nothing else is changed. The correlation between historical values of General Mills' Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of General Mills are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., General Mills' Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from General Mills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 11 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 383.4M | 396.1M | 455.5M | 478.3M | Depreciation And Amortization | 129.1M | 546.6M | 628.6M | 403.2M |
General Mills fundamental ratios Correlations
Click cells to compare fundamentals
General Mills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
General Mills fundamental ratios 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 |
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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 4.36 | 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.