General Good Will vs Net Invested Capital 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 Good Will and its Net Invested Capital 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.

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Good Will account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between General Mills' Good Will and Net Invested Capital is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Invested Capital 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' Good Will and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of General Mills are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Good Will i.e., General Mills' Good Will and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Expense383.4M396.1M455.5M478.3M
Depreciation And Amortization129.1M546.6M628.6M403.2M

General Mills fundamental ratios Correlations

0.930.230.980.90.60.920.960.890.371.00.260.370.67-0.8-0.890.950.880.79-0.80.980.670.940.66-0.790.86
0.930.290.920.70.620.990.830.770.340.950.00.340.69-0.75-0.850.980.690.64-0.80.980.470.790.8-0.740.85
0.230.290.210.030.470.260.170.090.410.220.00.410.29-0.32-0.30.320.160.15-0.270.290.240.260.27-0.320.08
0.980.920.210.890.510.90.950.930.410.980.290.410.63-0.71-0.860.910.850.87-0.820.960.640.940.68-0.70.86
0.90.70.030.890.350.690.940.920.280.880.570.280.5-0.6-0.730.730.930.86-0.620.80.790.930.38-0.60.74
0.60.620.470.510.350.610.460.260.360.6-0.170.360.87-0.89-0.560.680.430.25-0.550.630.180.530.67-0.890.39
0.920.990.260.90.690.610.820.760.240.94-0.050.240.68-0.73-0.850.980.70.63-0.80.970.490.750.78-0.720.84
0.960.830.170.950.940.460.820.960.280.950.350.280.56-0.71-0.910.860.940.88-0.840.910.80.950.45-0.70.87
0.890.770.090.930.920.260.760.960.260.890.410.260.45-0.5-0.830.780.890.91-0.790.850.790.880.4-0.50.87
0.370.340.410.410.280.360.240.280.260.350.351.00.42-0.39-0.180.330.090.23-0.250.37-0.050.510.5-0.390.27
1.00.950.220.980.880.60.940.950.890.350.230.350.68-0.79-0.890.960.860.78-0.80.990.660.930.67-0.790.86
0.260.00.00.290.57-0.17-0.050.350.410.350.230.35-0.010.0-0.040.020.420.430.030.120.470.47-0.140.00.13
0.370.340.410.410.280.360.240.280.261.00.350.350.42-0.39-0.180.330.090.23-0.250.37-0.050.510.5-0.390.27
0.670.690.290.630.50.870.680.560.450.420.68-0.010.42-0.74-0.530.70.450.39-0.610.690.20.590.76-0.740.55
-0.8-0.75-0.32-0.71-0.6-0.89-0.73-0.71-0.5-0.39-0.790.0-0.39-0.740.75-0.82-0.66-0.460.68-0.8-0.38-0.77-0.621.0-0.61
-0.89-0.85-0.3-0.86-0.73-0.56-0.85-0.91-0.83-0.18-0.89-0.04-0.18-0.530.75-0.9-0.85-0.730.88-0.9-0.72-0.82-0.450.75-0.86
0.950.980.320.910.730.680.980.860.780.330.960.020.330.7-0.82-0.90.750.64-0.820.990.550.830.73-0.820.87
0.880.690.160.850.930.430.70.940.890.090.860.420.090.45-0.66-0.850.750.84-0.70.80.90.90.29-0.650.73
0.790.640.150.870.860.250.630.880.910.230.780.430.230.39-0.46-0.730.640.84-0.730.730.690.850.39-0.460.69
-0.8-0.8-0.27-0.82-0.62-0.55-0.8-0.84-0.79-0.25-0.80.03-0.25-0.610.680.88-0.82-0.7-0.73-0.83-0.55-0.73-0.540.68-0.83
0.980.980.290.960.80.630.970.910.850.370.990.120.370.69-0.8-0.90.990.80.73-0.830.590.880.72-0.80.88
0.670.470.240.640.790.180.490.80.79-0.050.660.47-0.050.2-0.38-0.720.550.90.69-0.550.590.7-0.04-0.380.58
0.940.790.260.940.930.530.750.950.880.510.930.470.510.59-0.77-0.820.830.90.85-0.730.880.70.53-0.760.77
0.660.80.270.680.380.670.780.450.40.50.67-0.140.50.76-0.62-0.450.730.290.39-0.540.72-0.040.53-0.620.47
-0.79-0.74-0.32-0.7-0.6-0.89-0.72-0.7-0.5-0.39-0.790.0-0.39-0.741.00.75-0.82-0.65-0.460.68-0.8-0.38-0.76-0.62-0.6
0.860.850.080.860.740.390.840.870.870.270.860.130.270.55-0.61-0.860.870.730.69-0.830.880.580.770.47-0.6
Click cells to compare fundamentals

General Mills Account Relationship Matchups

General Mills fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.8B31.8B31.1B31.5B36.2B38.0B
Short Long Term Debt Total13.5B12.6B11.6B11.7B13.5B14.1B
Other Current Liab1.6B1.8B(666.3M)1.6B1.8B971.6M
Total Current Liabilities7.5B8.3B8.0B7.5B8.7B9.1B
Total Stockholder Equity8.1B9.5B10.5B10.4B12.0B12.6B
Property Plant And Equipment Net3.6B3.6B3.4B3.6B4.2B2.9B
Net Debt11.9B11.1B11.1B11.1B12.8B13.4B
Retained Earnings16.0B17.1B18.5B19.8B22.8B24.0B
Accounts Payable3.2B3.7B4.0B4.2B4.8B5.1B
Cash1.7B1.5B569.4M585.5M673.3M459.7M
Non Current Assets Total25.7B26.1B26.0B26.3B30.2B31.7B
Non Currrent Assets Other1.1B1.3B316M1.2B1.0B1.1B
Cash And Short Term Investments1.7B1.5B569.4M585.5M673.3M460.1M
Net Receivables1.6B1.6B1.7B1.7B1.9B980.3M
Common Stock Shares Outstanding613.3M619.1M612.6M601.2M541.1M531.7M
Liabilities And Stockholders Equity30.8B31.8B31.1B31.5B36.2B38.0B
Non Current Liabilities Total14.4B13.2B12.3B13.2B15.2B16.0B
Inventory1.4B1.8B1.9B2.2B2.5B2.6B
Other Current Assets402.1M790.3M802.1M735.7M846.1M888.4M
Other Stockholder Equity(5.1B)(5.2B)(6.1B)(7.2B)(6.5B)(6.1B)
Total Liab21.9B21.5B20.3B20.8B23.9B25.1B
Property Plant And Equipment Gross3.9B4.0B3.4B10.9B12.5B13.2B
Total Current Assets5.1B5.8B5.1B5.2B6.0B6.3B
Accumulated Other Comprehensive Income(2.9B)(2.4B)(2.0B)(2.3B)(2.0B)(1.9B)
Short Term Debt2.6B2.8B2.5B1.7B2.0B1.5B
Intangible Assets7.1B7.2B7.0B7.0B8.0B4.6B
Good Will13.9B14.1B14.4B14.5B16.7B17.5B
Short Term Investments5M360M249.8M117.2M134.8M141.5M
Other Liab3.2B3.1B3.1B3.3B3.7B2.3B
Other Assets153.9M322.6M1.2B358.3M322.5M583.5M
Long Term Debt10.9B9.8B9.1B10.0B11.5B7.3B
Treasury Stock(6.8B)(6.4B)(6.6B)(8.4B)(7.6B)(7.9B)
Property Plant Equipment3.6B4.0B3.4B3.6B4.2B3.6B
Net Tangible Assets(12.4B)(11.7B)(10.8B)(11.0B)(9.9B)(10.4B)
Noncontrolling Interest In Consolidated Entity313.2M291M302.8M250.4M288.0M343.8M
Retained Earnings Total Equity15.0B16.0B17.1B19.8B22.8B13.5B
Long Term Debt Total10.9B9.8B9.1B10.0B11.5B9.3B

General Mills Investors Sentiment

The influence of General Mills' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in General. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to General Mills' public news can be used to forecast risks associated with an investment in General. The trend in average sentiment can be used to explain how an investor holding General can time the market purely based on public headlines and social activities around General Mills. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
General Mills' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for General Mills' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average General Mills' news discussions. The higher the estimated score, the more favorable is the investor's outlook on General Mills.

General Mills Implied Volatility

    
  35.5  
General Mills' implied volatility exposes the market's sentiment of General Mills stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if General Mills' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that General Mills stock will not fluctuate a lot when General Mills' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards General Mills in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, General Mills' short interest history, or implied volatility extrapolated from General Mills options trading.

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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:
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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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
4.36
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.