General Long Term Debt vs Intangible Assets 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 Long Term Debt and its Intangible Assets 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between General Mills' Long Term Debt and Intangible Assets is 0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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' Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of General Mills are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., General Mills' Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that General Mills has held for over one year. Long-term debt appears on General Mills balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on General Mills balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

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

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

Interest Expense Depreciation And Amortization

General Mills fundamental ratios 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

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General Mills Account Relationship Matchups

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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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?

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.

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General Long Term Debt vs Intangible Assets Analysis

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Intangible Assets

General Mills fundamental ratios Correlations

General Mills Account Relationship Matchups

High Positive Relationship

High Negative Relationship

General Mills fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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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