General Return On Assets vs Non Current Liabilities Total Analysis
GIS Stock | USD 70.65 0.66 0.94% |
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 Return On Assets and its Non Current Liabilities Total 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.
Return On Assets vs Non Current Liabilities Total
Return On Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Return On Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between General Mills' Return On Assets and Non Current Liabilities Total is -0.48. Overlapping area represents the amount of variation of Return On Assets that can explain the historical movement of Non Current Liabilities Total 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' Return On Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Return On Assets of General Mills are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Return On Assets i.e., General Mills' Return On Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Non Current Liabilities Total
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 2.7 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 |
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 | 71.47 |
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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Try AI Portfolio ArchitectCheck 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market 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 4.36 | 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.