General Short Term Investments vs Accounts Payable 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 Short Term Investments and its Accounts Payable 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.
Short Term Investments vs Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between General Mills' Short Term Investments and Accounts Payable is 0.59. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable 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' Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of General Mills are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., General Mills' Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of General Mills balance sheet. It contains any investments General Mills undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that General Mills can easily liquidate in the marketplace.Accounts Payable
An accounting item on the balance sheet that represents General Mills obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of General Mills are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for General Stock analysis
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.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
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.