General Net Borrowings from 2010 to 2024

GIS Stock  USD 65.53  0.53  0.82%   
General Mills Net Borrowings yearly trend continues to be comparatively stable with very little volatility. Net Borrowings will likely drop to about 114.1 M in 2024. Net Borrowings is the difference between the amount of new debt General Mills has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2009-08-31
Previous Quarter
551.8 M
Current Value
315.1 M
Quarterly Volatility
B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check General Mills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Mills' main balance sheet or income statement drivers, such as Depreciation And Amortization of 408 M, Interest Expense of 522.9 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0309 or PTB Ratio of 4.79. General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.
  
Check out the analysis of General Mills Correlation against competitors.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.

Latest General Mills' Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of General Mills over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. General Mills' Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in General Mills' overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Very volatile
   Net Borrowings   
       Timeline  

General Net Borrowings Regression Statistics

Arithmetic Mean314,874,467
Geometric Mean535,853,005
Coefficient Of Variation567.47
Mean Deviation1,006,737,022
Median120,060,000
Standard Deviation1,786,823,450
Sample Variance3192738T
Range7.5B
R-Value(0.07)
Mean Square Error3420098.1T
R-Squared0.01
Significance0.80
Slope(29,096,932)
Total Sum of Squares44698332.6T

General Net Borrowings History

2024114.1 M
2023120.1 M
2022133.4 M
2021-385.8 M
2020-960.8 M
2019-917.2 M
2018-1.2 B

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Net Borrowings, to determine how well the company is positioned to perform in the future. Although General Mills investors may analyze each financial statement separately, they are all interrelated. The changes in General Mills' assets and liabilities, for example, are also reflected in the revenues and expenses on on General Mills' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Borrowings120.1 M114.1 M

Thematic Opportunities

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Additional 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.