General Short Term Debt vs Cash And Equivalents Analysis

GIS Stock

USD 64.12 0.32 0.50%

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 Debt and its Cash And Equivalents 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 closely tied 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 Debt vs Cash And Equivalents

Short Term Debt vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Short Term Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have almost no relationship.

The correlation between General Mills' Short Term Debt and Cash And Equivalents is 0.11. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Equivalents 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 Debt and Cash And Equivalents 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 Debt of General Mills are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Short Term Debt i.e., General Mills' Short Term Debt and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Cash And 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 closely tied 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' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Tax Provision is likely to drop slightly above 585.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	383.4M	396.1M	498M	522.9M
Depreciation And Amortization	570.3M	546.6M	552.7M	408.0M

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		0.8	0.59	0.97	0.71	0.79	0.77	0.69	0.66	0.47	0.84	0.07	0.47	0.95	-0.74	-0.55	0.79	0.89	0.54	-0.55	0.98	0.24	0.92	0.83	-0.74	0.56
Short Long Term Debt Total	0.8		0.48	0.8	0.71	0.63	0.99	0.84	0.79	0.31	0.96	-0.09	0.31	0.68	-0.75	-0.86	0.99	0.57	0.44	-0.77	0.85	0.47	0.62	0.78	-0.74	0.49
Other Current Liab	0.59	0.48		0.66	0.31	0.58	0.43	0.39	0.35	0.52	0.48	-0.02	0.52	0.48	-0.54	-0.42	0.47	0.5	0.66	-0.37	0.61	0.02	0.66	0.64	-0.54	0.34
Total Current Liabilities	0.97	0.8	0.66		0.72	0.67	0.76	0.71	0.73	0.52	0.83	0.11	0.52	0.88	-0.65	-0.55	0.77	0.84	0.67	-0.57	0.96	0.21	0.92	0.86	-0.65	0.58
Total Stockholder Equity	0.71	0.71	0.31	0.72		0.43	0.69	0.9	0.89	0.33	0.87	0.47	0.33	0.67	-0.65	-0.63	0.72	0.7	0.48	-0.66	0.63	0.65	0.71	0.51	-0.65	0.14
Property Plant And Equipment Net	0.79	0.63	0.58	0.67	0.43		0.61	0.51	0.31	0.31	0.66	-0.17	0.31	0.82	-0.89	-0.56	0.7	0.75	0.28	-0.46	0.79	0.21	0.73	0.63	-0.89	0.36
Net Debt	0.77	0.99	0.43	0.76	0.69	0.61		0.84	0.79	0.2	0.95	-0.14	0.2	0.66	-0.73	-0.87	0.98	0.56	0.41	-0.79	0.82	0.5	0.56	0.75	-0.72	0.45
Retained Earnings	0.69	0.84	0.39	0.71	0.9	0.51	0.84		0.95	0.26	0.93	0.21	0.26	0.65	-0.73	-0.89	0.87	0.64	0.44	-0.92	0.68	0.76	0.63	0.49	-0.73	0.19
Accounts Payable	0.66	0.79	0.35	0.73	0.89	0.31	0.79	0.95		0.27	0.87	0.28	0.27	0.59	-0.53	-0.78	0.79	0.59	0.49	-0.86	0.65	0.7	0.6	0.48	-0.52	0.23
Cash	0.47	0.31	0.52	0.52	0.33	0.31	0.2	0.26	0.27		0.35	0.39	1.0	0.31	-0.37	-0.15	0.3	0.25	0.34	-0.09	0.44	-0.12	0.68	0.51	-0.37	0.45
Non Current Assets Total	0.84	0.96	0.48	0.83	0.87	0.66	0.95	0.93	0.87	0.35		0.1	0.35	0.75	-0.82	-0.85	0.97	0.69	0.49	-0.79	0.84	0.57	0.73	0.73	-0.82	0.4
Non Currrent Assets Other	0.07	-0.09	-0.02	0.11	0.47	-0.17	-0.14	0.21	0.28	0.39	0.1		0.39	0.08	0.05	0.14	-0.09	0.18	0.02	0.04	-0.06	0.3	0.28	-0.09	0.05	-0.3
Cash And Short Term Investments	0.47	0.31	0.52	0.52	0.33	0.31	0.2	0.26	0.27	1.0	0.35	0.39		0.31	-0.37	-0.15	0.3	0.25	0.34	-0.09	0.44	-0.12	0.68	0.51	-0.37	0.45
Net Receivables	0.95	0.68	0.48	0.88	0.67	0.82	0.66	0.65	0.59	0.31	0.75	0.08	0.31		-0.72	-0.49	0.7	0.95	0.36	-0.53	0.92	0.34	0.87	0.66	-0.71	0.36
Common Stock Total Equity	-0.74	-0.75	-0.54	-0.65	-0.65	-0.89	-0.73	-0.73	-0.53	-0.37	-0.82	0.05	-0.37	-0.72		0.77	-0.83	-0.68	-0.37	0.63	-0.73	-0.4	-0.71	-0.6	1.0	-0.38
Common Stock Shares Outstanding	-0.55	-0.86	-0.42	-0.55	-0.63	-0.56	-0.87	-0.89	-0.78	-0.15	-0.85	0.14	-0.15	-0.49	0.77		-0.9	-0.44	-0.34	0.93	-0.61	-0.66	-0.43	-0.46	0.77	-0.29
Non Current Liabilities Total	0.79	0.99	0.47	0.77	0.72	0.7	0.98	0.87	0.79	0.3	0.97	-0.09	0.3	0.7	-0.83	-0.9		0.6	0.39	-0.8	0.84	0.53	0.63	0.72	-0.83	0.46
Inventory	0.89	0.57	0.5	0.84	0.7	0.75	0.56	0.64	0.59	0.25	0.69	0.18	0.25	0.95	-0.68	-0.44	0.6		0.44	-0.52	0.82	0.35	0.87	0.59	-0.68	0.27
Other Current Assets	0.54	0.44	0.66	0.67	0.48	0.28	0.41	0.44	0.49	0.34	0.49	0.02	0.34	0.36	-0.37	-0.34	0.39	0.44		-0.34	0.52	-0.13	0.59	0.66	-0.37	0.55
Other Stockholder Equity	-0.55	-0.77	-0.37	-0.57	-0.66	-0.46	-0.79	-0.92	-0.86	-0.09	-0.79	0.04	-0.09	-0.53	0.63	0.93	-0.8	-0.52	-0.34		-0.59	-0.77	-0.43	-0.35	0.62	-0.13
Total Liab	0.98	0.85	0.61	0.96	0.63	0.79	0.82	0.68	0.65	0.44	0.84	-0.06	0.44	0.92	-0.73	-0.61	0.84	0.82	0.52	-0.59		0.21	0.87	0.85	-0.73	0.61
Property Plant And Equipment Gross	0.24	0.47	0.02	0.21	0.65	0.21	0.5	0.76	0.7	-0.12	0.57	0.3	-0.12	0.34	-0.4	-0.66	0.53	0.35	-0.13	-0.77	0.21		0.16	-0.06	-0.39	-0.42
Total Current Assets	0.92	0.62	0.66	0.92	0.71	0.73	0.56	0.63	0.6	0.68	0.73	0.28	0.68	0.87	-0.71	-0.43	0.63	0.87	0.59	-0.43	0.87	0.16		0.76	-0.71	0.5
Short Term Debt	0.83	0.78	0.64	0.86	0.51	0.63	0.75	0.49	0.48	0.51	0.73	-0.09	0.51	0.66	-0.6	-0.46	0.72	0.59	0.66	-0.35	0.85	-0.06	0.76		-0.6	0.66
Common Stock	-0.74	-0.74	-0.54	-0.65	-0.65	-0.89	-0.72	-0.73	-0.52	-0.37	-0.82	0.05	-0.37	-0.71	1.0	0.77	-0.83	-0.68	-0.37	0.62	-0.73	-0.39	-0.71	-0.6		-0.38
Current Deferred Revenue	0.56	0.49	0.34	0.58	0.14	0.36	0.45	0.19	0.23	0.45	0.4	-0.3	0.45	0.36	-0.38	-0.29	0.46	0.27	0.55	-0.13	0.61	-0.42	0.5	0.66	-0.38

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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	31.5B	16.0B
Short Long Term Debt Total	13.5B	12.6B	11.6B	11.7B	13.3B	14.0B
Other Current Liab	1.6B	1.6B	1.4B	1.4B	1.2B	1.0B
Total Current Liabilities	7.5B	8.3B	8.0B	7.5B	7.0B	4.1B
Total Stockholder Equity	8.1B	9.5B	10.5B	10.4B	9.4B	9.9B
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	12.9B	13.5B
Retained Earnings	16.0B	17.1B	18.5B	19.8B	21.0B	22.0B
Accounts Payable	3.2B	3.7B	4.0B	4.2B	4.0B	4.2B
Cash	1.7B	1.5B	569.4M	585.5M	418M	459.7M
Non Current Assets Total	25.7B	26.1B	26.0B	26.3B	26.9B	28.2B
Non Currrent Assets Other	1.1B	1.3B	316M	1.2B	363M	364.5M
Cash And Short Term Investments	1.7B	1.5B	569.4M	585.5M	418M	460.1M
Net Receivables	1.6B	1.6B	1.7B	2.0B	1.9B	1.0B
Common Stock Shares Outstanding	613.3M	619.1M	612.6M	601.2M	579.5M	530.1M
Liabilities And Stockholders Equity	30.8B	31.8B	31.1B	31.5B	31.5B	16.0B
Non Current Liabilities Total	14.4B	13.2B	12.3B	13.2B	14.8B	15.5B
Inventory	1.4B	1.8B	1.9B	2.2B	1.9B	1.1B
Other Current Assets	402.1M	652M	924.7M	285.4M	326.1M	342.8M
Other Stockholder Equity	(5.1B)	(5.2B)	(6.1B)	(7.2B)	(9.1B)	(8.7B)
Total Liab	21.9B	21.5B	20.3B	20.8B	21.8B	11.2B
Property Plant And Equipment Gross	3.9B	4.0B	3.4B	10.9B	11.5B	12.0B
Total Current Assets	5.1B	5.8B	5.1B	5.2B	4.6B	3.0B
Accumulated Other Comprehensive Income	(2.9B)	(2.4B)	(2.0B)	(2.3B)	(2.5B)	(2.4B)
Short Term Debt	2.6B	2.9B	2.6B	1.8B	1.7B	1.5B
Intangible Assets	7.1B	7.2B	7.0B	7.0B	7.0B	4.7B
Good Will	13.9B	14.1B	14.4B	14.5B	14.8B	8.2B
Short Term Investments	7.1M	6.7M	5M	360M	249.8M	117.2M
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	11.3B	7.5B
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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