General Operating Income vs Cost Of Revenue Analysis

GIS Stock

USD 66.26 0.03 0.05%

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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Mills Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between General Mills' Operating Income and Cost Of Revenue is 0.9. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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' Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of General Mills are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., General Mills' Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from General Mills operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of General Mills is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on General Mills income statement and represents the costs associated with goods and services General Mills provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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	0.82	-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	0.82	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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC