General Mills Inc (GIS) - Total Assets
Based on the latest financial reports, General Mills Inc (GIS) holds total assets worth $32.40 Billion USD as of February 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore General Mills Inc (GIS) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
General Mills Inc - Total Assets Trend (1984–2025)
This chart illustrates how General Mills Inc's total assets have evolved over time, based on quarterly financial data. See General Mills Inc net assets for net asset value and shareholders' equity analysis.
General Mills Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
General Mills Inc's total assets of $32.40 Billion consist of 16.0% current assets and 84.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $363.90 Million | 1.1% |
| Accounts Receivable | $1.94 Billion | 5.9% |
| Inventory | $1.91 Billion | 5.8% |
| Property, Plant & Equipment | $4.03 Billion | 12.2% |
| Intangible Assets | $7.08 Billion | 21.4% |
| Goodwill | $15.62 Billion | 47.2% |
Asset Composition Trend (1984–2025)
This chart illustrates how General Mills Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GIS company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: General Mills Inc's current assets represent 16.0% of total assets in 2025, a decrease from 48.6% in 1984.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2025, down from 2.3% in 1984.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 68.0% of total assets, an increase from 0.0% in 1984.
- Asset Diversification: The largest asset category is goodwill at 47.2% of total assets.
General Mills Inc Competitors by Total Assets
Key competitors of General Mills Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nestle S.A.
SW:NESN
|
Switzerland | CHF127.15 Billion |
|
ORKLA ADR/1 NK 625
F:OKL0
|
Germany | €88.70 Billion |
|
The Magnum Ice Cream Company N.V.
AS:MICC
|
Netherlands | €7.49 Billion |
|
Tingyi (Cayman Islands) Holding Corp
F:TYG
|
Germany | €54.94 Billion |
|
Premium Brands Holdings Corporation
TO:PBH
|
Canada | CA$7.34 Billion |
|
Unibel S.A
PA:UNBL
|
France | €4.09 Billion |
|
Bikaji Foods International Limited
NSE:BIKAJI
|
India | Rs22.40 Billion |
|
Bellring Brands LLC
NYSE:BRBR
|
USA | $1.03 Billion |
General Mills Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.56 | 0.67 | 0.70 |
| Quick Ratio | 0.36 | 0.44 | 0.48 |
| Cash Ratio | 0.09 | 0.07 | 0.00 |
| Working Capital | $-3.80 Billion | $-2.62 Billion | $-2.51 Billion |
General Mills Inc - Advanced Valuation Insights
This section examines the relationship between General Mills Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.93 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | $33.07 Billion |
| Market Capitalization | $18.42 Billion USD |
Valuation Analysis
Below Book Valuation: The market values General Mills Inc's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: General Mills Inc's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for General Mills Inc (1984–2025)
The table below shows the annual total assets of General Mills Inc from 1984 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $33.07 Billion | +5.09% |
| 2024-05-31 | $31.47 Billion | +0.06% |
| 2023-05-31 | $31.45 Billion | +1.16% |
| 2022-05-31 | $31.09 Billion | -2.36% |
| 2021-05-31 | $31.84 Billion | +3.36% |
| 2020-05-31 | $30.81 Billion | +2.31% |
| 2019-05-31 | $30.11 Billion | -1.67% |
| 2018-05-31 | $30.62 Billion | +40.40% |
| 2017-05-31 | $21.81 Billion | +0.46% |
| 2016-05-31 | $21.71 Billion | -0.55% |
| 2015-05-31 | $21.83 Billion | -5.68% |
| 2014-05-31 | $23.15 Billion | +2.15% |
| 2013-05-31 | $22.66 Billion | +7.40% |
| 2012-05-31 | $21.10 Billion | +12.97% |
| 2011-05-31 | $18.67 Billion | +5.63% |
| 2010-05-31 | $17.68 Billion | -1.10% |
| 2009-05-31 | $17.87 Billion | -6.13% |
| 2008-05-31 | $19.04 Billion | +4.72% |
| 2007-05-31 | $18.18 Billion | +0.60% |
| 2006-05-31 | $18.07 Billion | +0.05% |
| 2005-05-31 | $18.07 Billion | -2.07% |
| 2004-05-31 | $18.45 Billion | +1.21% |
| 2003-05-31 | $18.23 Billion | +10.20% |
| 2002-05-31 | $16.54 Billion | +224.89% |
| 2001-05-31 | $5.09 Billion | +11.30% |
| 2000-05-31 | $4.57 Billion | +10.46% |
| 1999-05-31 | $4.14 Billion | +7.23% |
| 1998-05-31 | $3.86 Billion | -1.05% |
| 1997-05-31 | $3.90 Billion | +18.44% |
| 1996-05-31 | $3.29 Billion | -1.89% |
| 1995-05-31 | $3.36 Billion | -35.40% |
| 1994-05-31 | $5.20 Billion | +11.77% |
| 1993-05-31 | $4.65 Billion | +8.03% |
| 1992-05-31 | $4.30 Billion | +10.33% |
| 1991-05-31 | $3.90 Billion | +18.61% |
| 1990-05-31 | $3.29 Billion | +13.90% |
| 1989-05-31 | $2.89 Billion | +8.09% |
| 1988-05-31 | $2.67 Billion | +17.17% |
| 1987-05-31 | $2.28 Billion | +9.31% |
| 1986-05-31 | $2.09 Billion | -21.66% |
| 1985-05-31 | $2.66 Billion | -6.82% |
| 1984-05-31 | $2.86 Billion | -- |
About General Mills Inc
General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, f… Read more