General Mills Inc (GIS) — Working Capital to Net Assets Ratio
General Mills Inc (GIS) has a Working Capital to Net Assets ratio of -40.6% as of February 2026. Working capital of $-3.80 Billion (current assets of $4.89 Billion minus current liabilities of $8.69 Billion) is measured against net assets of $9.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See General Mills Inc (GIS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
General Mills Inc Working Capital to Net Assets (1984–2025)
This chart shows how General Mills Inc's Working Capital to Net Assets ratio has evolved across 42 annual periods from 1984 to 2025. As of February 2026, the ratio stands at -40.6%, reflecting working capital of $-3.80 Billion against net assets of $9.36 Billion USD. See General Mills Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for General Mills Inc (1984–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for General Mills Inc from 1984 to 2025, covering 42 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GIS market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -28.0% | $-2.58 Billion | $9.21 Billion | $5.28 Billion | $7.86 Billion | ▼ -2.6 pp |
| 2024 | -25.4% | $-2.45 Billion | $9.65 Billion | $4.58 Billion | $7.03 Billion | ▼ -3.4 pp |
| 2023 | -22.0% | $-2.36 Billion | $10.70 Billion | $5.18 Billion | $7.54 Billion | ▲ +5.1 pp |
| 2022 | -27.2% | $-2.93 Billion | $10.79 Billion | $5.09 Billion | $8.02 Billion | ▼ -3.0 pp |
| 2021 | -24.2% | $-2.51 Billion | $10.38 Billion | $5.75 Billion | $8.27 Billion | ▲ +2.5 pp |
| 2020 | -26.6% | $-2.37 Billion | $8.89 Billion | $5.12 Billion | $7.49 Billion | ▲ +10.0 pp |
| 2019 | -36.6% | $-2.90 Billion | $7.92 Billion | $4.19 Billion | $7.09 Billion | ▲ +7.6 pp |
| 2018 | -44.3% | $-3.22 Billion | $7.27 Billion | $4.12 Billion | $7.34 Billion | ▼ -21.6 pp |
| 2017 | -22.7% | $-1.27 Billion | $5.60 Billion | $4.06 Billion | $5.33 Billion | ▼ -5.2 pp |
| 2016 | -17.5% | $-1.08 Billion | $6.15 Billion | $3.94 Billion | $5.01 Billion | ▲ +2.0 pp |
| 2015 | -19.5% | $-1.20 Billion | $6.17 Billion | $3.69 Billion | $4.89 Billion | ▼ -6.6 pp |
| 2014 | -12.9% | $-1.03 Billion | $7.99 Billion | $4.39 Billion | $5.42 Billion | ▼ -0.6 pp |
| 2013 | -12.3% | $-995.00 Million | $8.10 Billion | $4.30 Billion | $5.29 Billion | ▼ -10.3 pp |
| 2012 | -2.0% | $-151.80 Million | $7.73 Billion | $3.69 Billion | $3.84 Billion | ▼ -5.6 pp |
| 2011 | 3.7% | $242.80 Million | $6.61 Billion | $3.90 Billion | $3.66 Billion | ▲ +8.8 pp |
| 2010 | -5.1% | $-289.10 Million | $5.65 Billion | $3.48 Billion | $3.77 Billion | ▼ -3.8 pp |
| 2009 | -1.3% | $-71.10 Million | $5.42 Billion | $3.53 Billion | $3.61 Billion | ▲ +17.8 pp |
| 2008 | -19.1% | $-1.24 Billion | $6.46 Billion | $3.62 Billion | $4.86 Billion | ▲ +24.1 pp |
| 2007 | -43.2% | $-2.79 Billion | $6.46 Billion | $3.05 Billion | $5.85 Billion | ▲ +1.6 pp |
| 2006 | -44.8% | $-3.10 Billion | $6.91 Billion | $3.04 Billion | $6.14 Billion | ▼ -28.3 pp |
| 2005 | -16.6% | $-1.13 Billion | $6.81 Billion | $3.06 Billion | $4.18 Billion | ▼ -24.8 pp |
| 2004 | 8.3% | $458.00 Million | $5.55 Billion | $3.21 Billion | $2.76 Billion | ▲ +14.2 pp |
| 2003 | -5.9% | $-265.00 Million | $4.47 Billion | $3.18 Billion | $3.44 Billion | ▲ +56.0 pp |
| 2002 | -61.9% | $-2.31 Billion | $3.73 Billion | $3.44 Billion | $5.75 Billion | ▲ +1478.4 pp |
| 2001 | -1540.4% | $-801.00 Million | $52.00 Million | $1.41 Billion | $2.21 Billion | ▼ -2003.7 pp |
| 2000 | 463.3% | $-1.34 Billion | $-289.00 Million | $1.19 Billion | $2.53 Billion | ▲ +827.4 pp |
| 1999 | -364.1% | $-597.80 Million | $164.20 Million | $1.10 Billion | $1.70 Billion | ▼ -149.3 pp |
| 1998 | -214.7% | $-408.40 Million | $190.20 Million | $1.04 Billion | $1.44 Billion | ▼ -157.9 pp |
| 1997 | -56.9% | $-281.20 Million | $494.60 Million | $1.01 Billion | $1.29 Billion | ▲ +7.1 pp |
| 1996 | -64.0% | $-196.80 Million | $307.70 Million | $995.10 Million | $1.19 Billion | ▲ +165.8 pp |
| 1995 | -229.8% | $-324.00 Million | $141.00 Million | $896.90 Million | $1.22 Billion | ▼ -168.7 pp |
| 1994 | -61.1% | $-702.90 Million | $1.15 Billion | $1.13 Billion | $1.83 Billion | ▼ -21.5 pp |
| 1993 | -39.5% | $-481.90 Million | $1.22 Billion | $1.08 Billion | $1.56 Billion | ▼ -15.0 pp |
| 1992 | -24.6% | $-337.10 Million | $1.37 Billion | $1.03 Billion | $1.37 Billion | ▼ -7.5 pp |
| 1991 | -17.1% | $-190.10 Million | $1.11 Billion | $1.08 Billion | $1.27 Billion | ▲ +15.4 pp |
| 1990 | -32.5% | $-263.10 Million | $809.70 Million | $910.10 Million | $1.17 Billion | ▼ -5.6 pp |
| 1989 | -26.9% | $-197.10 Million | $731.90 Million | $841.30 Million | $1.04 Billion | ▲ +4.8 pp |
| 1988 | -31.7% | $-205.50 Million | $648.50 Million | $985.90 Million | $1.19 Billion | ▼ -23.9 pp |
| 1987 | -7.8% | $-57.10 Million | $730.40 Million | $865.90 Million | $923.00 Million | ▼ -13.9 pp |
| 1986 | 6.1% | $41.60 Million | $682.50 Million | $804.40 Million | $762.80 Million | ▼ -16.4 pp |
| 1985 | 22.5% | $230.00 Million | $1.02 Billion | $1.29 Billion | $1.06 Billion | ▲ +2.4 pp |
| 1984 | 20.0% | $245.00 Million | $1.22 Billion | $1.39 Billion | $1.15 Billion | — |