Current Ratio
Updated 584h ago
Sector Performance
9th percentileGIS
0.56x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 0.56x means General Mills has only 56 cents in current assets (cash, receivables, inventory) for every dollar of short-term liabilities due within one year, signaling weak liquidity.
Against its sector peers, this ratio sits far below the sector median of 1.21x, placing the company in the 9th percentile — meaning 91% of peers have stronger current ratios. Trend data are unavailable: the year-over-year change, quarter-over-quarter change, and direction over the last eight quarters are all marked N/A, so no improvement or deterioration can be assessed from history. The combination of a very low current ratio with no trend information points to a liquidity risk that is present but cannot be evaluated for momentum, making it a cautionary factor. This metric supports the overall NEUTRAL verdict, as the poor liquidity level is a negative but the absence of trend data prevents a more bearish tilt.
Frequently Asked Questions
What does the Current Ratio tell investors about GIS?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are GIS's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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0.56x
Sector Median
1.20x
Sector Avg
2.57x
How GIS's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.