General Mills, Inc. logo
General Mills, Inc. (GIS)
Compare

General Mills, Inc. (GIS) Quick Ratio (Acid-Test): 0.43

Is General Mills, Inc.’s quick ratio (acid-test) high or low?

General Mills, Inc.'s quick ratio (acid-test) of 0.43 is in line with its 5-year average of 0.43, around the middle of its 5-year range (0.38–0.49).

The quick ratio (acid-test) for General Mills, Inc. (GIS) is 0.43 as of Wednesday, June 10, 2026. It is above its 12-month average by 6.17% (0.41).

GIS Quick Ratio (Acid-Test) Chart

GIS Quick Ratio (Acid-Test)
0.43+13.16% 1Y
Zoom

GIS Average Quick Ratio (Acid-Test) Chart

GIS Current vs Average Quick Ratio (Acid-Test) Chart

GIS Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.43

QUICK RATIO (ACID-TEST) AVG TTM

0.41

QUICK RATIO (ACID-TEST) AVG 3Y

0.40

QUICK RATIO (ACID-TEST) AVG 5Y

0.43

QUICK RATIO (ACID-TEST) AVG 10Y

0.43

QUICK RATIO (ACID-TEST) AVG 15Y

0.47

QUICK RATIO (ACID-TEST) AVG 20Y

0.46

CURRENT VS TTM AVG

+6.17%

CURRENT VS 3Y AVG

+6.83%

CURRENT VS 5Y AVG

+0.00%

CURRENT VS 10Y AVG

+0.42%

CURRENT VS 15Y AVG

-8.63%

CURRENT VS 20Y AVG

-7.10%

GIS Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
General Mills, Inc. (GIS)0.430.410.400.43
Dollar Tree, Inc. (DLTR)$21.29B0.290.520.600.47
Hormel Foods Corporation (HRL)$13.38B1.201.191.101.20
McCormick & Company, Incorporated (MKC)$13.25B0.280.300.290.30
Church & Dwight Co., Inc. (CHD)$23.34B0.710.970.800.67
The J. M. Smucker Company (SJM)$12.45B0.330.340.470.45
The Clorox Company (CLX)$12.08B0.570.600.580.66
Dollar General Corporation (DG)$24.02B0.220.210.180.17
Constellation Brands, Inc. (STZ)$24.31B0.550.560.550.70
Celsius Holdings, Inc. (CELH)$7.43B1.372.313.202.73

Liquidity Comparison

Quick Ratio

0.43

Excludes inventory

Current Ratio

0.67

Includes inventory

General Mills, Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

General Mills, Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for General Mills, Inc. (GIS)?
The quick ratio (acid-test) for GIS stock is 0.43.
Is General Mills, Inc.'s quick ratio (acid-test) high or low?
General Mills, Inc.'s quick ratio (acid-test) of 0.43 is in line with its 5-year average of 0.43, around the middle of its 5-year range (0.38–0.49).
What is the TTM average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The TTM average quick ratio (acid-test) for GIS stock is 0.41.
What is the 3Y average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The 3Y average quick ratio (acid-test) for GIS stock is 0.40.
What is the 5Y average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The 5Y average quick ratio (acid-test) for GIS stock is 0.43.
What is the 10Y average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The 10Y average quick ratio (acid-test) for GIS stock is 0.43.
What is the 15Y average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The 15Y average quick ratio (acid-test) for GIS stock is 0.47.
What is the 20Y average quick ratio (acid-test) for General Mills, Inc. (GIS)?
The 20Y average quick ratio (acid-test) for GIS stock is 0.46.

General Mills, Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-05-250.43
2024-05-260.38
2023-05-280.40
2022-05-290.40
2021-05-300.48
2020-05-310.49
2019-05-310.37
2018-05-310.34
2017-05-310.48
2016-05-310.50
2015-05-310.44
2014-05-310.52
2013-05-310.52
2012-05-310.58
2011-05-310.63
2010-05-310.57
2009-05-310.61
2008-05-310.46
2007-05-310.32
2006-05-310.32
2005-05-310.48
2004-05-310.78
2003-05-310.61
2002-05-310.41
2001-05-310.40
2000-05-310.27
1999-05-310.40
1998-05-310.45
1997-05-310.50
1996-05-310.50

About General Mills, Inc.

General Mills, Inc. functions as a prominent global producer and vendor of well-known consumer food brands. The company structures its widespread operations into five main divisions: North American retail, convenience stores and foodservice providers, Europe and Australia, Asia and Latin America, and a dedicated pet segment. Their broad catalog of products features a diverse range of items for consumers. This includes breakfast cereals, chilled yogurts, various soups, and ready-to-prepare meal kits. The offering also extends to refrigerated and frozen dough items, baking and dessert mixes, flours for culinary use, frozen pizzas and pizza snacks, along with an assortment of snack bars, fruit snacks, savory and grain snacks, and ice cream. For health-conscious consumers, they provide nutrition bars and wellness beverages, in addition to organic frozen and shelf-stable vegetables. Beyond direct consumer sales, General Mills supplies both branded and unbranded food goods to the North American foodservice sector and commercial bakeries. Furthermore, they are a significant participant in the pet food industry, manufacturing a variety of dog and cat food products. The company markets its merchandise under an extensive collection of trademarks, such as: Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait. General Mills distributes its products through a vast network, utilizing both direct sales and arrangements with brokers and distributors. Their reach encompasses a wide array of sales points, including traditional grocery stores, large-scale mass merchandisers, membership clubs, natural food retailers, online marketplaces, various commercial and non-commercial foodservice distributors and operators, restaurants, convenience stores, specialized pet stores, as well as drug, dollar, and discount retail chains. Complementing its extensive business, the corporation also oversees 466 leased and 392 franchised ice cream parlors. General Mills, Inc., established in 1866, maintains its corporate headquarters in Minneapolis, Minnesota.

Minneapolis, MN
34,000 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Jeffrey L. Harmening