General Mills (GIS) Current Deferred Tax Assets (2009 - 2016)
General Mills (GIS) reported Current Deferred Tax Assets of $86.2 million for fiscal Q3 2016 (quarter ended Feb 28, 2016), down 28.6% from $120.7 million a year earlier and down 12.6% from the prior quarter.
General Mills (GIS) Current Deferred Tax Assets (2009 - 2016) Analysis & Trends
At the end of FY2015 (ended May 31, 2015), General Mills posted Current Deferred Tax Assets of $100.1 million, up 35.1% from FY2014.
- Current Deferred Tax Assets has a five-year compound annual growth rate of 18.6% (FY2010 to FY2015).
- By fiscal year, Current Deferred Tax Assets came in at $74.1 million in FY2014 (-42.1%), $128 million in FY2013 (+114.4%), $59.7 million in FY2012 (+118.7%) and $27.3 million in FY2011 (-36.1%).
- The fiscal Q3 2016 figure ranks as the lowest quarterly Current Deferred Tax Assets since fiscal Q1 2015.
- Year over year, Current Deferred Tax Assets gained in four of the last eight quarters, with an average decline of 5.0%.
- The high point for year-over-year Current Deferred Tax Assets in five years was fiscal Q1 2013 (growth of 371.6%); the low point was fiscal Q4 2014 (a decline of 42.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2016 came in at $98.6 million (Q2 2016), $87.6 million (Q1 2016) and $100.1 million (Q4 2015).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2016 | 86.20 Mn |
| Nov 29, 2015 | 98.60 Mn |
| Aug 30, 2015 | 87.60 Mn |
| May 31, 2015 | 100.10 Mn |
| Feb 22, 2015 | 120.70 Mn |
| Nov 23, 2014 | 98.50 Mn |
| Aug 24, 2014 | 66.60 Mn |
| May 25, 2014 | 74.10 Mn |
| Feb 23, 2014 | 103.60 Mn |
| Nov 24, 2013 | 110.80 Mn |
| Aug 25, 2013 | 114.30 Mn |
| May 26, 2013 | 128.00 Mn |
| Feb 24, 2013 | 87.60 Mn |
| Nov 25, 2012 | 51.90 Mn |
| Aug 26, 2012 | 63.20 Mn |
| May 27, 2012 | 59.70 Mn |
| Feb 26, 2012 | 27.80 Mn |
| Nov 27, 2011 | 20.20 Mn |
| Aug 28, 2011 | 13.40 Mn |
| May 29, 2011 | 27.30 Mn |
General Mills Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=GIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "GIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=GIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();