• General Mills average current ratio for 2023 was 0.65, a 1.56% decline from 2022.
• General Mills average current ratio for 2022 was 0.64, a 15.79% increase from 2021.
• General Mills average current ratio for 2021 was 0.76, a 8.57% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.