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General Mills Interest Expense

: $-436 Mil (TTM As of Feb. 2021)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. General Mills's interest expense for the three months ended in Feb. 2021 was $ -106 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2021 was $-436 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. General Mills's Operating Income for the three months ended in Feb. 2021 was $ 838 Mil. General Mills's Interest Expense for the three months ended in Feb. 2021 was $ -106 Mil. General Mills's Interest Coverage for the quarter that ended in Feb. 2021 was 7.90. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


General Mills Interest Expense Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Mills Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -311.90 -302.10 -385.40 -527.40 -472.50

General Mills Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -109.80 -118.60 -111.10 -100.60 -106.00

General Mills Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2021 was -118.6 (May. 2020 ) + -111.1 (Aug. 2020 ) + -100.6 (Nov. 2020 ) + -106 (Feb. 2021 ) = $-436 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General Mills  (NYSE:GIS) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

General Mills's Interest Expense for the three months ended in Feb. 2021 was $-106 Mil. Its Operating Income for the three months ended in Feb. 2021 was $838 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2021 was $9,767 Mil.

General Mills's Interest Coverage for the quarter that ended in Feb. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2021 )/Interest Expense (Q: Feb. 2021 )
=-1*837.6/-106
=7.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


General Mills Interest Expense Headlines

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