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General Mills Interest Expense

: $-467 Mil (TTM As of May. 2020)
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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 May. 2020 was $ -119 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2020 was $-467 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 May. 2020 was $ 841 Mil. General Mills's Interest Expense for the three months ended in May. 2020 was $ -119 Mil. General Mills's Interest Coverage for the quarter that ended in May. 2020 was 7.09. 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

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

General Mills Annual Data
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
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 -124.80 -118.70 -119.40 -109.80 -118.60

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 May. 2020 was -118.7 (Aug. 2019 ) + -119.4 (Nov. 2019 ) + -109.8 (Feb. 2020 ) + -118.6 (May. 2020 ) = $-467 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 May. 2020 was $-119 Mil. Its Operating Income for the three months ended in May. 2020 was $841 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2020 was $11,206 Mil.

General Mills's Interest Coverage for the quarter that ended in May. 2020 is calculated as

Interest Coverage=-1*Operating Income (Q: May. 2020 )/Interest Expense (Q: May. 2020 )
=-1*841/-118.6
=7.09

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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

General Mills Interest Expense Headlines

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