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. 2022 was $ -87 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Feb. 2022 was $-378 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. 2022 was $ 652 Mil. General Mills's Interest Expense for the
three
months ended in Feb. 2022 was $ -87 Mil.
General Mills's Interest Coverage for the quarter that ended in Feb. 2022 was 7.54.
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 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-378 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. 2022 was $-87 Mil. Its
Operating Income
for the
three
months ended in Feb. 2022 was $652 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Feb. 2022 was $10,945 Mil.
General Mills's Interest Coverage for the quarter that ended in Feb. 2022 is calculated as
* 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 Business Description
Traded in Other Exchanges
Address
Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.
Executives
| Walker Sean N |
officer: Group President |
NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
| Church John R |
officer: Chief SC & GBS Officer |
ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
| Nudi Jonathon |
officer: Group President |
GENERAL MILLS, INC. ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
| Henry Maria |
director |
C/O THE HILLSHIRE BRANDS COMPANY 3500 LACEY ROAD DOWNERS GROVE IL 60515 |
| Neal Diane L |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: NEAL DIANE L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Jenkins Jo Ann |
director |
2211 SOUTH 47TH STREET PHOENIX AZ 85034 |
| Lempres Elizabeth Cahill |
director |
TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3600 PHILADELPHIA PA 19103 |
| Uribe Jorge A. |
director |
5 WESTBROOK CORPORATE CENTER WESTCHESTER IL 60154 |
| Cordani David |
director |
CIGNA CORPORATION 900 COTTAGE GROVE ROAD BLOOMFIELD CT 06002 |
| Odland Stephen A |
director |
ONE GENERAL MILLS BLVD M03-08 MINNEAPOLIS MN 55426 |
| Clark R Kerry |
director |
C/O THE PROCTER & GAMBLE COMPANY ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202 |
| Sastre Maria |
director |
C/O DARDEN RESTAURANTS, INC. 1000 DARDEN CENTER DRIVE ORLANDO FL 32837 |
| Sprunk Eric D |
director |
ONE BOWERMAN DRIVE BEAVERTON OR 97005 |
| Ferguson Roger W. Jr. |
director |
INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019 |
| Ogrady Shawn P |
officer: Group President |
ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
General Mills Headlines
By tipranks.com 2022-03-25
By Seekingalpha 2022-01-09
By tipranks.com 2022-03-22
By Seekingalpha 2022-03-10
By tipranks.com 2022-03-24
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