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General Mills Cash-to-Debt

: 0.12 (As of May. 2020)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. General Mills's cash to debt ratio for the quarter that ended in May. 2020 was 0.12.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, General Mills couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2020.

NYSE:GIS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.07   Max: 0.47
Current: 0.12
0
0.47

During the past 13 years, General Mills's highest Cash to Debt Ratio was 0.47. The lowest was 0.00. And the median was 0.07.

NYSE:GIS's Cash-to-Debt is ranked lower than
76% of the 1601 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 0.41 vs. NYSE:GIS: 0.12 )

General Mills Cash-to-Debt 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
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 0.03 0.03 0.12

General Mills Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
Cash-to-Debt 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 0.03 0.04 0.04 0.05 0.12
Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

General Mills Cash-to-Debt Distribution

* The bar in red indicates where General Mills's Cash-to-Debt falls into.


General Mills Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

General Mills's Cash to Debt Ratio for the fiscal year that ended in May. 2020 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=1677.8 / (2712.5 + 11206)
=0.12

General Mills's Cash to Debt Ratio for the quarter that ended in May. 2020 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=1677.8 / (2712.5 + 11206)
=0.12

* 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) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

General Mills Cash-to-Debt Related Terms

General Mills Cash-to-Debt Headlines

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