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General Mills Debt-to-Equity

: 1.56 (As of Feb. 2021)
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General Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2021 was $4,084 Mil. General Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2021 was $9,767 Mil. General Mills's Total Stockholders Equity for the quarter that ended in Feb. 2021 was $8,890 Mil. General Mills's debt to equity for the quarter that ended in Feb. 2021 was 1.56.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

NYSE:GIS' s Debt-to-Equity Range Over the Past 10 Years
Min: -101.2   Med: 1.5   Max: 82.02
Current: 1.56
-101.2
82.02

During the past 13 years, the highest Debt-to-Equity Ratio of General Mills was 82.02. The lowest was -101.20. And the median was 1.50.

NYSE:GIS's Debt-to-Equity is ranked lower than
90% of the 1572 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 0.41 vs. NYSE:GIS: 1.56 )

General Mills Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

General Mills Annual Data
May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 2.19 2.58 2.05 1.73

General Mills Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Debt-to-Equity 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 1.80 1.73 1.61 1.63 1.56
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 Debt-to-Equity Distribution

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


General Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2712.5 + 11206) / 8058.5
=1.73

General Mills's Debt to Equity Ratio for the quarter that ended in Feb. 2021 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(4084.4 + 9766.6) / 8890.3
=1.56

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

General Mills  (NYSE:GIS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

General Mills Debt-to-Equity Related Terms

General Mills Debt-to-Equity Headlines

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