General Mills Balance Sheet Health
Financial Health criteria checks 1/6
General Mills has a total shareholder equity of $9.5B and total debt of $14.4B, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are $33.0B and $23.5B respectively. General Mills's EBIT is $3.2B making its interest coverage ratio 6. It has cash and short-term investments of $952.9M.
Key information
151.35%
Debt to equity ratio
US$14.41b
Debt
| Interest coverage ratio | 6x |
| Cash | US$952.90m |
| Equity | US$9.52b |
| Total liabilities | US$23.50b |
| Total assets | US$33.02b |
Recent financial health updates
Is General Mills (NYSE:GIS) Using Too Much Debt?
Aug 12
Is General Mills (NYSE:GIS) A Risky Investment?
Apr 06Is General Mills (NYSE:GIS) Using Too Much Debt?
Dec 18Recent updates
General Mills: Could A Potential Dividend Cut Be On The Menu? (Rating Downgrade)
Sep 30General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues
Sep 30Is General Mills (NYSE:GIS) Using Too Much Debt?
Aug 12There's No Escaping General Mills, Inc.'s (NYSE:GIS) Muted Earnings
Jul 25General Mills' (NYSE:GIS) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 01Returns On Capital At General Mills (NYSE:GIS) Have Hit The Brakes
Apr 24General Mills: A Decent Dividend Yield And Undervaluation Make It Attractive
Apr 16Is General Mills (NYSE:GIS) A Risky Investment?
Apr 06General Mills Q3 Earnings Preview: More Than A Cash Cow, Initiating With A 'Buy'
Mar 19General Mills Is A Solid Long-Term Investment With Upside Potential
Mar 10General Mills: Relative Valuation Has Become More Attractive
Feb 25General Mills Makes For A Sweet Treat For Your Portfolio
Feb 04General Mills: 2 Scoops Of Value And Income
Jan 23General Mills (NYSE:GIS) Hasn't Managed To Accelerate Its Returns
Jan 07Is General Mills (NYSE:GIS) Using Too Much Debt?
Dec 18What Makes General Mills A Top Pick For 2025
Dec 16General Mills: Offers Relative Value, But Risks Remain
Nov 26General Mills: Adding Pet Food Exposure
Nov 14General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement
Nov 12General Mills Stock: Going Without Dessert
Sep 26General Mills: Q1 Earnings, A Report I Didn't Like
Sep 19General Mills: The Market Is Overreacting To A Bad Quarter
Aug 22General Mills FY Earnings: A Good Investment (But Not For Everyone)
Jun 23General Mills: Do Not Always Seek Alpha
Jun 16General Mills Is A Top Consumer Staples Compounder
May 01Financial Position Analysis
Short Term Liabilities: GIS's short term assets ($5.2B) do not cover its short term liabilities ($8.0B).
Long Term Liabilities: GIS's short term assets ($5.2B) do not cover its long term liabilities ($15.5B).
Debt to Equity History and Analysis
Debt Level: GIS's net debt to equity ratio (141.3%) is considered high.
Reducing Debt: GIS's debt to equity ratio has increased from 142.4% to 151.4% over the past 5 years.
Debt Coverage: GIS's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: GIS's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 17:10 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/08/24 |
| Annual Earnings | 2025/05/25 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
General Mills, Inc. is covered by 46 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Andrew Lazar | Barclays |
| Kenneth Zaslow | BMO Capital Markets Equity Research |