General Mills Inc (GIS)
Debt-to-assets ratio
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 33,071,100 | 31,469,900 | 31,469,900 | 31,451,700 | 31,451,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
May 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $33,071,100K
= 0.00
The debt-to-assets ratio for General Mills Inc., based on the provided data, consistently stands at zero across multiple reporting periods, specifically on May 28, 2023; May 31, 2023; May 26, 2024; May 31, 2024; and May 31, 2025. This indicates that at each of these points in time, the company’s total liabilities are effectively nonexistent relative to its total assets, implying an absence of debt obligations. Such a sustained ratio suggests that General Mills Inc. maintains a fully equity-financed asset base, with no reliance on debt funding for its operations or asset acquisitions during these periods. This consistent zero ratio is unusual for a large, established company and may warrant further investigation to confirm the accuracy of the data or to understand the company's capital structure in greater depth.
Peer comparison
May 31, 2025