General Mills Inc (GIS)
Debt-to-equity ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8,140,200 | — | 8,622,500 | — | 8,474,600 |
| Total stockholders’ equity | US$ in thousands | 9,199,200 | 9,263,200 | 9,200,700 | 9,275,600 | 9,396,700 | 9,396,700 | 9,436,800 | 9,436,800 | 9,378,800 | 9,378,800 | 10,262,400 | 10,262,400 | 10,449,600 | 10,449,600 | 10,234,500 | 10,234,500 | 10,121,200 | 10,121,200 | 10,574,800 | 10,574,800 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.80 | 0.00 | 0.85 | 0.00 | 0.80 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,199,200K
= 0.00
The analysis of the debt-to-equity ratio for General Mills Inc. over the specified period reveals a notable trend. During the period ending August 28, 2022, the ratio was 0.80, indicating a moderate level of financial leverage, with debt comprising a significant portion relative to shareholders’ equity. However, starting from August 31, 2022, and through to the latest data available on May 31, 2025, the ratio records a consistent value of 0.00. This suggests that in subsequent periods, the company has maintained an essentially debt-free capital structure or has not reported any short-term or long-term debt relative to equity during these dates.
The absence of reported debt in the latter periods indicates a potentially conservative approach to leverage or a change in financial strategy, possibly favoring internal financing or equity financing over debt issuance. This shift could imply increased financial stability, reduced interest obligations, and a lower financial risk profile. It is important to verify whether this data indicates actual debt levels or if it results from reporting nuances, such as debt being subordinated, classified differently, or not yet reported.
In summary, the company's historical data demonstrates a move from a leveraged position in August 2022 to a debt-free or zero-debt stance in the subsequent periods, reflecting a significant change in capital structure management over the analyzed timeframe.
Peer comparison
May 31, 2025