General Mills Inc (GIS)
Debt-to-equity ratio
| 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 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8,140,200 | — | 8,622,500 | — | 8,474,600 | — |
| Total stockholders’ equity | US$ in thousands | 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 | 10,542,400 |
| 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 | 0.80 | 0.00 | 0.85 | 0.00 | 0.80 | 0.00 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,263,200K
= 0.00
The debt-to-equity ratio of General Mills Inc fluctuated over the period from May 31, 2022, to February 28, 2025. The ratio was 0.00 on multiple occasions, indicating that the company had no debt and relied entirely on equity to finance its operations. However, there were also instances where the ratio increased, such as in August 28, 2022, and November 27, 2022, where it stood at 0.80 and 0.85, respectively.
A debt-to-equity ratio of 0.80 or 0.85 suggests that General Mills Inc had a moderate level of debt compared to equity during those periods. It indicates that the company utilized a combination of debt and equity to fund its activities, with a higher proportion of debt in relation to equity. Subsequently, the ratio returned to 0.00 in February 28, 2023, and remained at that level for the following reporting periods.
Overall, the debt-to-equity ratio for General Mills Inc indicates that the company has maintained a conservative capital structure, with periods of minimal to no debt relative to equity. This suggests that the company has balanced its financing strategies to minimize financial risk and maintain financial stability.
Peer comparison
Feb 28, 2025