Paying user area
Try for free
General Mills Inc. pages available for free this week:
- Income Statement
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- Analysis of Geographic Areas
- Dividend Discount Model (DDM)
- Return on Equity (ROE) since 2005
- Debt to Equity since 2005
- Total Asset Turnover since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to General Mills Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Total Debt (Carrying Amount)
May 26, 2019 | May 27, 2018 | May 28, 2017 | May 29, 2016 | May 31, 2015 | May 25, 2014 | ||
---|---|---|---|---|---|---|---|
Current portion of long-term debt | |||||||
Notes payable | |||||||
Long-term debt, excluding current portion | |||||||
Total debt (carrying amount) |
Based on: 10-K (reporting date: 2019-05-26), 10-K (reporting date: 2018-05-27), 10-K (reporting date: 2017-05-28), 10-K (reporting date: 2016-05-29), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-25).
Debt item | Description | The company |
---|---|---|
Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | General Mills Inc. total debt increased from 2017 to 2018 but then slightly decreased from 2018 to 2019. |
Total Debt (Fair Value)
May 26, 2019 | |
---|---|
Selected Financial Data (US$ in thousands) | |
Notes payable | |
Long-term debt, including the current portion | |
Total debt (fair value) | |
Financial Ratio | |
Debt, fair value to carrying amount ratio |
Based on: 10-K (reporting date: 2019-05-26).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt:
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
Total | |||
Based on: 10-K (reporting date: 2019-05-26).
1 US$ in thousands
2 Weighted-average interest rate = 100 × ÷ =
Interest Costs Incurred
12 months ended: | May 26, 2019 | May 27, 2018 | May 28, 2017 | May 29, 2016 | May 31, 2015 | May 25, 2014 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest expense, net of capitalized interest | |||||||||||||
Capitalized interest | |||||||||||||
Interest expense |
Based on: 10-K (reporting date: 2019-05-26), 10-K (reporting date: 2018-05-27), 10-K (reporting date: 2017-05-28), 10-K (reporting date: 2016-05-29), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-25).
Debt item | Description | The company |
---|---|---|
Interest expense, net of capitalized interest | Amount of the cost of borrowed funds accounted for as interest expense for debt. | General Mills Inc. interest expense, net of capitalized interest increased from 2017 to 2018 and from 2018 to 2019. |
Capitalized interest | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | General Mills Inc. capitalized interest decreased from 2017 to 2018 and from 2018 to 2019. |
Interest expense | Total interest costs incurred during the period and either capitalized or charged against earnings. | General Mills Inc. interest expense increased from 2017 to 2018 and from 2018 to 2019. |
Adjusted Interest Coverage Ratio
Based on: 10-K (reporting date: 2019-05-26), 10-K (reporting date: 2018-05-27), 10-K (reporting date: 2017-05-28), 10-K (reporting date: 2016-05-29), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-25).
2019 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense, net of capitalized interest
= ÷ =
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest expense
= ÷ =
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | General Mills Inc. adjusted interest coverage ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |