General Mills Debt 2024

General Mills Debt

11,120 USD

General Mills Dividend yield

4.03 %

Ticker

GIS

ISIN

US3703341046

WKN

853862

In 2024, General Mills's total debt was 11,120 USD, a 0.62% change from the 11,051 USD total debt recorded in the previous year.

General Mills Aktienanalyse

What does General Mills do?

General Mills Inc is an American food company specializing in the production and distribution of food. It was founded in 1866 by Cadwallader C. Washburn, who established the Washburn-Crosby Company. In 1928, Washburn-Crosby merged with 26 other grain mill companies to form General Mills. The company is headquartered in Minneapolis, Minnesota and has been a significant player in the food product market for many years. General Mills has primarily focused on the production of breakfast cereals, snacks, and baked goods in recent decades and also operates the well-known yogurt company Yoplait. General Mills' business model is based on developing products that meet the needs and desires of customers. The company places great importance on the high quality of ingredients and the use of sustainable methods in production. Today, the company is divided into various divisions including baked goods, cereal products, yogurt, and snack products. Each division offers a variety of products tailored to the needs of customers in different regions and markets. Some of General Mills' most famous brands include Cheerios, Lucky Charms, Nature Valley, Pillsbury, Old El Paso, and Betty Crocker. These brands are well-known and popular worldwide, ensuring General Mills maintains a leading position in many markets. Cheerios is one of General Mills' most well-known brands. The breakfast cereal was first introduced in 1941 and has since become a crucial part of the American breakfast. Cheerios are available in many different varieties, including Honey Nut Cheerios, Chocolate Cheerios, and Multi-Grain Cheerios. Pillsbury is another significant brand of General Mills, known primarily for its baked goods such as cookies, rolls, and dough. Pillsbury's product range also includes dishes like pizza and frozen cakes. Nature Valley is a brand of snack products produced by General Mills. The brand is known for its granola bars made from natural ingredients. The bars are available in many different varieties, some of which are gluten-free or free of artificial sweeteners. General Mills also has a wide range of yogurt products under the Yoplait brand. Yoplait yogurt is available in many different flavors, including some specifically tailored to the needs of children. In summary, General Mills is a leading manufacturer of food products. The company offers a wide range of products tailored to the needs of customers in various regions and markets. General Mills emphasizes quality and sustainability in the production of its products, and it is a significant player in the food product market in many areas. General Mills ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding General Mills's Debt Structure

General Mills's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing General Mills's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to General Mills’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in General Mills’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about General Mills Stock

What is the debt of General Mills this year?

General Mills has a debt level of 11,120 USD this year.

What was the debt of General Mills compared to the previous year?

The debt of General Mills has increased by 0.62% compared to the previous year increased.

What are the consequences of high debt for investors in General Mills?

High debt can pose a risk for investors of General Mills, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of General Mills?

Low debt means that General Mills has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from General Mills affect the company?

An increase in debt of General Mills can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of General Mills affect the company?

A reduction in debt of General Mills can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of General Mills?

Some factors that can influence the debt of General Mills include investments, acquisitions, operating costs, and revenue development.

Why are the debts of General Mills so important for investors?

The debts of General Mills are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can General Mills take to change the debt?

To change the debt, General Mills can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does General Mills pay?

Over the past 12 months, General Mills paid a dividend of 2.85 USD . This corresponds to a dividend yield of about 4.03 %. For the coming 12 months, General Mills is expected to pay a dividend of 3.21 USD.

What is the dividend yield of General Mills?

The current dividend yield of General Mills is 4.03 %.

When does General Mills pay dividends?

General Mills pays a quarterly dividend. This is distributed in the months of November, November, February, May.

How secure is the dividend of General Mills?

General Mills paid dividends every year for the past 28 years.

What is the dividend of General Mills?

For the upcoming 12 months, dividends amounting to 3.21 USD are expected. This corresponds to a dividend yield of 4.55 %.

In which sector is General Mills located?

General Mills is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von General Mills kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of General Mills from 5/1/2024 amounting to 0.59 USD, you needed to have the stock in your portfolio before the ex-date on 4/9/2024.

When did General Mills pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of General Mills in the year 2023?

In the year 2023, General Mills distributed 2.1 USD as dividends.

In which currency does General Mills pay out the dividend?

The dividends of General Mills are distributed in USD.

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Andere Kennzahlen von General Mills

Our stock analysis for General Mills Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of General Mills Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.