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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

General Mills (GIS) Asset Utilization Ratio (2016 - 2026)

General Mills' Asset Utilization Ratio history spans 16 years, with the latest figure at 0.65 for Q1 2024.

  • For Q1 2024, Asset Utilization Ratio rose 1.78% year-over-year to 0.65; the TTM value through Feb 2024 reached 0.65, up 1.78%, while the annual FY2023 figure was 0.64, 6.46% up from the prior year.
  • Asset Utilization Ratio for Q1 2024 was 0.65 at General Mills, up from 0.65 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.65 in Q1 2024 and bottomed at 0.55 in Q1 2020.
  • The 5-year median for Asset Utilization Ratio is 0.59 (2022), against an average of 0.6.
  • The largest annual shift saw Asset Utilization Ratio decreased 2.64% in 2021 before it increased 9.04% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.58 in 2020, then fell by 0.2% to 0.57 in 2021, then grew by 8.06% to 0.62 in 2022, then increased by 4.09% to 0.65 in 2023, then rose by 0.61% to 0.65 in 2024.
  • Per Business Quant, the three most recent readings for GIS's Asset Utilization Ratio are 0.65 (Q1 2024), 0.65 (Q4 2023), and 0.65 (Q3 2023).