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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) Interest Coverage Ratio (2016 - 2026)

General Mills' Interest Coverage Ratio history spans 16 years, with the latest figure at 6.35 for Q2 2024.

  • For Q2 2024, Interest Coverage Ratio fell 18.81% year-over-year to 6.35; the TTM value through May 2024 reached 7.16, down 20.31%, while the annual FY2025 figure was 6.3, 11.96% down from the prior year.
  • Interest Coverage Ratio for Q2 2024 was 6.35 at General Mills, down from 7.48 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 12.38 in Q3 2022 and bottomed at 5.34 in Q2 2021.
  • The 5-year median for Interest Coverage Ratio is 7.81 (2021), against an average of 8.03.
  • The largest annual shift saw Interest Coverage Ratio surged 82.08% in 2022 before it tumbled 35.79% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 9.11 in 2020, then fell by 5.27% to 8.63 in 2021, then rose by 1.27% to 8.74 in 2022, then decreased by 21.16% to 6.89 in 2023, then fell by 7.85% to 6.35 in 2024.
  • Per Business Quant, the three most recent readings for GIS's Interest Coverage Ratio are 6.35 (Q2 2024), 7.48 (Q1 2024), and 6.89 (Q4 2023).