General Mills, Inc. (GIS) Debt to Assets Ratio: 0.46%
The debt to assets ratio for General Mills, Inc. (GIS) is 0.46% as of Wednesday, June 10, 2026.
GIS Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.46%
GIS Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| General Mills, Inc. (GIS) | $18.02B | 0.46% |
| Dollar Tree, Inc. (DLTR) | $21.29B | 0.34% |
| Hormel Foods Corporation (HRL) | $13.38B | 0.21% |
| McCormick & Company, Incorporated (MKC) | $13.25B | 0.30% |
| Church & Dwight Co., Inc. (CHD) | $23.34B | 0.25% |
| The J. M. Smucker Company (SJM) | $12.45B | 0.44% |
| The Clorox Company (CLX) | $12.08B | 0.52% |
| Dollar General Corporation (DG) | $24.02B | 0.51% |
| Constellation Brands, Inc. (STZ) | $24.31B | 0.51% |
| Celsius Holdings, Inc. (CELH) | $7.43B | 0.13% |
Leverage Ratios Comparison
Debt/Assets
0.5%
Debt/Equity
1.66
Current Ratio
0.67
Interest Coverage
6.0x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
General Mills, Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
General Mills, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for General Mills, Inc. (GIS)?
- The debt to assets ratio for GIS stock is 0.46%.
About General Mills, Inc.
General Mills, Inc. functions as a prominent global producer and vendor of well-known consumer food brands. The company structures its widespread operations into five main divisions: North American retail, convenience stores and foodservice providers, Europe and Australia, Asia and Latin America, and a dedicated pet segment. Their broad catalog of products features a diverse range of items for consumers. This includes breakfast cereals, chilled yogurts, various soups, and ready-to-prepare meal kits. The offering also extends to refrigerated and frozen dough items, baking and dessert mixes, flours for culinary use, frozen pizzas and pizza snacks, along with an assortment of snack bars, fruit snacks, savory and grain snacks, and ice cream. For health-conscious consumers, they provide nutrition bars and wellness beverages, in addition to organic frozen and shelf-stable vegetables. Beyond direct consumer sales, General Mills supplies both branded and unbranded food goods to the North American foodservice sector and commercial bakeries. Furthermore, they are a significant participant in the pet food industry, manufacturing a variety of dog and cat food products. The company markets its merchandise under an extensive collection of trademarks, such as: Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait. General Mills distributes its products through a vast network, utilizing both direct sales and arrangements with brokers and distributors. Their reach encompasses a wide array of sales points, including traditional grocery stores, large-scale mass merchandisers, membership clubs, natural food retailers, online marketplaces, various commercial and non-commercial foodservice distributors and operators, restaurants, convenience stores, specialized pet stores, as well as drug, dollar, and discount retail chains. Complementing its extensive business, the corporation also oversees 466 leased and 392 franchised ice cream parlors. General Mills, Inc., established in 1866, maintains its corporate headquarters in Minneapolis, Minnesota.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Jeffrey L. Harmening