General Interest Expense from 2010 to 2024

GIS Stock  USD 65.53  0.53  0.82%   
General Mills Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1989-05-31
Previous Quarter
121.2 M
Current Value
122 M
Quarterly Volatility
42.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check General Mills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Mills' main balance sheet or income statement drivers, such as Depreciation And Amortization of 408 M, Interest Expense of 522.9 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0309 or PTB Ratio of 4.79. General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.
  
Check out the analysis of General Mills Correlation against competitors.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.

Latest General Mills' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of General Mills over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. General Mills' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in General Mills' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

General Interest Expense Regression Statistics

Arithmetic Mean372,320,000
Geometric Mean319,139,995
Coefficient Of Variation33.41
Mean Deviation84,645,333
Median383,400,000
Standard Deviation124,398,732
Sample Variance15475T
Range508.4M
R-Value0.74
Mean Square Error7484.4T
R-Squared0.55
Significance0
Slope20,646,071
Total Sum of Squares216650.6T

General Interest Expense History

2024522.9 M
2023498 M
2022396.1 M
2021383.4 M
2020427.7 M
2019472.5 M
2018527.4 M

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although General Mills investors may analyze each financial statement separately, they are all interrelated. The changes in General Mills' assets and liabilities, for example, are also reflected in the revenues and expenses on on General Mills' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense498 M522.9 M

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Additional Tools for General Stock Analysis

When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.