General Interest Expense from 2010 to 2026

GRM Stock  EUR 38.02  2.93  7.16%   
General Mills' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 662.7 M this year. 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
2010-12-31
Previous Quarter
631.1 M
Current Value
662.7 M
Quarterly Volatility
269.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 Interest Expense of 662.7 M, Selling General Administrative of 3.5 B or Total Revenue of 19.7 B, as well as many indicators such as . General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.
  
This module can also supplement various General Mills Technical models . Check out the analysis of General Mills Correlation against competitors.
For more detail on how to invest in General Stock please use our How to Invest in General Mills guide.
The Interest Expense trend for General Mills offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether General Mills is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

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 Mean267,511,529
Geometric Mean0.00
Coefficient Of Variation100.58
Mean Deviation251,775,557
Median383,400,000
Standard Deviation269,061,022
Sample Variance72393.8T
Range662.7M
R-Value0.90
Mean Square Error14675.7T
R-Squared0.81
Slope47,952,324
Total Sum of Squares1158301.3T

General Interest Expense History

2026662.7 M
2025631.1 M
2024548.8 M
2023498 M
2022396.1 M
2021383.4 M
2020427.7 M

About General Mills Financial Statements

General Mills stakeholders use historical fundamental indicators, such as General Mills' 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. For example, changes in General Mills' assets and liabilities are reflected in the revenues and expenses on General Mills' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in General Mills. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense631.1 M662.7 M

Currently Active Assets on Macroaxis

When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out the analysis of General Mills Correlation against competitors.
For more detail on how to invest in General Stock please use our How to Invest in General Mills guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, General Mills' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.