General Mills Inc

NYSE GIS

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General Mills Inc Equity to Assets Ratio 3 year CAGR for the quarter ending February 29, 2024: 3.94%

General Mills Inc Equity to Assets Ratio 3 year CAGR is 3.94% for the quarter ending February 29, 2024, a -58.13% change year over year. The Equity to Assets Ratio measures the proportion of a company's total assets that are financed by equity. It provides insight into the company's financial stability and the percentage of assets owned by shareholders. A higher ratio indicates a greater ownership stake by equity shareholders and suggests lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • General Mills Inc Equity to Assets Ratio for the quarter ending February 28, 2023 was 0.33, a 4.11% change year over year.
  • General Mills Inc Equity to Assets Ratio for the quarter ending February 28, 2022 was 0.32, a 15.71% change year over year.
  • General Mills Inc Equity to Assets Ratio for the quarter ending February 28, 2021 was 0.27, a 8.73% change year over year.
  • General Mills Inc Equity to Assets Ratio for the quarter ending February 29, 2020 was 0.25, a 9.44% change year over year.
NYSE: GIS

General Mills Inc

CEO Mr. Jeffrey L. Harmening
IPO Date June 10, 1983
Location United States
Headquarters Number One General Mills Boulevard, Minneapolis, MN, United States, 55426
Employees 34,000
Sector Consumer Defensive
Industry Packaged foods
Description

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also manufactures and markets pet food products, including dog and cat food. The company markets its products under the 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, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Top Chews Naturals, Totino's, Trix, True Chews, Wanchai Ferry, Wheaties, Wilderness, Yoki, Reese's Puffs, Green Giant, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. In addition, the company operates ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

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StockViz Staff

September 19, 2024

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