GISGeneral Mills

$40.09

Is it safe?

Can GIS take a bad year?

General Mills carries $13.1B of net debt at 9.07× EBITDA: a heavy load to carry through a bad year.

$13.1B

Net debt · as at Q4 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
9.07×

Net debt / EBITDA · 3.77× a year ago · the load is going up

Altman Z-score
2.08

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
1.84×

Debt / equity

Details
Total debtQ4 2026
$13.5B
Cash and short-term investments
$461M
Net debt
$13.1B
EBITDA, trailing twelve months
$1.44B
Operating profit, trailing twelve months
$886M
Debt / equity
1.84×
Total debt / EBITDA
9.39×
Annualised volatilitytwo years of daily moves
24%
Worst drawdown on file
−60%
Below its 52-week high
−18%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.