Annotated balance sheet · halal screening

General Mills, Inc.

The full balance sheet for GIS, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

General Mills, Inc. — Q1 2026

Source: SEC Form 10-Q filed 2026-02-22 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$786

Marketable securities①

Accounts receivable

$1,857

Inventories

$1,756

Other current assets

$490

Total current assets

$4,889

Non-current Assets

Property, plant & equipment, net②tangible

Operating lease right-of-use assets②tangible

Long-term marketable securities①

Goodwill

$15,634

Intangible assets, net

$7,030

Other non-current assets

$4,850

Total non-current assets

$27,515

TOTAL ASSETS

$32,403

CHECK ①

Cash + Securities Ratio

under AAOIFI

4.4%

✓ PASS

Threshold≤ 30%Buffer25.6 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →45%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

$3,634

Other current liabilities

$2,075

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$2,976

Total current liabilities

$8,685

Non-current Liabilities

Long-term debt③interest-bearing

$10,992

Other non-current liabilities

$1,239

Total non-current liabilities

$12,231

TOTAL LIABILITIES

$23,046

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

79.0%

✗ FAIL

Threshold≤ 30%Shortfall49.0 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →87%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$18,371

Of which:

Product & services revenue

$18,371

Interest income④non-permissible

CHECK ④

Non-permissible Income Ratio

under AAOIFI

0.0%

✓ PASS

Threshold≤ 5%Buffer5.0 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →8%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Borderline

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing

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