Annotated balance sheet · halal screening

Honda Motor Co., Ltd.

The full balance sheet for HMC, 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

Honda Motor Co., Ltd. — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$5,088,804

Marketable securities①

Accounts receivable

$4,346,481

Inventories

$2,542,144

Other current assets

$1,154,031

Total current assets

$13,131,459

Non-current Assets

Property, plant & equipment, net②tangible

$9,671,943

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$9,215,695

Goodwill

$788,164

Intangible assets, net

Other non-current assets

$545,043

Total non-current assets

$20,220,844

TOTAL ASSETS

$33,654,620

CHECK ①

Cash + Securities Ratio

under AAOIFI

41290.0%

✗ FAIL

Threshold≤ 30%Shortfall41260.0 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →45419%

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

$1,789,325

Other current liabilities

$3,323,486

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$5,026,418

Total current liabilities

$10,139,230

Non-current Liabilities

Long-term debt③interest-bearing

$8,511,909

Other non-current liabilities

$2,012,884

Total non-current liabilities

$10,524,793

TOTAL LIABILITIES

$21,453,860

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

39078.4%

✗ FAIL

Threshold≤ 30%Shortfall39048.4 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →42986%

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

$22,000,002

Of which:

Product & services revenue

$22,000,002

Interest income④non-permissible

$181,246

CHECK ④

Non-permissible Income Ratio

under AAOIFI

0.8%

✓ PASS

Threshold≤ 5%Buffer4.2 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

Not halal

Sector check passes: ✓ yes

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

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