General Mills Inc

GIS
Failed

Company Overview

General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. Its product categories include snacks, ready-to-eat cereal, convenient meals, pet food, refrigerated and frozen dough, baking mixes and ingredients, yogurt, and ice cream. The firm operates through the following segments: North America Retail, International, Pet, and North America Foodservice. The North America Retail segment includes grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, convenience stores, and e-commerce grocery providers. The International segment refers to the retail and foodservice businesses outside of the US and Canada. The Pet segment includes pet food products sold in national pet superstore chains, e-commerce retailers, grocery stores, regional pet store chains, mass merchandisers, and veterinary clinics and hospitals. The North America Foodservice segment offers ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, baking mixes, and bakery flour. The company was founded by Cadwallader C. Washburn on June 20, 1928 and is headquartered in Minneapolis, MN.

Country
US
Market Cap
$37.92B
Last Fiscal Year
2024
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
35.13% failed
33% Threshold
35.1%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name General Mills Inc
Ticker GIS
Main Business Packaged Foods
Type Common Stock
Industry Packaged Foods
Country US
Market Cap $37.92 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Snacks $4,330.0 $0.0 -
Cereal $3,190.0 $0.0 -
Convenient meals $2,910.0 $0.0 -
Dough $2,420.0 $0.0 -
Pet $2,380.0 $0.0 -
Baking mixes and ingredients $2,000.0 $0.0 -
Yogurt $1,480.0 $0.0 -
Super-premium ice cream $728.7 $0.0 -
Other $422.4 $0.0 -
Total $19,861.1 $0.0 0.00% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,730,000,000.0 4.56%
long term debt and capital lease obligation $11,590,000,000.0 30.57%
Total Interest-Bearing Debt $13,320,000,000.0 35.13%
Market Capitalization $37,917,428,000.0 100.00%
Compliance Status Threshold: 33% failed