General Motors Co
GMCompany Overview
General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.
Country
US
Market Cap
$39.51B
Last Fiscal Year
2023
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
8.29%
failed
Liabilities Compliance
310.41%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | General Motors Co |
| Ticker | GM |
| Main Business | Auto Manufacturers |
| Type | Common Stock |
| Industry | Auto Manufacturers |
| Country | US |
| Market Cap | $39.51 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| General Motors North America | $128,380.0 | $0.0 | - |
| General Motors International | $15,420.0 | $0.0 | - |
| General Motors Financial | $12,770.0 | $12,770.0 | Financial |
| Corporate | $177.0 | $0.0 | - |
| Cruise | $102.0 | $102.0 | Cruise |
| Eliminations/Reclassifications | $-107.0 | $0.0 | - |
| Interest income | $1,432.0 | $1,432.0 | - |
| Total | $158,174.0 | $14,304.0 | 8.29% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $38,970,000,000.0 | 98.63% |
| long term debt and capital lease obligation | $83,680,000,000.0 | 211.78% |
| Total Interest-Bearing Debt | $122,650,000,000.0 | 310.41% |
| Market Capitalization | $39,512,000,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |