Target Corp
TGTCompany Overview
Target Corp. engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry grocery, dairy, and frozen items. The company was founded by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.
Country
US
Market Cap
$65.01B
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
8.87%
failed
Liabilities Compliance
30.23%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Target Corp |
| Ticker | TGT |
| Main Business | Discount Stores |
| Type | Common Stock |
| Industry | Discount Stores |
| Country | US |
| Market Cap | $65.01 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Beauty & household essentials | $31,284.0 | $0.0 | - |
| Food & beverage | $23,899.0 | $7,966.0 | (30%) assumption Includes wine |
| Home furnishings & décor | $17,760.0 | $0.0 | - |
| Hardlines | $16,162.0 | $808.0 | (30%) assumption potential non-shariah element |
| Apparel & accessories | $16,485.0 | $0.0 | - |
| Other | $213.0 | $0.0 | - |
| Credit card profit sharing | $667.0 | $667.0 | Credit |
| Interest income | $0.0 | $0.0 | - |
| Total | $106,470.0 | $9,441.0 | 8.87% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,450,000,000.0 | 2.23% |
| long term debt and capital lease obligation | $18,200,000,000.0 | 28.00% |
| Total Interest-Bearing Debt | $19,650,000,000.0 | 30.23% |
| Market Capitalization | $65,010,172,800.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |