HalalGauge
Annotated balance sheet · halal screening

Newmont Corporation

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

Showing under
Annotated balance sheet · halal screening

Newmont CorporationQ1 2026

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

Assets

Current Assets
Cash & cash equivalents
$8,778
Marketable securities
$4
Accounts receivable
$1,675
Inventories
$2,712
Other current assets
$342
Total current assets
$13,511
Non-current Assets
Property, plant & equipment, nettangible
$33,323
Operating lease right-of-use assetstangible
$0
Long-term marketable securities
$4,373
Goodwill
$2,658
Intangible assets, net
$0
Other non-current assets
$3,773
Total non-current assets
$44,127
TOTAL ASSETS
$57,670
CHECK

Cash + Securities Ratio

under AAOIFI
11.5%
✓ PASS
Threshold 30%Buffer18.5 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
$828
Other current liabilities
$2,415
Deferred revenue
$0
Commercial paperinterest-bearing
$0
Short-term debtinterest-bearing
$116
Total current liabilities
$3,359
Non-current Liabilities
Long-term debtinterest-bearing
$5,079
Other non-current liabilities
$7,677
Total non-current liabilities
$12,756
TOTAL LIABILITIES
$22,572
CHECK

Interest-bearing Debt Ratio

under AAOIFI
4.5%
✓ PASS
Threshold 30%Buffer25.5 percentage points to spare
Breach risk
Comfortable
0%← Pass zone | Fail zone →45%
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
$24,409
Of which:
Product & services revenue
$24,409
Interest incomenon-permissible
$257
CHECK

Non-permissible Income Ratio

under AAOIFI
1.1%
✓ PASS
Threshold 5%Buffer3.9 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
Halal

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing
HalalGauge — halal investing, calibrated to your conscience.