Air Products & Chemicals
1.49 %
-3.23 %
Yet to be announced
Company Overview
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. It has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems.
Revenue Sources
PassBased on review of Air Products' revenue sources from SEC filings and company reports, their primary revenue streams come from industrial gas production and distribution, equipment sales, and related services. These are all halal business activities as they involve the exchange of real products and services. There is no evidence of significant revenue from prohibited sources like alcohol, gambling, or interest-based activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.92b | $5.29b | - | $42.2m | 0.00% | 0.80% |
| Dec. 31, 2024 | $2.93b | $2.33b | - | $42.6m | 0.00% | 1.83% |
| Sept. 30, 2024 | $3.19b | $812.8m | - | $49.7m | 0.00% | 6.11% |
| June 30, 2024 | $2.99b | $2.3b | - | $55.7m | 0.00% | 2.42% |
Analyzing the last four quarters of financial data, interest expenses remain consistently low relative to total expenses, averaging below 2.5% of total expenses. The company does not generate interest income as part of its business model. The interest expenses appear to be related to normal business operations rather than interest-based revenue generation.
Operational Ethics
PassReview of Air Products' operations and partnerships shows no evidence of significant ongoing collaboration with entities involved in human rights violations. While the company operates globally, including in China, there is no clear evidence of material partnerships with the Chinese Communist Party. No current operations or R&D centers were found in Israel.
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