Activision Blizzard

Halal Rating :
Comfortable
Last Price $94.5
Market Cap $74.97b
1D Change

0.0 %

1 Year Change

30.76 %

Next Earnings Date

Yet to be announced

Company Overview

Activision Blizzard, Inc. develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company's key product franchises include Call of Duty, World of Warcraft, Diablo, Hearthstone, Overwatch, Overwatch League, and Candy Crush. It operates esports leagues and offer digital advertising content.

Revenue Sources

Pass

After analyzing Activision Blizzard's revenue sources, the company primarily generates income from video game sales, in-game content, subscription services, and advertising. These core business activities involve the exchange of real products and services and do not constitute gambling or other haram activities. While some of their games include elements of chance (like loot boxes), these features are part of a larger entertainment product where players receive actual digital content in exchange for their purchase.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2023 $2.21b $1.65b - $27.0m 0.00% 1.64%
March 31, 2023 $2.38b $1.61b - $27.0m 0.00% 1.68%
Dec. 31, 2022 $2.33b $1.97b - - 0.00% 0.00%
Sept. 30, 2022 $1.78b $1.3b - - 0.00% 0.00%

Based on the financial data from the last four quarters, interest expense represented a small portion of total expenses. The company reported interest expenses of $27 million in each of the two most recent quarters, with no interest expense in the previous two quarters. These amounts are insignificant compared to the company's total expenses, which ranged from $1.3 billion to $2.0 billion per quarter.

Operational Ethics

Pass

Research shows no significant ongoing associations with entities involved in human rights violations. While Activision Blizzard does operate in China, there is no clear evidence of material ties to the Chinese Communist Party that would warrant concern.

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