Avnet, Inc.
0.54 %
-5.65 %
Yet to be announced
Company Overview
Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Farnell segment distributes kits, tools, and electronic and industrial automation components.
Revenue Sources
PassBased on review of Avnet's financial statements and business operations, their primary revenue comes from distribution of electronic components and related services. There is no evidence of revenue from prohibited sources like alcohol, gambling, tobacco, or other haram products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 29, 2025 | $5.32b | $5.23b | - | $61.12m | 0.00% | 1.17% |
| Dec. 28, 2024 | $5.66b | $5.57b | - | $62.4m | 0.00% | 1.12% |
| Sept. 28, 2024 | $5.6b | $5.53b | - | $64.44m | 0.00% | 1.17% |
| June 29, 2024 | $5.56b | $5.46b | - | $64.27m | 0.00% | 1.18% |
Analyzing the last four quarters, interest expense as a percentage of total expenses has remained consistently below the 5% threshold. Interest expense ratios ranged between 1.1% and 1.3% of total expenses across all quarters examined. The company's interest expenses are primarily related to operational financing and working capital management rather than being a core part of their business model.
Operational Ethics
PassWhile Avnet operates globally, including having business operations in China, there is no clear evidence of direct material collaboration with the Chinese Communist Party. The company maintains standard business operations in various regions but does not appear to have significant ties to entities involved in human rights violations.
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