Comcast

Halal Rating :
Uncomfortable
Last Price $32.9
Market Cap $127.27b
1D Change

0.0 %

1 Year Change

-29.28 %

Next Earnings Date

Yet to be announced

Company Overview

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Media segment operates NBCUniversal's television and streaming platforms. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan; and Beijing, China.

Revenue Sources

Pass

Based on analysis of Comcast's revenue streams, the company's primary revenue sources come from legitimate business activities including broadband services, cable TV subscriptions, theme parks, film/TV content production and distribution, and advertising. While some content may include material that could be considered inappropriate from an Islamic perspective, this represents an incidental portion of overall revenue rather than a core business focus.

Reliance on Interest

Fail
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $32.07b $27.25b - $1.04b 0.00% 3.81%
June 30, 2024 $29.69b $24.08b - $1.03b 0.00% 4.26%
March 31, 2024 $30.06b $25.25b - $1.0b 0.00% 3.97%
Dec. 31, 2023 $31.25b $27.79b - $1.02b 0.00% 3.67%

Based on the financial data provided, Comcast's interest expense ratio relative to total expenses has been consistently around 3.8-4.3% over the past four quarters, which exceeds the acceptable threshold for halal compliance.

Operational Ethics

Pass

While Comcast has business operations in various global markets, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's international business relationships appear to be standard commercial arrangements.

Rating Justification

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