Centene Corporation
0.14 %
-10.07 %
Yet to be announced
Company Overview
Centene Corporation is a major healthcare enterprise that focuses on providing services to government-sponsored healthcare programs, focusing on under-insured and uninsured individuals. The company operates health insurance marketplaces and offers health insurance solutions through Medicaid, Medicare, and Health Insurance Marketplace plans. They also provide specialty services including behavioral health management, care management software, and pharmacy benefits management.
Revenue Sources
PassBased on analysis of Centene's financial statements and business operations, their revenue primarily comes from health insurance premiums and healthcare services management. These core activities are halal as they provide legitimate healthcare services and insurance products that operate on the principle of risk sharing rather than gambling. The company does not derive significant revenue from prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $46.62b | $45.26b | - | $170.0m | 0.00% | 0.38% |
| Dec. 31, 2024 | $40.8b | $40.8b | - | $172.0m | 0.00% | 0.42% |
| Sept. 30, 2024 | $42.02b | $41.53b | - | $176.0m | 0.00% | 0.42% |
| June 30, 2024 | $39.84b | $38.78b | - | $176.0m | 0.00% | 0.45% |
Examining the last four quarters of financial data, Centene's interest expense remains relatively consistent, ranging from $176-183 million per quarter. When compared to their total expenses, which range from $38-41 billion per quarter, the interest expense ratio consistently falls well below the 5% threshold that would indicate material reliance on interest-bearing debt. The company's operational model is clearly not dependent on interest-based income or financing.
Operational Ethics
PassBased on review of Centene's operations and public records, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States and democratic countries, with no substantial presence or partnerships in regions of concern.
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