Equinix
1.84 %
13.85 %
Yet to be announced
Company Overview
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders can harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. EquinIX enables businesses to access all the right places, partners and possibilities they need to accelerate advantage.
Revenue Sources
PassBased on review of Equinix's financial statements and business operations, the company generates revenue primarily from data center colocation services, interconnection services, and managed IT services. These core business activities are halal as they involve providing legitimate digital infrastructure services. There is no evidence of revenue from prohibited sources like gambling, alcohol, tobacco, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.23b | $1.89b | - | $122.0m | 0.00% | 6.46% |
| Dec. 31, 2024 | $2.26b | $2.3b | - | $141.0m | 0.00% | 6.13% |
| Sept. 30, 2024 | $2.2b | $1.89b | - | $117.0m | 0.00% | 6.18% |
| June 30, 2024 | $2.16b | $1.83b | - | $110.0m | 0.00% | 6.00% |
Examining the last four quarters: Interest expense ratios relative to total expenses were: 6.18% (Q3 2024), 6.00% (Q2 2024), 5.62% (Q1 2024), and 5.53% (Q4 2023). Interest income was $0 across all quarters. The consistently high interest expense ratios above 5% indicate that interest plays a material role in the company's operations.
Operational Ethics
FailEquinix operates data centers in multiple locations globally, including China and Israel. The company maintains active data centers in Israel, which represents an ongoing business presence in the country.
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