Floor & Decor Holdings Inc
0.0 %
3.25 %
Yet to be announced
Company Overview
Floor & Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories and installation materials. They operate warehouse-format stores across the United States and provide design services, both in-store and online.
Revenue Sources
After reviewing Floor & Decor's business model and revenue sources, their income primarily comes from selling flooring products and related accessories through retail channels. This represents a halal business activity as it involves the exchange of real products and services. There is no evidence of significant revenue from prohibited sources such as alcohol, gambling, or interest-based activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 26, 2024 | $1.12b | $1.05b | - | $189,000 | 0.00% | 0.02% |
| June 27, 2024 | $1.13b | $1.06b | - | $663,000 | 0.00% | 0.06% |
| March 28, 2024 | $1.1b | $1.04b | - | $1.96m | 0.00% | 0.19% |
| Dec. 28, 2023 | $1.05b | $1.0b | - | $891,000 | 0.00% | 0.09% |
Looking at the last four quarters, the company's interest expense relative to total expenses has been consistently minimal. The interest expense ratios have remained well below the 5% threshold, ranging from approximately 0.02% to 0.19% of total expenses across all quarters analyzed. This indicates that interest is not a material part of the company's business model.
Operational Ethics
Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States, and there are no documented substantial ties to the state of Israel or the Chinese Communist Party.
Login to join the discussion