Global Payments
-0.18 %
-17.58 %
Yet to be announced
Company Overview
Global Payments provides payment technology and software solutions for card, electronic, check, and digital-based payments in the Americas, Europe, and Asia-Pacific. It operates through three segments: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. Global Payments was founded in 1967 and is headquartered in Atlanta, Georgia.
Revenue Sources
PassBased on the company's SEC filings and business model, Global Payments' revenue comes primarily from payment processing, software solutions, and related services. These are halal activities as they involve the facilitation of legitimate commerce and create real economic value. The company does not derive significant revenue from prohibited activities like gambling, alcohol, or interest-based operations.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.41b | $2.1b | - | $157.11m | 0.00% | 7.49% |
| Dec. 31, 2024 | $2.52b | $1.84b | - | $156.78m | 0.00% | 8.53% |
| Sept. 30, 2024 | $2.6b | $2.28b | - | $155.91m | 0.00% | 6.83% |
| June 30, 2024 | $2.57b | $2.16b | - | $159.16m | 0.00% | 7.38% |
Analyzing the most recent four quarters of financial data: Interest expense makes up between 6.8% to 8.1% of total expenses across all quarters examined. This level of interest expense is material to the company's operations and exceeds our comfort threshold for halal investments.
Operational Ethics
PassBased on available information from SEC filings and the company's public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the state of Israel or direct involvement with the Chinese Communist Party.
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