Huntington Ingalls Industries
0.03 %
-7.09 %
Yet to be announced
Company Overview
Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing military ships in the United States. The company is involved in the design and construction of non-nuclear ships, such as amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S. Navy and the Coast Guard. It also provides nuclear-powered ships such as aircraft carriers and submarines.
Revenue Sources
PassBased on the company's SEC filings and business activities, Huntington Ingalls Industries primarily generates revenue from military shipbuilding and defense-related services. While the company produces military equipment, this is considered a legitimate business activity as it relates to national defense and security. The company's revenue streams come from government contracts, ship construction, maintenance services, and technical solutions - all of which are halal business activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.73b | $2.6b | - | $28.0m | 0.00% | 1.08% |
| Dec. 31, 2024 | $3.0b | $2.92b | - | $27.0m | 0.00% | 0.92% |
| Sept. 30, 2024 | $2.75b | $2.69b | - | $23.0m | 0.00% | 0.86% |
| June 30, 2024 | $2.98b | $2.81b | - | $24.0m | 0.00% | 0.85% |
After analyzing the financial data for the past four quarters: The interest expense to total expense ratios have consistently remained below 1% of total expenses. For the most recent quarters, interest expenses have been minimal compared to the company's total expenses, demonstrating that interest is not material to the company's operations.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of current substantial business relationships with the state of Israel or the Chinese Communist Party. The company's primary customer is the U.S. government, particularly the U.S. Navy and Coast Guard.
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