Hyster-Yale Materials Handling Inc
0.0 %
-17.53 %
Yet to be announced
Company Overview
Hyster-Yale Materials Handling, Inc. designs, engineers, manufactures, sells, and services lift trucks worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company also sells aftermarket parts under the Hyster and Yale brand names.
Revenue Sources
Based on the company's financial statements and business activities, Hyster-Yale's revenue primarily comes from the design, manufacture, and sale of lift trucks and related equipment. These are halal products that serve legitimate business purposes in logistics and material handling. There is no evidence of revenue from haram sources such as alcohol, gambling, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $1.02b | $991.4m | - | $8.4m | 0.00% | 0.85% |
| June 30, 2024 | $1.17b | $1.08b | - | $8.8m | 0.00% | 0.81% |
| March 31, 2024 | $1.06b | $981.6m | - | $8.9m | 0.00% | 0.91% |
| Dec. 31, 2023 | $1.03b | $987.6m | - | $9.1m | 0.00% | 0.92% |
Looking at the last four quarters of financial data, interest expense represents a small portion of total expenses. The company's interest expense to total expense ratios have remained consistently below the 5% threshold for all quarters analyzed. This indicates that interest-bearing debt does not play a material role in the company's operations.
Operational Ethics
After reviewing the company's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company maintains manufacturing facilities and operations across various countries, but no concerning partnerships or relationships with problematic entities were identified.
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