Installed Building Products Inc
0.0 %
5.82 %
Yet to be announced
Company Overview
Installed Building Products, Inc. engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors. The company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings.
Revenue Sources
Based on the company's SEC filings and financial statements, IBP's primary revenue streams come from installation services and building products, which are halal activities. The company does not derive significant revenue from any prohibited sources such as alcohol, gambling, or other haram products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $760.6m | $667.0m | - | $7.7m | 0.00% | 1.15% |
| June 30, 2024 | $737.6m | $651.0m | - | $8.2m | 0.00% | 1.26% |
| March 31, 2024 | $692.9m | $616.9m | - | $11.9m | 0.00% | 1.93% |
| Dec. 31, 2023 | $720.74m | $630.92m | - | $7.78m | 0.00% | 1.23% |
Analyzing the last four quarters: The company's interest expense to total expense ratios have remained consistently low, ranging from approximately 1.0% to 1.9% of total expenses across all quarters examined. This level of interest expense is below the 5% threshold considered material for this criterion.
Operational Ethics
After reviewing the company's operations, SEC filings, and public information, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States, and there are no documented material ties to Israel or the Chinese Communist Party.
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