IQVIA

Halal Rating :
Comfortable
Last Price $208
Market Cap $37.78b
1D Change

-4.57 %

1 Year Change

-19.07 %

Next Earnings Date

Yet to be announced

Company Overview

IQVIA Holdings Inc. is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. The company helps pharmaceutical, biotech, and healthcare clients leverage data and science to help make better and more informed healthcare decisions.

IQVIA's core business activities include clinical research, data analytics, technology solutions, and consulting services. They work with healthcare providers, payers, and life sciences companies to optimize clinical trials, streamline operations, and improve patient outcomes.

Revenue Sources

Pass

Based on analysis of IQVIA's revenue sources, their primary income streams come from healthcare analytics, technology solutions, and clinical research services. These are halal business activities as they provide legitimate services that create value and benefit society. There is no evidence of revenue from prohibited sources like gambling, alcohol, or other haram activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $3.9b $3.52b - $170.0m 0.00% 4.84%
June 30, 2024 $3.81b $3.46b - $163.0m 0.00% 4.72%
March 31, 2024 $3.74b $3.4b - $166.0m 0.00% 4.89%
Dec. 31, 2023 $3.87b $3.55b - $187.0m 0.00% 5.26%

Analysis of the financial data shows that IQVIA's interest expense ratios relative to total expenses for the past four quarters were consistently below the 5% threshold. The company's interest expenses are primarily related to operational financing and do not indicate that interest is a core part of their business model.

Operational Ethics

Pass

While IQVIA operates globally, there is no evidence of material ongoing collaboration with entities involved in human rights violations. The company maintains standard business operations in various countries but does not appear to have significant ties to the Chinese Communist Party or current operations in Israel that would raise concerns.

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