JBL

Jabil Inc

Halal Rating :
Comfortable
Last Price $165
Market Cap $18.06b
1D Change

0.53 %

1 Year Change

9.36 %

Next Earnings Date

Yet to be announced

Company Overview

Jabil Inc. provides electronics design, production, and product management services. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronic design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services.

Revenue Sources

Pass

Based on reviewing Jabil's SEC filings and recent financial reports, their revenue primarily comes from manufacturing and supply chain services across various permissible industries. Their main business activities involve the production and assembly of electronic components and providing manufacturing solutions, which are halal activities.

The company does not derive significant revenue from prohibited activities such as alcohol, gambling, or interest-based financial services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Nov. 30, 2024 $6.99b $6.8b - - 0.00% 0.00%
Aug. 31, 2024 $6.96b $6.64b - - 0.00% 0.00%
May 31, 2024 $6.76b $6.5b - - 0.00% 0.00%
Feb. 29, 2024 $6.77b $6.63b - $47.0m 0.00% 0.71%

Examining the most recent four quarters of financial data, Jabil's interest expenses have been minimal relative to their total expenses. In three of the four quarters, interest expense was reported as zero, with only one quarter showing an interest expense of $47 million against total expenses of $6.6 billion. This represents an insignificant percentage of their total expenses.

Operational Ethics

Pass

While Jabil maintains manufacturing facilities in various global locations including China, there is no clear evidence of direct material collaboration with the Chinese Communist Party. The company's operations in China appear to be standard manufacturing facilities serving global customers. No current operations or R&D centers in Israel were identified in their public disclosures.

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