KLIC

Kulicke & Soffa Industries, Inc.

Halal Rating :
Comfortable
Last Price $44.7
Market Cap $2.36b
1D Change

0.0 %

1 Year Change

-11.25 %

Next Earnings Date

Yet to be announced

Company Overview

Kulicke & Soffa Industries, Inc. is a leading provider of semiconductor and electronic assembly solutions supporting the global automotive, consumer, communications, computing, and industrial segments. The company designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes (LEDs), and power modules.

Revenue Sources

Pass

Based on review of KLIC's financial statements and business operations, their revenue is derived from the design, manufacture, and sale of semiconductor assembly equipment and related tools. These products and services are halal as they involve the exchange of tangible goods and services that create real economic value. No evidence was found of revenue from prohibited sources like gambling, alcohol, or other haram activities.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 28, 2024 $181.32m $178.63m - - 0.00% 0.00%
June 29, 2024 $181.65m $173.37m - - 0.00% 0.00%
March 30, 2024 $172.07m $277.25m - $18,000 0.00% 0.01%
Dec. 30, 2023 $171.19m $169.52m - $22,000 0.00% 0.01%

Analysis of the last four quarters shows minimal interest expense ($40,000 total) relative to total expenses ($798,768,000). The interest expense ratio is well below the 5% threshold at approximately 0.005%. Interest income was $0 for all quarters analyzed. This indicates interest plays an insignificant role in the company's business model.

Operational Ethics

Pass

While the company has operations in various global locations including Asia, no evidence was found of direct material ties to the Chinese Communist Party or the state of Israel. The company's major facilities are located in Singapore, Netherlands, and the United States.

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