Mettler Toledo

Halal Rating :
Comfortable
Last Price $1,393
Market Cap $29.64b
1D Change

2.13 %

1 Year Change

6.05 %

Next Earnings Date

Yet to be announced

Company Overview

Mettler Toledo International Inc. is a leading global supplier of precision instruments and services. The company manufactures and markets weighing instruments for use in laboratory, industrial, and food retailing applications. Their products include laboratory balances, industrial weighing instruments, retail weighing solutions, and various analytical instruments.

The company's primary business involves the development, manufacture, and sale of precision instruments and related services. They serve diverse end markets including industrial manufacturing, food and beverage production, pharmaceutical research and manufacturing, and chemical analysis.

Revenue Sources

Pass

Based on the review of Mettler Toledo's business activities and revenue sources, the company's primary income streams come from the sale of precision instruments, measurement equipment, and related services. These are halal business activities as they provide tangible value through legitimate products and services. There is no evidence of revenue from haram sources 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
Sept. 30, 2024 $954.53m $697.43m - $18.6m 0.00% 2.67%
June 30, 2024 $946.75m $705.11m - $18.95m 0.00% 2.69%
March 31, 2024 $925.95m $705.75m - $19.23m 0.00% 2.73%
Dec. 31, 2023 $934.99m $704.0m - $19.66m 0.00% 2.79%

Analyzing the last four quarters of financial data, the company's interest expenses relative to total expenses have remained consistently below the 5% threshold that would indicate material reliance on interest-bearing debt. The interest expense ratios demonstrate that interest is not a significant part of the company's operational model.

Operational Ethics

Pass

After reviewing available public information, SEC filings, and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the state of Israel or direct involvement with the Chinese Communist Party that would raise concerns.

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