
NortonLifeLock Inc.
-0.18 %
25.19 %
Yet to be announced
Company Overview
NortonLifeLock Inc. provides cyber safety solutions for consumers worldwide. Norton 360 provides protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats. LifeLock identity theft protection solution offers monitoring, alerts, and restoration services to its customers.
Revenue Sources
PassBased on the company's financial statements and business model, NortonLifeLock generates its revenue primarily from cybersecurity software subscriptions and identity protection services. These core business activities are halal as they provide legitimate products and services that protect consumers' digital assets and personal information.
Reliance on Interest
Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|---|---|---|---|---|---|
Dec. 27, 2024 | $986.0m | $753.0m | - | $141.0m | 0.00% | 18.73% |
Sept. 27, 2024 | $974.0m | $721.0m | - | $149.0m | 0.00% | 20.67% |
June 28, 2024 | $965.0m | $701.0m | - | $153.0m | 0.00% | 21.83% |
March 29, 2024 | $967.0m | $728.0m | - | $161.0m | 0.00% | 22.12% |
Analysis of the last four quarters shows that interest expenses represent a significant portion of total expenses. The interest expense ratios consistently exceed the 5% threshold, ranging from 19-21% of total expenses across all quarters examined. This indicates that interest plays a material role in the company's financial structure.
Operational Ethics
PassAfter reviewing available information from SEC filings and company materials, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company maintains standard global operations but no direct ties to concerning entities have been identified.
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