PPG Industries
1.83 %
-14.78 %
Yet to be announced
Company Overview
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings and specialty coatings. The Industrial Coatings division also provides TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes and loyalty and identification cards.
Revenue Sources
PassBased on the company's SEC filings and financial reports, PPG Industries' primary revenue streams come from the production and sale of paints, coatings, and specialty materials. These products and services are halal in nature, as they involve the manufacture and sale of tangible goods that serve legitimate business purposes.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $3.68b | $3.23b | - | $56.0m | 0.00% | 1.74% |
| Dec. 31, 2024 | $2.17b | $2.23b | - | $57.0m | 0.00% | 2.55% |
| Sept. 30, 2024 | $4.58b | $4.01b | - | $67.0m | 0.00% | 1.67% |
| June 30, 2024 | $4.79b | $4.12b | - | $62.0m | 0.00% | 1.51% |
Analyzing the most recent four quarters, PPG's interest expenses as a percentage of total expenses have been consistently low. The company's interest expenses ranged from $55 million to $67 million per quarter, while total expenses ranged from $3.8 billion to $4.1 billion. The interest expense ratio remains well below the 5% threshold for all quarters examined.
Operational Ethics
PassAfter reviewing available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. While PPG does operate globally, including in China, there is no clear evidence of material ties to the Chinese Communist Party.
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