ResMed

Halal Rating :
Comfortable
Last Price $244
Market Cap $35.32b
1D Change

1.82 %

1 Year Change

26.93 %

Next Earnings Date

Yet to be announced

Company Overview

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company also provides AirView, a system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools.

Revenue Sources

Pass

Based on ResMed's SEC filings and product portfolio, their revenue comes primarily from medical devices, software solutions, and related services for treating respiratory conditions. Their business model focuses on improving patient outcomes through legitimate medical treatments and healthcare solutions. There is no evidence of revenue from prohibited sources such as alcohol, tobacco, gambling, or other haram activities.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 31, 2024 $1.28b $864.85m - - 0.00% 0.00%
Sept. 30, 2024 $1.22b $837.2m - - 0.00% 0.00%
June 30, 2024 $1.22b $841.98m - - 0.00% 0.00%
March 31, 2024 $1.2b $833.42m - $11.03m 0.00% 1.32%

Looking at the last four quarters of financial data, ResMed's interest expense has been minimal or zero in recent quarters. Interest expense was $0 in the two most recent quarters (Sep 2024 and Jun 2024), and $11.026M and $13.805M in the previous two quarters. When compared to total expenses, these figures represent an insignificant portion of the company's financial activity, well below concerning thresholds.

Operational Ethics

Pass

After reviewing ResMed's public disclosures, operations, and business relationships, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's global operations appear to be conducted in compliance with international laws and ethical standards.

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