Sirius XM Holdings Inc
-5.14 %
514.04 %
Yet to be announced
Company Overview
Sirius XM Holdings Inc. is a leading audio entertainment company that operates through two main segments: Sirius XM and Pandora. The company primarily provides subscription-based satellite radio services, featuring music, sports, entertainment, comedy, talk, news, traffic, and weather channels, as well as infotainment services.
The company generates revenue primarily through subscription fees, advertising, equipment sales, and other ancillary services. Their core business model revolves around providing premium audio content and services to consumers through satellite radio and streaming platforms.
Revenue Sources
PassAfter reviewing Sirius XM's revenue sources, the company's primary income streams come from subscription fees, advertising, and equipment sales, which are halal business activities. The content provided includes music, sports, news, and entertainment programming, which generally falls within acceptable parameters. While some content may include controversial material, this represents an insignificant portion of overall revenue.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $2.18b | $1.83b | - | $126.0m | 0.00% | 6.87% |
| March 31, 2024 | $2.16b | $1.83b | - | $104.0m | 0.00% | 5.69% |
| Dec. 31, 2023 | $2.29b | $1.9b | - | $103.0m | 0.00% | 5.42% |
| Sept. 30, 2023 | $2.27b | $1.81b | - | $106.0m | 0.00% | 5.85% |
Based on the financial data from the last four quarters: The interest expense ratio ranged from 5.7% to 6.9% of total expenses across all quarters analyzed. This indicates that interest plays a material role in the company's operations, consistently exceeding the 5% threshold.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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