Molson Coors Beverage Company

Halal Rating :
Uncomfortable
Last Price $54.2
Market Cap $10.44b
1D Change

3.63 %

1 Year Change

4.45 %

Next Earnings Date

Yet to be announced

Company Overview

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. The company was founded in 1774 and is based in Golden, Colorado. It offers flavored malt beverages, craft, and ready-drink beverages.

Revenue Sources

Fail

Based on the company's SEC filings and financial reports, Molson Coors derives virtually all of its revenue from the production and sale of alcoholic beverages, which are considered haram products in Islamic finance. The company's core business model is centered around brewing and selling beer and other alcoholic beverages.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 31, 2024 $3.24b $2.86b - - 0.00% 0.00%
Sept. 30, 2024 $3.6b $3.15b - - 0.00% 0.00%
June 30, 2024 $3.84b $3.24b - - 0.00% 0.00%
March 31, 2024 $3.05b $2.73b - - 0.00% 0.00%

Based on the provided financial data for the last four quarters, both interest income and interest expense are reported as $0. However, this appears to be incomplete data as the company does carry debt and pays interest according to their SEC filings. Without complete interest-related figures, we cannot make a definitive assessment of this criterion.

Operational Ethics

Pass

After reviewing the company's operations and public disclosures, 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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