TE Connectivity
0.0167916615804036 %
59.46 %
Yet to be announced
Company Overview
TE Connectivity Ltd. is a global technology company that designs and manufactures connectivity and sensor solutions. The company produces electronic components for various industries including automotive, industrial equipment, data communication systems, aerospace, defense, medical, and consumer electronics. Their products include connectors, sensors, antennas, relays, and wire and cable assemblies.
Revenue Sources
PassBased on TE Connectivity's SEC filings and financial statements, the company's primary revenue sources come from the design, manufacturing, and sale of connectivity and sensor solutions. These products and services are halal as they provide tangible value and involve the exchange of real assets. There is no indication of revenue from prohibited sources such as alcohol, gambling, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 28, 2024 | $3.98b | $3.24b | - | $18.0m | 0.00% | 0.56% |
| March 29, 2024 | $3.97b | $3.29b | - | $19.0m | 0.00% | 0.58% |
| Dec. 29, 2023 | $3.83b | $3.15b | - | $18.0m | 0.00% | 0.57% |
| Sept. 29, 2023 | $4.04b | $3.42b | - | $19.0m | 0.00% | 0.56% |
Analyzing the last four quarters of financial data, TE Connectivity's interest expenses relative to total expenses have been consistently minimal. Interest expense ratios for the past four quarters have remained well below the 5% threshold that would indicate material reliance on interest-bearing debt.
Operational Ethics
PassWhile TE Connectivity operates globally, including having operations in China, there is no clear evidence of material ongoing collaboration with the Chinese Communist Party. The company maintains standard business operations in various countries, but no concerning direct ties to entities involved in human rights violations have been identified.
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