2U, Inc.

Halal Rating :
Uncomfortable
Last Price $0
Market Cap $4.39m
1D Change

0.0 %

1 Year Change

1.9 %

Next Earnings Date

Yet to be announced

Company Overview

2U, Inc. is an education technology company that partners with non-profit colleges and universities to build, deliver, and support online programs, including graduate degree programs, undergraduate degree programs, professional certificates, and short courses. The company's platform combines cloud-based software-as-a-service technology with technology-enabled services to enable its clients to deliver high-quality educational content to students in a cost-effective manner.

Revenue Sources

Pass

Based on the company's business model and revenue sources, 2U generates its primary revenue from educational technology services and partnerships with universities. The company's core business activities involve providing digital education platforms and support services, which are halal activities. There is no evidence of revenue from prohibited sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $162.28m $1.12b $364,000 $19.38m 0.22% 1.73%
March 31, 2024 $180.32m $332.79m $577,000 $19.27m 0.32% 5.79%
Dec. 31, 2023 $236.76m $145.13m $862,000 $19.53m 0.36% 13.46%
Sept. 30, 2023 $211.43m $367.45m $363,000 $19.17m 0.17% 5.22%

Analyzing the last four quarters: The company's interest income to revenue ratio ranges from 0.22% to 0.36%, while the interest expense to total expense ratio ranges from 5.8% to 13.3%. The interest expense ratios are consistently above the 5% threshold, indicating that interest plays a material role in the company's operations.

Operational Ethics

Pass

After reviewing available information, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States and partners with American and European educational institutions.

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