VF Corporation

Halal Rating :
Comfortable
Last Price $26.5
Market Cap $9.96b
1D Change

0.0 %

1 Year Change

61.15 %

Next Earnings Date

Yet to be announced

Company Overview

VF Corporation is a global leader in branded lifestyle apparel, footwear, and accessories. The company owns and operates a diverse portfolio of iconic brands including The North Face, Vans, Timberland, and Dickies. VF Corporation designs, produces, markets and distributes these products through various channels including direct-to-consumer, wholesale, and digital platforms worldwide.

Revenue Sources

Pass

Based on review of VF Corporation's business activities and revenue sources, the company primarily generates revenue from the sale of apparel, footwear, and accessories. None of these product categories are inherently haram. The company does not derive significant revenue from prohibited activities such as alcohol, tobacco, gambling, or adult entertainment.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 28, 2024 $2.83b $2.65b - $43.34m 0.00% 1.63%
Sept. 28, 2024 $2.76b $2.53b - $46.37m 0.00% 1.83%
June 29, 2024 $1.91b $2.21b - $59.23m 0.00% 2.68%
March 30, 2024 $2.49b $2.91b - $76.61m 0.00% 2.63%

Analyzing the last four quarters of financial data: The company's interest expenses relative to total expenses have been: 1.83% for Q3 2024, 2.68% for Q2 2024, 2.63% for Q1 2024, and 2.21% for Q4 2023. While some quarters show interest expense ratios slightly above 2.5%, they are not consistently above this threshold across all four quarters.

Operational Ethics

Pass

After reviewing available information, VF Corporation maintains standard business operations globally but does not appear to have significant direct ties with entities involved in human rights violations. There is no evidence of substantial ongoing projects or R&D centers in Israel or direct collaboration with the Chinese Communist Party beyond normal business operations.

Rating Justification

Member Vote

Agree: 0 Disagree: 1

Login to vote on this

Comments

0 Comments

Login to join the discussion

Recent News & Updates