WestRock
0.0 %
-0.66 %
Yet to be announced
Company Overview
WestRock Company is a multinational provider of paper and packaging solutions. The company manufactures and sells corrugated packaging, consumer packaging, containerboard, paperboard, and recycled fiber. Their products serve various industries including food and beverage, healthcare, beauty, automotive, and e-commerce.
WestRock was formed in 2015 through the merger of MeadWestvaco and RockTenn. The company operates numerous mills, converting facilities, and design centers across North America, South America, Europe, and Asia Pacific.
Revenue Sources
PassBased on WestRock's SEC filings and company reports, their revenue primarily comes from paper and packaging products, which are halal business activities. The company's core operations focus on manufacturing corrugated packaging, containerboard, and paperboard products. There is no evidence of significant revenue from haram sources such as alcohol, tobacco, gambling, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $4.73b | $4.61b | - | $600,000 | 0.00% | 0.01% |
| Sept. 30, 2023 | $4.99b | $5.03b | - | - | 0.00% | 0.00% |
| June 30, 2023 | $5.12b | $4.76b | - | - | 0.00% | 0.00% |
| March 31, 2023 | $5.28b | $7.28b | - | $6.0m | 0.00% | 0.08% |
Looking at the most recent four quarters, WestRock's interest expense ratios have been consistently low relative to total expenses. Even in quarters where interest expenses were reported, they represented an insignificant portion of total expenses, well below concerning levels for halal compliance.
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. While WestRock has international operations, there are no documented material ties to the Chinese Communist Party or the state of Israel that would raise concerns.
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