IDEXX Laboratories Inc
IDXXCompany Overview
IDEXX Laboratories, Inc. engages in the development, manufacture, and distribution of products and services for the animal veterinary, livestock and poultry, dairy, and water testing markets. It operates through the following segments: Companion Animal Group (CAG), Water Quality Products (Water), Livestock, Poultry, and Dairy (LPD), and Other. The CAG segment provides diagnostic and information management-based products and services for the companion animal veterinary industry, including in-clinic diagnostic solutions, outside reference laboratory services, and veterinary software and services. The Water segment offers innovative testing solutions for easy, rapid, and accurate detection and quantification of various microbiological parameters in water. The LPD segment develops diagnostic tests, services, and related instrumentation that are used to manage the health status of livestock and poultry, to improve producer efficiency, and to ensure the quality and safety of milk and food. The Other segment is composed of products for the human point-of-care medical diagnostics market with its out-licensing arrangements. The company was founded by David Evans Shaw on December 19, 1983, and is headquartered in Westbrook, ME.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | IDEXX Laboratories Inc |
| Ticker | IDXX |
| Main Business | Diagnostics & Research |
| Type | Common Stock |
| Industry | Diagnostics & Research |
| Country | US |
| Market Cap | $45.45 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| CAG segment revenue | $3,058.8 | $0.0 | - |
| Water segment revenue | $155.7 | $0.0 | - |
| LPD segment revenue | $122.6 | $0.0 | - |
| Other segment revenue | $30.2 | $0.0 | - |
| Interest income | $1.1 | $1.1 | - |
| Total | $3,368.4 | $1.1 | 0.03% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $344,800,000.0 | 0.76% |
| long term debt and capital lease obligation | $722,550,000.0 | 1.59% |
| Total Interest-Bearing Debt | $1,067,350,000.0 | 2.35% |
| Market Capitalization | $45,447,494,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |