Johnson & Johnson

JNJ
Passed

Company Overview

Johnson & Johnson is a holding company, which engages in the research and development, manufacture and sale of products in the health care field. It operates through the following segments: Consumer Health, Pharmaceutical, and MedTech. The Consumer Health segment includes products focused on personal healthcare used in the Skin Health/Beauty, Over-the-Counter medicines, Baby Care, Oral Care, Women’s Health and Wound Care markets. The Pharmaceutical segment focuses on therapeutic areas, such as immunology, infectious diseases, neuroscience, oncology, pulmonary hypertension, and cardiovascular and metabolic diseases. The MedTech segment offers products used in the interventional solutions. The company was founded by Robert Wood Johnson I, James Wood Johnson, and Edward Mead Johnson Sr. in 1886 and is headquartered in New Brunswick, NJ.

Country
US
Market Cap
$377.74B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

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
Business Compliance
0.51% passed
5% Threshold
0.5%
Liabilities Compliance
7.76% passed
33% Threshold
7.8%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Johnson & Johnson
Ticker JNJ
Main Business Drug Manufacturers—General
Type Common Stock
Industry Drug Manufacturers—General
Country US
Market Cap $377.74 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Innovative Medicine $52,560.0 $0.0 -
MedTech $27,430.0 $0.0 -
Consumer Health $14,950.0 $0.0 -
Interest income $490.0 $490.0 -
Total $95,430.0 $490.0 0.51% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $3,450,000,000.0 0.91%
long term debt and capital lease obligation $25,880,000,000.0 6.85%
Total Interest-Bearing Debt $29,330,000,000.0 7.76%
Market Capitalization $377,743,400,000.0 100.00%
Compliance Status Threshold: 33% passed