Merck & Co Inc

MRK
Passed

Company Overview

Merck & Co., Inc. is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products. The Animal Health segment discovers, develops, manufactures, and markets animal health products, such as pharmaceutical and vaccine products, for the prevention, treatment and control of disease in livestock, and companion animal species. The Other segment consists of sales for the non-reportable segments of healthcare services. The company was founded in 1891 and is headquartered in Kenilworth, NJ.

Country
US
Market Cap
$275.82B
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
0.26% passed
5% Threshold
0.3%
Liabilities Compliance
12.71% passed
33% Threshold
12.7%
Final Shariah Status
Passed

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

Stock Information
Name Merck & Co Inc
Ticker MRK
Main Business Drug Manufacturers—General
Type Common Stock
Industry Drug Manufacturers—General
Country US
Market Cap $275.82 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Pharmaceutical $52,010.0 $0.0 -
Animal Health $5,550.0 $0.0 -
Other $1,730.0 $0.0 -
Interest income $157.0 $157.0 -
Total $59,447.0 $157.0 0.26% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,370,000,000.0 0.50%
long term debt and capital lease obligation $33,680,000,000.0 12.21%
Total Interest-Bearing Debt $35,050,000,000.0 12.71%
Market Capitalization $275,820,600,000.0 100.00%
Compliance Status Threshold: 33% passed