ResMed Inc
RMDCompany Overview
ResMed, Inc. engages in providing digital health and cloud-connected medical devices. Its digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, chronic obstructive pulmonary disease, or COPD, and other chronic diseases. The firm operates through the Sleep and Respiratory Care and Software as a Service segments. The Sleep and Respiratory Care segment engages in the sleep and respiratory disorders sector of the medical device industry. The Software as a Service segment provides business management software as a service to out-of-hospital health providers. The company was founded by Peter C. Farrell in June 1989 and is headquartered in San Diego, CA.
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 | ResMed Inc |
| Ticker | RMD |
| Main Business | Medical Instruments & Supplies |
| Type | Common Stock |
| Industry | Medical Instruments & Supplies |
| Country | US |
| Market Cap | $28.10 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Sleep and Breathing Health | $4,100.0 | $0.0 | - |
| Residential Care Software | $584.1 | $0.0 | - |
| Total | $4,684.1 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $35,180,000.0 | 0.13% |
| long term debt and capital lease obligation | $838,760,000.0 | 2.98% |
| Total Interest-Bearing Debt | $873,940,000.0 | 3.11% |
| Market Capitalization | $28,100,456,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |