Hydro One Ltd is not compliant with Shariah. The company’s financials fail all the five standards we check against.
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$16,467,099,609
Market cap
100.13%
Revenue Growth
BUY
Analysts' Rating
AAOIFI
S&P
DJIM
FTSE
MSCI
AAOIFI
AAOIFI ✗
| Debt ÷ Market cap (MC) | 70.49% | ✗ |
| Non-Compliant Assets ÷ MC | % |
| Impure Income (incl. Interest) | 0.04% | ✓ |
| Impure Income | % |
| Interest Income | 0.04% |
| Total | 0.04% |
S&P
S&P ✗
| Debt ÷ 36 mo MC | 89.73% | ✗ |
| Cash ÷ 36 mo MC | 3.3% | ✓ |
| AR ÷ 36 mo MC | 4.62% | ✓ |
DJIM
DJIM ✗
| Debt ÷ 24 mo MC | 82.85% | ✗ |
| Cash ÷ 24 mo MC | 3.05% | ✓ |
| AR ÷ 24 mo MC | 4.27% | ✓ |
FTSE
FTSE ✗
| Debt ÷ Assets | 48.27% | ✗ |
| Cash ÷ Assets | 1.78% | ✓ |
| Cash&AR ÷ Assets | 4.26% | ✓ |
| Impure Income (incl. Interest) | 0.04% | ✓ |
| Impure Income | % |
| Interest Income | 0.04% |
| Total | 0.04% |
MSCI
MSCI ✗
| Debt ÷ Assets | 48.27% | ✗ |
| Cash ÷ Assets | 1.78% | ✓ |
| Cash&AR ÷ Assets | 4.26% | ✓ |
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Recommendation Rating
2.5
1
2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 28.06
Low: 24.79
High: 30.99
Total Analysts: 14
Company Profile
Hydro One Limited is a Canada-based company, which is engaged in the business of transmission and distribution of electricity to customers within Ontario. The Company operates through three segments: Transmission, Distribution and Other. The Transmission Segment, which comprises the transmission of high voltage electricity across the province, interconnecting local distribution companies and certain directly connected industrial customers throughout the Ontario electricity grid. The Distribution Segment, which comprises the delivery of electricity to end customers and certain other municipal electricity distributors. The other segment consists of Company’s subsidiary, Acronym Solutions Inc., which provides telecommunications support for the Company’s transmission and distribution businesses. The Company’s subsidiaries include Hydro One Inc., Hydro One Networks Inc. (Hydro One Networks), Hydro One Sault Ste. Marie LP (HOSSM) and B2M Limited Partnership (B2M LP), among others.
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