Polaris Infrastructure Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.
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PIF – Polaris Infrastructure Inc
Not Compliant
—X—
- Independent Power Producers
- Toronto Stock Exchange
- July 16, 2022
$300,302,420
Market cap
125.54%
Revenue Growth
BUY
Analysts' Rating
AAOIFI
S&P
DJIM
FTSE
MSCI
AAOIFI
AAOIFI ✗
| Debt ÷ Market cap (MC) | 58.38% | ✗ |
| Non-Compliant Assets ÷ MC | 1.02% | ✓ |
| Impure Income (incl. Interest) | 0.63% | ✓ |
| Impure Income | % |
| Interest Income | 0.63% |
| Total | 0.63% |
S&P
S&P ✗
| Debt ÷ 36 mo MC | 82.23% | ✗ |
| Cash ÷ 36 mo MC | 45.93% | ✗ |
| AR ÷ 36 mo MC | % |
DJIM
DJIM ✗
| Debt ÷ 24 mo MC | 71.54% | ✗ |
| Cash ÷ 24 mo MC | 39.96% | ✗ |
| AR ÷ 24 mo MC | % |
FTSE
FTSE ✗
| Debt ÷ Assets | 34.87% | ✗ |
| Cash ÷ Assets | 19.48% | ✓ |
| Cash&AR ÷ Assets | 19.48% | ✓ |
| Impure Income (incl. Interest) | 0.63% | ✓ |
| Impure Income | % |
| Interest Income | 0.63% |
| Total | 0.63% |
MSCI
MSCI ✗
| Debt ÷ Assets | 34.87% | ✗ |
| Cash ÷ Assets | 19.48% | ✓ |
| Cash&AR ÷ Assets | 19.48% | ✓ |
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Recommendation Rating
1.6
1
2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 22.07
Low: 18.71
High: 24.17
Total Analysts: 5
Company Profile
Polaris Infrastructure Inc. is a Canada-based company, which is engaged in the acquisition, exploration, development, and operation of geothermal and renewable energy projects in Latin America. The Company, through its subsidiaries Polaris Energy Nicaragua, S.A. (PENSA) and San Jacinto Power International Corporation (SJPIC), owns and operates a 72-megawatt (MW) (net) capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua, near the city of Leon. Through its subsidiary Empresa de Generacion Electrica SAC (EGECSAC), the Company owns and operates a run-of-river hydroelectric project with a rated capacity of approximately five MW (net) located in the Canchayllo district of Peru. The Company through its subsidiary Generacion Andina SAC (GASAC), also owns and operates two run-of-river hydroelectric projects, with capacity of approximately eight MW (net) and 20 MW (net).
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