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Company report
Review the methodology status, formula details, and supporting context for RWC.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for the plumbing and heating industries. It offers a range of brass fittings; fitting systems, including push to connect, expansion, crimp, and clamp fittings; pipes; tubing, pipe connections, and other fluid control products; and plumbing valves and supplies. The company also delivers water supply lines, drain hoses, and installation kits; and provides waste and vent solutions, stormwater fittings, and PVC pressure fittings, as well as hose systems, timers, and garden and irrigation products. In addition, it offers products for pipe supports, firestop, and water heater installation. The company sells its products under the SharkBite, JG Speedfit, Cash Acme, Reliance Valves, HoldRite, Eastman, John Guest, EZ-Flo, and Holman brand names. It distributes its products through retail, wholesale, and original equipment manufacturers. The company operates in the United States, Canada, Australia, New Zealand, Korea, China, the United Kingdom, Germany, Spain, Italy, Poland, France, and the Czech Republic. Reliance Worldwide Corporation Limited was founded in 1949 and is based in Atlanta, Georgia.
Debt ratio
Formula
Total Interest-Bearing Debt / Market Capitalization (or Avg for AAOIFI/DJIM)
Thresholds
Cash ratio
Formula
(Cash + Interest-Bearing Securities) / Market Capitalization
Thresholds
Analysis
Haram revenue
Formula
Impermissible Revenue / Total Revenue
Thresholds
Financial Data
Financial Data
Company Website
Methodology
Methodology