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Company report
Review the methodology status, formula details, and supporting context for WAT.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and irrigation and water treatment sectors in Australia, New Zealand, Asia, North America, and Europe. It manufactures and sells solar heating systems for swimming pools and pre-heat industrial solar systems. The company offers pool and spa products, including pumps, filters, filter media products, water sanitizers, minerals, heating products, automation products, lights, cleaners, recirculation products, in floor pool cleaning products, valves, spa equipment, cleaning accessories, chemicals, and commercial and spa equipment. It also provides water treatment products, such as commercial filter media, cooling water filtration, cartridge and bag, centrifugal, and fiberglass media filters, as well as blowers; and residential pressure pumps and water filters and drinking water purifiers. In addition, the company offers aquaculture equipment comprising airflo spa blowers, aquabiome mechanical and biological filters, bio-mec bead media products, heating products and pumps, and multicyclone centrifugal filters. Further, it franchises retail outlets for swimming pool equipment and accessories. Additionally, the company is involved in formulating, packing, and distributing swimming pool chemicals to independent pool stores and stores in its Swimart franchise network. It operates under the Swimart, DAVEY, and WATERCO brands. The company was incorporated in 1981 and is headquartered in Rydalmere, Australia.
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
Financial Data
Company Profile
Financial Data
Haram revenue
Formula
Impermissible Revenue / Total Revenue
Thresholds
Financial Data
Company Website
Methodology
Methodology