ALIMENTATION COUCHE-TARD INC (ATD.TO) - Questionable
ALIMENTATION COUCHE-TARD INC (ATD.TO) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Result
- Doubtful
- Reason
- This company requires further review: description contains keywords that may indicate non-permissible activities: wine, beer, cigarette (and 1 more); the industry "Specialty Retail" has mixed revenue streams that require further analysis. The sector "Consumer Cyclical" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 29.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 6.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.16%.Based on the company's financial statements, approximately 0.16% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.16% of total income). Some scholars may differ on the exact calculation method.
About ALIMENTATION COUCHE-TARD INC
Alimentation Couche-Tard Inc. operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, beverages, beer, wine, fresh food offerings comprising quick-service restaurants, candy and snacks, grocery items, and car wash and other services; road transportation fuels and operates electric vehicle charging stations; sells energy for stationary engines and aviation fuels; sells lottery tickets, and calling and gift cards; franchise and license fees; royalties from franchisees and licensees; and automatic teller machines. The company operates its convenience store chain under various banners, including Circle K, Couche-Tard, and Ingo. In addition, it operates and licenses stores operated under the Circle K banner in Egypt, Guam, Guatemala, Honduras, Indonesia, Macau, Mexico, Morocco, New Zealand, Saudi Arabia, South Africa, Tanzania, the United Arab Emirates, and Vietnam. The company was formerly known as Actidev Inc. and changed its name to Alimentation Couche-Tard Inc. in December 1994. Alimentation Couche-Tard Inc. was founded in 1980 and is headquartered in Laval, Canada.
