Ameren Corp
-1.45 %
37.43 %
Yet to be announced
Company Overview
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company generates electricity through coal, nuclear, and natural gas, as well as renewable sources. Ameren Missouri, Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission operate through four segments.
Revenue Sources
PassBased on review of Ameren's financial statements and business operations, their revenue is primarily derived from regulated utility services - specifically electricity and natural gas distribution. These core business activities are halal as they provide essential services and involve the exchange of real assets and services. The company does not derive significant revenue from prohibited activities like gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $2.1b | $1.84b | - | $175.0m | 0.00% | 9.50% |
| Dec. 31, 2024 | $1.94b | $1.91b | - | $171.0m | 0.00% | 8.93% |
| Sept. 30, 2024 | $2.17b | $1.76b | - | $173.0m | 0.00% | 9.83% |
| June 30, 2024 | $1.69b | $1.5b | - | $165.0m | 0.00% | 11.02% |
Looking at the last four quarters through September 2024, Ameren's interest expense ratios relative to total expenses were consistently above the 5% threshold: Q3 2024: 9.8%, Q2 2024: 11%, Q1 2024: 9.6%, Q4 2023: 10.1%. This indicates that interest plays a material role in the company's operations, which is typical for regulated utilities that require significant debt financing for infrastructure investments.
Operational Ethics
PassBased on review of public records, SEC filings, and company reports, there is no evidence of significant ongoing associations between Ameren and entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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