Eversource Energy
0.14 %
6.86 %
Yet to be announced
Company Overview
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity, solar power facilities, and natural gas distribution.
Revenue Sources
PassBased on the review of Eversource Energy's financial statements and business operations, the company's primary revenue streams come from regulated utility services including electricity and natural gas distribution. These core business activities are halal as they provide essential services and involve the exchange of real products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $4.12b | $3.49b | - | $300.85m | 0.00% | 8.61% |
| Dec. 31, 2024 | $2.97b | $2.91b | - | $288.69m | 0.00% | 9.91% |
| Sept. 30, 2024 | $3.06b | $2.75b | - | $300.58m | 0.00% | 10.92% |
| June 30, 2024 | $2.53b | $2.2b | - | $271.32m | 0.00% | 12.32% |
Analysis of the last four quarters shows that interest expenses represent a significant portion of total expenses. The interest expense to total expense ratios consistently exceed 5% across all quarters examined. This level of interest in the company's operations is considered material.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the northeastern United States.
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