Alliant Energy

Halal Rating :
Uncomfortable
Last Price $61.1
Market Cap $17.31b
1D Change

-0.05 %

1 Year Change

21.86 %

Next Earnings Date

Yet to be announced

Company Overview

Alliant Energy Corporation provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on Mississippi River.

Revenue Sources

Pass

Based on the company's financial statements and business operations, Alliant Energy's primary revenue sources come from regulated utility services - specifically electricity generation/distribution and natural gas distribution. These core business activities are halal as they provide essential services and involve the exchange of real assets and services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 31, 2024 $975.0m $874.0m - $120.0m 0.00% 13.73%
Sept. 30, 2024 $1.08b $882.0m - $114.0m 0.00% 12.93%
June 30, 2024 $894.0m $872.0m - $108.0m 0.00% 12.39%
March 31, 2024 $1.03b $916.0m - $107.0m 0.00% 11.68%

Analysis of the last four quarters shows interest expenses ranging from $105M to $114M per quarter, while total expenses ranged from $872M to $916M. The interest expense to total expense ratios consistently exceed 5% of total expenses, indicating that interest plays a material role in the company's operations.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.

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