Orion Group Holdings Inc
0.0 %
42.23 %
Yet to be announced
Company Overview
Orion Group Holdings, Inc. is a specialty construction company that provides services in both marine and concrete construction in the United States, Alaska, Canada, and the Caribbean Basin. The company operates through two segments: Marine and Concrete. The Marine segment provides various marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities; marine pipelines; marine environmental structures; and bridges. The Concrete segment offers concrete construction services including light commercial, structural, and other concrete construction in various regions.
Revenue Sources
Based on their SEC filings and business operations, Orion Group Holdings Inc's revenue comes primarily from marine and concrete construction services. These activities are halal as they involve providing real construction and infrastructure services. There is no indication of revenue from prohibited sources such as gambling, alcohol, tobacco, or interest-based financial services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $226.68m | $222.51m | - | $3.62m | 0.00% | 1.63% |
| June 30, 2024 | $192.17m | $198.28m | - | $3.35m | 0.00% | 1.69% |
| March 31, 2024 | $160.67m | $167.17m | - | $3.37m | 0.00% | 2.02% |
| Dec. 31, 2023 | $201.59m | $206.17m | - | $3.98m | 0.00% | 1.93% |
Looking at the last four quarters of financial data, the company's interest expense ratios relative to total expenses were consistently below the 5% threshold that would indicate material reliance on interest-bearing debt. The company primarily generates revenue through its construction operations rather than interest-based activities.
Operational Ethics
Based on available information from SEC filings and company reports, Orion Group Holdings Inc operates primarily in the United States, Alaska, Canada, and the Caribbean Basin. There is no evidence of current material business relationships with the state of Israel or the Chinese Communist Party.
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