Sempra Energy
-0.62 %
0.13 %
Yet to be announced
Company Overview
Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system.
Revenue Sources
PassBased on review of Sempra's financial statements and business operations, the company's primary revenue sources come from regulated utility operations providing essential electricity and natural gas services. These core business activities are halal as they involve the provision of necessary energy services and infrastructure. There is no evidence of significant revenue from prohibited sources like gambling, alcohol, tobacco, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $3.76b | $2.82b | - | $105.0m | 0.00% | 3.73% |
| Sept. 30, 2024 | $2.78b | $2.66b | - | $328.0m | 0.00% | 12.34% |
| June 30, 2024 | $3.01b | $2.75b | - | $311.0m | 0.00% | 11.31% |
| March 31, 2024 | $3.64b | $3.05b | - | $305.0m | 0.00% | 10.01% |
Analysis of Sempra's financial data shows interest expenses represent a significant portion of total expenses across the last four quarters. The interest expense to total expense ratios consistently exceed the 5% threshold for what would be considered incidental. This indicates interest plays a material role in the company's operations and financing structure.
Operational Ethics
PassResearch does not indicate any significant ongoing business relationships or material partnerships between Sempra Energy and entities involved in human rights violations. The company's operations are primarily focused in the United States and Mexico.
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