Grey Wolf Animal Health Corp

WOLF.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

Grey Wolf Animal Health Corp is not Shariah Compliant because it fails the financial ratios.

0.28%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
32.33%
7.10%
2.63%
1.46
2.35
0.00%

Shariah Compliance

Debt
60.43%
Non-Compliant Assets
0.00%
Impure Income
0.28%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
100%
Impure Income
0.28%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
94.39%
Impure Income
0.28%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
41.10%
Cash
9.46%
Cash & AR
14.00%
Impure Income
0.28%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
41.10%
Cash
9.46%
Cash & AR
14.00%
Impure Income
0.28%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.28%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Grey Wolf Animal Health Corp. is a Canadian diversified animal health company. The Company markets a portfolio of products that meets the unmet needs of veterinarians, clinics, and pets. The Company operates two business units: Animal Health business unit and Pharmacy business unit. The Animal Health business unit focuses on selling, marketing and distributing pharmaceutical, nutraceutical, and consumable products to veterinary clinics across Canada. The Pharmacy business unit compounds pharmaceuticals, primarily for animal and human use, all based on prescriptions received from veterinarians, physicians, and patients. Its product categories include companion animals and equine health. The companion animal product category includes pharmaceuticals, wound care, nutraceuticals, and disposables. Its equine health products include SUCCEED Digestive Conditioning Program, SUCCEED Equine Fecal Blood Test, and Equi-Tape.

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