Cable One Inc

CABO

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Technology
USA
Micro Cap

Cable One Inc is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

19.1%

Impure Income*

$10.917

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
HOLD
$114.75
7
-7.26%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
27.19%
-23.74%
0.00
0.40
128.80%

Shariah Compliance

Debt
100%
Non-Compliant Assets
13.49%
Impure Income
19.1%

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
19.1%

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
100%
Impure Income
19.1%

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
56.3%
Cash
3.56%
Cash & AR
4.4%
Impure Income
19.1%

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
56.3%
Cash
3.56%
Cash & AR
4.4%
Impure Income
19.1%

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

Video
19.1%
Interest Income
-

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

Cable One, Inc. is a broadband communications provider. The Company is an integrated provider of data, video and voice services to residential and business customers across various geographic regions in the United States, with a primary focus on residential data and business data services. It provides services that are similar to those provided by cable companies, telephone companies, wireless companies and fiber providers, among others. Its broadband offers a download speed of up to 1 Gigabit per second (Gbps) for residential customers. It also offers a wireless fidelity (Wi-Fi) solution to residential customers, allowing them to rent one or more modems. It provides up to 1 Gbps download speeds over hybrid fiber-coaxial (HFC), up to 5 Gbps symmetrical speeds over shared fiber and up to 100 Gbps symmetrical speeds over dedicated enterprise fiber. Its products include Residential Data Services, Business Data and Other Services, Residential Video Services and Residential Voice Services.