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PRMW – Primo Water Corp

Not Compliant

Primo Water Corp is not Shariah Compliant because it fails the financial ratios.

Primo Water Corporation is a provider of sustainable drinking water solutions in North America. Its razorblade offering comprises Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, the Company delivers sustainable hydration solutions direct to customers, whether at home or to businesses. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. Once consumed, empty bottles are exchanged at its recycling center displays, which provide a ticket that offers a discount on the purchase of a new bottle. Water Exchange is offered in over 17,500 retail locations. Through its Water Refill business, customers refill empty bottles at nearly 23,500 self-service drinking water stations. It also offers water filtration units across North America. The razor in the Company’s revenue model is a line-up with water dispensers, which are sold through over 10,800 retail locations and online at various price points.

AAOIFI ✗

Debt ÷ Market cap (MC)44
Non-Compliant Assets ÷ MC

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