Air Products & Chemicals Inc
APDCompany Overview
Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries. The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Air Products & Chemicals Inc |
| Ticker | APD |
| Main Business | Industrial Inorganic Chemicals |
| Type | Securities |
| Industry | Specialty Chemicals |
| Country | US |
| Market Cap | $66.79 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Sales | $12,100.6 | $0.0 | On-Site Gases, Merchant Gase. All Shariah |
| Gain on sale of business | $1,575.6 | $0.0 | - |
| Other income (expense), net | $58.2 | $0.0 | primarily due to higher income from the sale of assets as well as the favorable settlement of a legal dispute |
| Equity affiliates' income | $647.7 | $0.0 | - |
| Total | $14,382.1 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $795,200,000.0 | 1.19% |
| long term debt and capital lease obligation | $14,210,000,000.0 | 21.27% |
| derivative product liabilities | $56,000,000.0 | 0.08% |
| Total Interest-Bearing Debt | $15,061,200,000.0 | 22.55% |
| Market Capitalization | $66,794,056,800.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |