Is ABEONA THERAPEUTICS INC. (ABEO) Halal?

NASDAQ Healthcare United States $245M
✗ NOT HALAL
Confidence: 90/100
ABEONA THERAPEUTICS INC. (ABEO) is Not Halal under AAOIFI Standard 21. While the debt ratio of 8.8% is acceptable, the cash and interest-bearing securities ratio of 37.2% exceeds the 30% threshold. ABEONA THERAPEUTICS INC. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.8%
/ 30%
37.2%
/ 30%
0.6%
/ 30%
N/A ✗ NOT HALAL
DJIM 8.8%
/ 33%
37.2%
/ 33%
0.6%
/ 33%
N/A ✗ NOT HALAL
MSCI 21.2%
/ 33%
89.7%
/ 33%
1.5%
/ 33%
N/A ✗ NOT HALAL
S&P 8.8%
/ 33%
37.2%
/ 33%
0.6%
/ 33%
N/A ✗ NOT HALAL
FTSE 21.2%
/ 33%
89.7%
/ 33%
1.5%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
4.2
Forward: 17.9
EPS
$1.01
P/B Ratio
1.5
EV/EBITDA
-0.9
EV: $78M
Revenue
$0
Beta
1.2
Average volatility
Current Ratio
6.9

Profitability

Gross Margin 0.0%
Operating Margin -422.7%
Net Margin 1223.1%
Return on Equity (ROE) 70.0%
Return on Assets (ROA) -34.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$56M
Free Cash Flow-$58M
Total Debt$23M
Debt-to-Equity15.7
Current Ratio6.9
Total Assets$109M

Price & Trading

Last Close$4.33
50-Day MA$4.99
200-Day MA$5.51
Avg Volume1.2M
Beta1.2
52-Week Range
$3.93
$7.54

About ABEONA THERAPEUTICS INC. (ABEO)

CEO
Dr. Vishwas Seshadri M.B.A., Ph.D.
Employees
226
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$245M
Currency
USD

Abeona Therapeutics Inc., a commercial-stage biopharmaceutical company, develops gene and cell therapies for life-threatening diseases. It develops ZEVASKYN, an autologous, cell-based gene therapy for the treatment of patients with recessive dystrophic epidermolysis bullosa. The company also develops ABO-503 to treat X-linked retinoschisis; ABO-504 for the treatment of stargardt disease; and ABO-505 to treat autosomal dominant optic atrophy. In addition, it is developing AAV-based gene therapy through its AIM vector platform programs. The company was formerly known as PlasmaTech Biopharmaceuticals, Inc. and changed its name to Abeona Therapeutics Inc. in June 2015. Abeona Therapeutics Inc. was founded in 1974 and is headquartered in Cleveland, Ohio.

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Frequently Asked Questions

Is ABEONA THERAPEUTICS INC. (ABEO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ABEONA THERAPEUTICS INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ABEONA THERAPEUTICS INC.'s debt ratio?

ABEONA THERAPEUTICS INC.'s debt ratio is 8.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 21.2%.

What are ABEONA THERAPEUTICS INC.'s key financial metrics?

ABEONA THERAPEUTICS INC. has a market capitalization of $245M, trailing P/E ratio of 4.2. Return on equity stands at 70.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.