Is ACCS (ACCS) Halal?

AMEX Communication Services United States $33M
✗ NOT HALAL
Confidence: 90/100
ACCS (ACCS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 57.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. ACCS operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 57.4%
/ 30%
14.2%
/ 30%
11.6%
/ 30%
61.02%
/ 5%
✗ NOT HALAL
DJIM 57.4%
/ 33%
14.2%
/ 33%
11.6%
/ 33%
61.02%
/ 5%
✗ NOT HALAL
MSCI 32.8%
/ 33%
8.1%
/ 33%
6.6%
/ 33%
61.02%
/ 5%
✗ NOT HALAL
S&P 57.4%
/ 33%
14.2%
/ 33%
11.6%
/ 33%
61.02%
/ 5%
✗ NOT HALAL
FTSE 32.8%
/ 33%
8.1%
/ 33%
6.6%
/ 50%
61.02%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.40
P/B Ratio
1.1
EV/EBITDA
24.7
EV: $33M
Revenue
$23M
Growth: -0.5%
Beta
0.9
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 76.5%
Operating Margin -17.3%
Net Margin 19.0%
Return on Equity (ROE) -5.6%
Return on Assets (ROA) -1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$3M
Free Cash Flow$3M
Total Debt$17M
Debt-to-Equity10.8
Current Ratio0.9
Total Assets$51M

Price & Trading

Last Close$8.56
50-Day MA$7.82
200-Day MA$9.73
Avg Volume22K
Beta0.9
52-Week Range
$6.51
$13.35

About ACCS (ACCS)

CEO
Mr. Brian R. Balbirnie
Employees
91
Sector
Communication Services
Industry
Advertising Agencies
Country
United States
Exchange
AMEX
Market Cap
$33M
Currency
USD

ACCESS Newswire Inc. provides solutions for public relations and investor relations in the United States and internationally. The company offers press release and optimizer, media database and pitching, media monitoring, and media room; ACCESS Newswire, a news dissemination and media outreach solution; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events. It also offers professional conference and events software, a mobile app that offers one-on-one meetings, as well as manage schedules and lodging, perform event promotion and sponsorship, and print attendee badges; and investor relations content network, a series of data feeds, which include news feeds, stock feeds, fundamentals, regulatory filings, corporate governance, and other components. In addition, the company provides whistleblower hotline, a system that delivers secure notifications and basic incident workflow management processes that align with a company's corporate governance policies. It serves public and private companies. The company was formerly known as Issuer Direct Corporation and changed its name to ACCESS Newswire Inc. in January 2025. ACCESS Newswire Inc. was incorporated in 1988 and is headquartered in Raleigh, North Carolina.

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Frequently Asked Questions

Is ACCS (ACCS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ACCS 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 ACCS's debt ratio?

ACCS's debt ratio is 57.4% 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 32.8%.

What are ACCS's key financial metrics?

ACCS has a market capitalization of $33M, and revenue of $23M. The company maintains a gross margin of 76.5% and a net margin of 19.0%. Return on equity stands at -5.6%.

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.