Is Allied Gaming & Entertainment Inc. (AGAE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 272.4% / 30% | 621.4% / 30% | 165.5% / 30% | 40.26% / 5% | ✗ NOT HALAL |
| DJIM | 272.4% / 33% | 621.4% / 33% | 165.5% / 33% | 40.26% / 5% | ✗ NOT HALAL |
| MSCI | 27.8% / 33% | 63.5% / 33% | 16.9% / 33% | 40.26% / 5% | ✗ NOT HALAL |
| S&P | 272.4% / 33% | 621.4% / 33% | 165.5% / 33% | 40.26% / 5% | ✗ NOT HALAL |
| FTSE | 27.8% / 33% | 63.5% / 33% | 16.9% / 50% | 40.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 48.4% | |
| Operating Margin | -397.1% | |
| Net Margin | -280.1% | |
| Return on Equity (ROE) | -39.5% | |
| Return on Assets (ROA) | -12.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$12M |
| Total Debt | $31M |
| Debt-to-Equity | 69.5 |
| Current Ratio | 1.8 |
| Total Assets | $113M |
Price & Trading
| Last Close | $0.30 |
| 50-Day MA | $0.31 |
| 200-Day MA | $0.91 |
| Avg Volume | 4.4M |
| Beta | 1.5 |
|
52-Week Range
$0.25
| |
About Allied Gaming & Entertainment Inc. (AGAE)
Allied Gaming & Entertainment Inc., through its subsidiaries, operates as a public esports and entertainment company worldwide. It produces a variety of esports and gaming-related content, including tournaments, live and virtual events, and original programming. The company also engages in the development and distribution of mobile casual games; organization of events, shows, and concerts; and operation of a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada. In addition, it offers management and consultation services to experiential entertainment venue operation. The company is based in New York, New York.
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Frequently Asked Questions
Is Allied Gaming & Entertainment Inc. (AGAE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Allied Gaming & Entertainment 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 Allied Gaming & Entertainment Inc.'s debt ratio?
Allied Gaming & Entertainment Inc.'s debt ratio is 272.4% 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 27.8%.
What are Allied Gaming & Entertainment Inc.'s key financial metrics?
Allied Gaming & Entertainment Inc. has a market capitalization of $11M, and revenue of $9M. The company maintains a gross margin of 48.4% and a net margin of -280.1%. Return on equity stands at -39.5%.
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.