Is ALLIENT INC (ALNT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 22.5% / 30% | 3.3% / 30% | 7.1% / 30% | 0.02% / 5% | ✓ HALAL |
| DJIM | 22.5% / 33% | 3.3% / 33% | 7.1% / 33% | 0.02% / 5% | ✓ HALAL |
| MSCI | 43.3% / 33% | 6.3% / 33% | 13.7% / 33% | 0.02% / 5% | ✗ NOT HALAL |
| S&P | 22.5% / 33% | 3.3% / 33% | 7.1% / 33% | 0.02% / 5% | ✓ HALAL |
| FTSE | 43.3% / 33% | 6.3% / 33% | 13.7% / 50% | 0.02% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.8% | |
| Operating Margin | 8.3% | |
| Net Margin | 4.0% | |
| Return on Equity (ROE) | 7.8% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $42M |
| Free Cash Flow | $32M |
| Total Debt | $249M |
| Debt-to-Equity | 67.2 |
| Current Ratio | 3.7 |
| Total Assets | $576M |
Price & Trading
| Last Close | $61.51 |
| 50-Day MA | $63.92 |
| 200-Day MA | $51.30 |
| Avg Volume | 168K |
| Beta | 1.5 |
|
52-Week Range
$19.25
| |
About ALLIENT INC (ALNT)
Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty-controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and the Asia-Pacific. The company offers various products and solutions, including nano precision positioning systems; servo control systems; motion controllers; digital servo amplifiers and drives; brushless servo; torque; coreless motors, brush motors, integrated motor-drives, gear motors, gearing, incremental and absolute optical encoders, and active electronic and passive magnetic filters for power quality and harmonic issues; industrial safety rated input/output modules; universal industrial communications gateways; and light-weighting technologies and other controlled motion-related products. It sells its products in industrial, vehicle, medical, and aerospace and defense markets through direct sales force, authorized manufacturers' representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was founded in 1939 and is headquartered in Amherst, New York.
Purification Calculator
As a halal stock with 0.02% impermissible income, you need to purify your dividends.
Related Halal Stocks in Technology
Frequently Asked Questions
Is ALLIENT INC (ALNT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALLIENT INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ALLIENT INC's debt ratio?
ALLIENT INC's debt ratio is 22.5% 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 43.3%.
Does ALLIENT INC require dividend purification?
Yes, ALLIENT INC has an impermissible income ratio of 0.02%, which means 0.02% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ALLIENT INC's key financial metrics?
ALLIENT INC has a market capitalization of $1.1B, trailing P/E ratio of 47.3, and revenue of $530M. The company maintains a gross margin of 32.8% and a net margin of 4.0%. Return on equity stands at 7.8%.
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.