Is Alto Ingredients, Inc. (ALTO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 33.7% / 30% | 10.4% / 30% | 17.1% / 30% | 3.23% / 5% | ✗ NOT HALAL |
| DJIM | 33.7% / 33% | 10.4% / 33% | 17.1% / 33% | 3.23% / 5% | ✗ NOT HALAL |
| MSCI | 28.6% / 33% | 8.8% / 33% | 14.5% / 33% | 3.23% / 5% | ✓ HALAL |
| S&P | 33.7% / 33% | 10.4% / 33% | 17.1% / 33% | 3.23% / 5% | ✗ NOT HALAL |
| FTSE | 28.6% / 33% | 8.8% / 33% | 14.5% / 50% | 3.23% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 3.8% | |
| Operating Margin | 3.6% | |
| Net Margin | 1.5% | |
| Return on Equity (ROE) | 5.7% | |
| Return on Assets (ROA) | 1.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $13M |
| Free Cash Flow | $9M |
| Total Debt | $98M |
| Debt-to-Equity | 39.8 |
| Current Ratio | 2.6 |
| Total Assets | $389M |
Price & Trading
| Last Close | $4.43 |
| 50-Day MA | $3.23 |
| 200-Day MA | $1.96 |
| Avg Volume | 1.6M |
| Beta | 0.7 |
|
52-Week Range
$0.76
| |
About Alto Ingredients, Inc. (ALTO)
Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients, including dried yeast, corn protein meal, corn protein feed, corn germ, distillers grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast and gas liquid CO2 for human consumption. The company also provides fuel-grade ethanol used as transportation fuel additives and distillers corn oil used as a renewable diesel and biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. Further, the company operates alcohol production facilities. It sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry, renewable diesel, and biodiesel customers. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.
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Frequently Asked Questions
Is Alto Ingredients, Inc. (ALTO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alto Ingredients, 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 Alto Ingredients, Inc.'s debt ratio?
Alto Ingredients, Inc.'s debt ratio is 33.7% 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 28.6%.
What are Alto Ingredients, Inc.'s key financial metrics?
Alto Ingredients, Inc. has a market capitalization of $349M, trailing P/E ratio of 28.2, and revenue of $918M. The company maintains a gross margin of 3.8% and a net margin of 1.5%. Return on equity stands at 5.7%.
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.