Is ANGIODYNAMICS INC (ANGO) Halal?
Shariah Screening — 5 Standards
Based on financial data from May 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 12.5% / 30% | 9.7% / 30% | 3.74% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 12.5% / 33% | 9.7% / 33% | 3.74% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 20.0% / 33% | 15.4% / 33% | 3.74% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 12.5% / 33% | 9.7% / 33% | 3.74% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 20.0% / 33% | 15.4% / 50% | 3.74% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 54.6% | |
| Operating Margin | -3.1% | |
| Net Margin | -9.0% | |
| Return on Equity (ROE) | -15.3% | |
| Return on Assets (ROA) | -4.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$15M |
| Debt-to-Equity | 6.7 |
| Current Ratio | 2.2 |
| Total Assets | $280M |
Price & Trading
| Last Close | $11.27 |
| 50-Day MA | $10.80 |
| 200-Day MA | $10.90 |
| Avg Volume | 536K |
| Beta | 0.4 |
|
52-Week Range
$8.36
| |
About ANGIODYNAMICS INC (ANGO)
AngioDynamics, Inc., a medical technology company, designs, manufactures, and sells medical, surgical, and diagnostic devices for the use in treating peripheral vascular disease, and oncology and surgical settings in the United States and internationally. It offers Auryon Atherectomy system that delivers an optimized wavelength and short pulse width to remove lesions while preserving vessel wall endothelium. The company's thrombus management portfolio includes AlphaVac mechanical thrombectomy system, an emergent mechanical aspiration device that eliminates the need for perfusionist support; thrombolytic catheters that are used to deliver thrombolytic agents, which are drugs to dissolve blood clots in hemodialysis access grafts, arteries, veins, and surgical bypass grafts; and AngioVac venous drainage cannula and extracorporeal circuit for use in extracorporeal circulatory support procedures for periods of up to six hours, as well as with other manufacturers' off-the-shelf pump, filter, and reinfusion cannula facilitate venous drainage. It also offers NanoKnife IRE Ablation System, an alternative to traditional thermal ablation for the surgical ablation of soft tissue; and peripheral products, which includes angiographic catheters, diagnostic and interventional guidewires, and coaxial micro-introducer kits for use in peripheral diagnostic and interventional procedures. In addition, the company provides abscession drainage catheters for multi-purpose/general, nephrostomy, and biliary drainage; micro-access kits offer interventional physicians a smaller introducer system for minimally invasive procedures; VenaCure EVLT system that are used in endovascular laser procedures to treat superficial venous disease; and Solero Microwave Tissue Ablation System includes solero microwave generator and the solero MW applicators. AngioDynamics, Inc. was founded in 1988 and is headquartered in Latham, New York.
Purification Calculator
As a halal stock with 3.74% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ANGIODYNAMICS INC (ANGO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ANGIODYNAMICS 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 ANGIODYNAMICS INC's debt ratio?
ANGIODYNAMICS INC's debt ratio is 0.0% 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 0.0%.
Does ANGIODYNAMICS INC require dividend purification?
Yes, ANGIODYNAMICS INC has an impermissible income ratio of 3.74%, which means 3.74% 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 ANGIODYNAMICS INC's key financial metrics?
ANGIODYNAMICS INC has a market capitalization of $449M, and revenue of $292M. The company maintains a gross margin of 54.6% and a net margin of -9.0%. Return on equity stands at -15.3%.
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.