Is Sphere 3D Corp. (ANY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 23.5% | |
| Operating Margin | -116.2% | |
| Net Margin | -192.1% | |
| Return on Equity (ROE) | -68.6% | |
| Return on Assets (ROA) | -23.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$14M |
| Current Ratio | 4.8 |
| Total Assets | $43M |
Price & Trading
| Last Close | $1.40 |
| 50-Day MA | $1.82 |
| 200-Day MA | $4.93 |
| Avg Volume | 603K |
| Beta | 3.8 |
|
52-Week Range
$1.08
| |
About Sphere 3D Corp. (ANY)
Sphere 3D Corp. engages in the bitcoin mining business. The company is involved with bitcoin mining pool operators as its customers to provide a service to perform hash calculations for the mining pool operators. The company is based in Stamford, Connecticut.
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Frequently Asked Questions
Is Sphere 3D Corp. (ANY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sphere 3D Corp. 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 Sphere 3D Corp.'s debt ratio?
Sphere 3D Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Sphere 3D Corp.'s key financial metrics?
Sphere 3D Corp. has a market capitalization of $5M, and revenue of $17M. The company maintains a gross margin of 23.5% and a net margin of -192.1%. Return on equity stands at -68.6%.
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.