Is Apyx Medical Corp (APYX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.3% / 30% | 24.8% / 30% | 12.1% / 30% | 3.34% / 5% | ✗ NOT HALAL |
| DJIM | 30.3% / 33% | 24.8% / 33% | 12.1% / 33% | 3.34% / 5% | ✓ HALAL |
| MSCI | 59.8% / 33% | 49.0% / 33% | 23.9% / 33% | 3.34% / 5% | ✗ NOT HALAL |
| S&P | 30.3% / 33% | 24.8% / 33% | 12.1% / 33% | 3.34% / 5% | ✓ HALAL |
| FTSE | 59.8% / 33% | 49.0% / 33% | 23.9% / 50% | 3.34% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 62.5% | |
| Operating Margin | 0.1% | |
| Net Margin | -21.2% | |
| Return on Equity (ROE) | -76.1% | |
| Return on Assets (ROA) | -6.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$9M |
| Total Debt | $39M |
| Debt-to-Equity | 265.3 |
| Current Ratio | 5.0 |
| Total Assets | $67M |
Price & Trading
| Last Close | $3.84 |
| 50-Day MA | $3.76 |
| 200-Day MA | $3.02 |
| Avg Volume | 128K |
| Beta | 1.7 |
|
52-Week Range
$0.76
| |
About Apyx Medical Corp (APYX)
Apyx Medical Corporation, an energy technology company, designs, develops, manufactures, and sells electrosurgical equipment and medical devices in the United States and internationally. The company operates through two segments: Surgical Aesthetics and Original Equipment Manufacturing (OEM). It offers helium plasma generator for the delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures; and a portfolio of single-use handpieces and accessories for open and laparoscopic procedures. The company's helium plasma technology products are marketed and sold under the Renuvion name in the cosmetic surgery market and under the J-Plasma name in the hospital surgical market. It also develops and manufactures OEM generators and related accessories. The company was formerly known as Bovie Medical Corporation and changed its name to Apyx Medical Corporation in January 2019. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida.
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Frequently Asked Questions
Is Apyx Medical Corp (APYX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Apyx Medical 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 Apyx Medical Corp's debt ratio?
Apyx Medical Corp's debt ratio is 30.3% 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 59.8%.
What are Apyx Medical Corp's key financial metrics?
Apyx Medical Corp has a market capitalization of $152M, and revenue of $53M. The company maintains a gross margin of 62.5% and a net margin of -21.2%. Return on equity stands at -76.1%.
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.