Is Aqua Metals, Inc. (AQMS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.0% / 30% | 28.7% / 30% | 0.7% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 30.0% / 33% | 28.7% / 33% | 0.7% / 33% | N/A | ✓ HALAL |
| MSCI | 16.2% / 33% | 15.5% / 33% | 0.4% / 33% | N/A | ✓ HALAL |
| S&P | 30.0% / 33% | 28.7% / 33% | 0.7% / 33% | N/A | ✓ HALAL |
| FTSE | 16.2% / 33% | 15.5% / 33% | 0.4% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -187.1% | |
| Return on Assets (ROA) | -44.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$14M |
| Free Cash Flow | -$26M |
| Total Debt | $4M |
| Debt-to-Equity | 8.0 |
| Current Ratio | 1.1 |
| Total Assets | $26M |
Price & Trading
| Last Close | $3.82 |
| 50-Day MA | $4.81 |
| 200-Day MA | $5.84 |
| Avg Volume | 296K |
| Beta | -0.0 |
|
52-Week Range
$3.37
| |
About Aqua Metals, Inc. (AQMS)
Aqua Metals, Inc. engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries. Its AquaRefining, a low-emissions and recycling technology that replaces polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.
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Frequently Asked Questions
Is Aqua Metals, Inc. (AQMS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Aqua Metals, 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 Aqua Metals, Inc.'s debt ratio?
Aqua Metals, Inc.'s debt ratio is 30.0% 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 16.2%.
What are Aqua Metals, Inc.'s key financial metrics?
Aqua Metals, Inc. has a market capitalization of $11M. Return on equity stands at -187.1%.
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.