Is ARTS WAY MANUFACTURING CO INC (ARTW) Halal?
Shariah Screening — 5 Standards
Based on financial data from November 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 55.0% / 30% | 0.0% / 30% | 22.2% / 30% | 6.59% / 5% | ✗ NOT HALAL |
| DJIM | 55.0% / 33% | 0.0% / 33% | 22.2% / 33% | 6.59% / 5% | ✗ NOT HALAL |
| MSCI | 28.5% / 33% | 0.0% / 33% | 11.5% / 33% | 6.59% / 5% | ✗ NOT HALAL |
| S&P | 55.0% / 33% | 0.0% / 33% | 22.2% / 33% | 6.59% / 5% | ✗ NOT HALAL |
| FTSE | 28.5% / 33% | 0.0% / 33% | 11.5% / 50% | 6.59% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.3% | |
| Operating Margin | -11.2% | |
| Net Margin | 4.5% | |
| Return on Equity (ROE) | 8.1% | |
| Return on Assets (ROA) | 0.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$904,143 |
| Free Cash Flow | -$2M |
| Total Debt | $6M |
| Debt-to-Equity | 48.1 |
| Current Ratio | 2.3 |
| Total Assets | $22M |
Price & Trading
| Last Close | $2.21 |
| 50-Day MA | $2.36 |
| 200-Day MA | $2.57 |
| Avg Volume | 41K |
| Beta | 0.8 |
|
52-Week Range
$1.43
| |
About ARTS WAY MANUFACTURING CO INC (ARTW)
Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, and specialized modular science and agricultural buildings in the United States and internationally. It operates through two segments, Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts. Its Modular Buildings segment produces, sells, and leases swine buildings, complex containment research laboratories, and research facilities for academic research institutions, government research and diagnostic centers, public health institutions, and private research and pharmaceutical companies. This segment also designs, manufactures, delivers, installs, and rents building units. It markets and sells its products through independent farm equipment dealers, and OEM sales channels. Art's-Way Manufacturing Co., Inc. was founded in 1956 and is headquartered in Armstrong, Iowa.
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Frequently Asked Questions
Is ARTS WAY MANUFACTURING CO INC (ARTW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ARTS WAY MANUFACTURING CO 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 ARTS WAY MANUFACTURING CO INC's debt ratio?
ARTS WAY MANUFACTURING CO INC's debt ratio is 55.0% 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 28.5%.
What are ARTS WAY MANUFACTURING CO INC's key financial metrics?
ARTS WAY MANUFACTURING CO INC has a market capitalization of $11M, trailing P/E ratio of 10.7, and revenue of $23M. The company maintains a gross margin of 27.3% and a net margin of 4.5%. Return on equity stands at 8.1%.
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.