Is Alphatec Holdings, Inc. (ATEC) Halal?

NASDAQ Healthcare United States $1.7B
✗ NOT HALAL
Confidence: 90/100
Alphatec Holdings, Inc. (ATEC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 32.2% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Alphatec Holdings, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 32.2%
/ 30%
8.7%
/ 30%
5.3%
/ 30%
5.17%
/ 5%
✗ NOT HALAL
DJIM 32.2%
/ 33%
8.7%
/ 33%
5.3%
/ 33%
5.17%
/ 5%
✗ NOT HALAL
MSCI 75.3%
/ 33%
20.3%
/ 33%
12.3%
/ 33%
5.17%
/ 5%
✗ NOT HALAL
S&P 32.2%
/ 33%
8.7%
/ 33%
5.3%
/ 33%
5.17%
/ 5%
✗ NOT HALAL
FTSE 75.3%
/ 33%
20.3%
/ 33%
12.3%
/ 50%
5.17%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.96
P/B Ratio
131.7
EV/EBITDA
108.2
EV: $2.1B
Revenue
$764M
Growth: 20.4%
Beta
1.0
Average volatility
Current Ratio
2.1

Profitability

Gross Margin 69.6%
Operating Margin -2.5%
Net Margin -18.8%
Return on Equity (ROE) -630.7%
Return on Assets (ROA) -4.6%

Cash Flow & Balance Sheet

Operating Cash Flow$45M
Free Cash Flow-$4M
Total Debt$596M
Debt-to-Equity1654.5
Current Ratio2.1
Total Assets$791M

Price & Trading

Last Close$11.52
50-Day MA$13.70
200-Day MA$15.43
Avg Volume3.0M
Beta1.0
52-Week Range
$8.81
$23.29

About Alphatec Holdings, Inc. (ATEC)

CEO
Mr. Patrick S. Miles
Employees
913
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$1.7B
Currency
USD

Alphatec Holdings, Inc., a medical technology company, designs, develops, and advances technologies for the surgical treatment of spinal disorders in the United States and internationally. The company manufactures and sells implants, instruments, imaging equipment, and spare parts. It offers Alpha InformatiX product platform, including EOS imaging system that provides full-body imaging; SafeOp Neural InformatiX System that automates electromyographic, somatosensory evoked potential, and motor evoked potential monitoring; and Valence, an intra-operative system that integrates navigation and robotics into spine procedures, as well as Sigma Prone TransPsoas (PTP) Access and PTP Patient Positioning Systems. It also provides split-blade retractors; Sigma-ALIF Access System, a procedure-specific access system; spinal implants and fixation systems comprising NanoTec and Invictus, as well as various standalone implants for height restoration and stabilization. In addition, the company provides biologics comprising 3D ProFuse Osteoconductive Bioscaffold; AlphaGRAFT Demineralized Bone Matrix (DBM) comprising demineralized human tissue; BioCORE Moldable Bioactive Graft, a synthetic mineral-collagen composite matrix that can be molded to fit the bone defect; AlphaGRAFT DBM Fibers comprising demineralized fibers; AlphaGRAFT Cellular Bone Matrix (CBM), a growth factor-enriched cellular bone matrix; AlphaGRAFT CBM that is delivered in granular, fiber, or structural form; and Amnioshield Amniotic Tissue Barrier, an allograft for spinal surgical barrier applications. The company sells its products through a network of independent sales agents and direct sales representatives. The company was founded in 1990 and is headquartered in Carlsbad, California.

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Frequently Asked Questions

Is Alphatec Holdings, Inc. (ATEC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alphatec Holdings, 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 Alphatec Holdings, Inc.'s debt ratio?

Alphatec Holdings, Inc.'s debt ratio is 32.2% 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 75.3%.

What are Alphatec Holdings, Inc.'s key financial metrics?

Alphatec Holdings, Inc. has a market capitalization of $1.7B, and revenue of $764M. The company maintains a gross margin of 69.6% and a net margin of -18.8%. Return on equity stands at -630.7%.

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.