Is Anterix Inc. (ATEX) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.7% / 30% | 6.4% / 30% | 1.4% / 30% | 35.8% / 5% | ✗ NOT HALAL |
| DJIM | 0.7% / 33% | 6.4% / 33% | 1.4% / 33% | 35.8% / 5% | ✗ NOT HALAL |
| MSCI | 1.6% / 33% | 14.2% / 33% | 3.0% / 33% | 35.8% / 5% | ✗ NOT HALAL |
| S&P | 0.7% / 33% | 6.4% / 33% | 1.4% / 33% | 35.8% / 5% | ✗ NOT HALAL |
| FTSE | 1.6% / 33% | 14.2% / 33% | 3.0% / 50% | 35.8% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -618.6% | |
| Net Margin | 1370.9% | |
| Return on Equity (ROE) | 42.7% | |
| Return on Assets (ROA) | -7.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$29M |
| Free Cash Flow | -$47M |
| Total Debt | $5M |
| Debt-to-Equity | 2.0 |
| Current Ratio | 1.4 |
| Total Assets | $333M |
Price & Trading
| Last Close | $38.78 |
| 50-Day MA | $33.01 |
| 200-Day MA | $24.87 |
| Avg Volume | 370K |
| Beta | 0.7 |
|
52-Week Range
$17.58
| |
About Anterix Inc. (ATEX)
Anterix Inc. focuses on the commercialization of spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and solutions. The company offers CatalyX, an active ecosystem platform; complementary spectrum; anterix security collective; and rural broadband services. It also holds licensed spectrum in the 900 MHz band throughout the contiguous United States, as well as Hawaii, Alaska, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.
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Frequently Asked Questions
Is Anterix Inc. (ATEX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Anterix 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 Anterix Inc.'s debt ratio?
Anterix Inc.'s debt ratio is 0.7% 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 1.6%.
What are Anterix Inc.'s key financial metrics?
Anterix Inc. has a market capitalization of $716M, trailing P/E ratio of 8.8, and revenue of $6M. The company maintains a gross margin of 100.0% and a net margin of 1370.9%. Return on equity stands at 42.7%.
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.