Is ATLANTIC INTERNATIONAL CORP. (ATLN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 40.3% / 30% | 0.3% / 30% | 35.8% / 30% | 21.75% / 5% | ✗ NOT HALAL |
| DJIM | 40.3% / 33% | 0.3% / 33% | 35.8% / 33% | 21.75% / 5% | ✗ NOT HALAL |
| MSCI | 67.4% / 33% | 0.6% / 33% | 59.8% / 33% | 21.75% / 5% | ✗ NOT HALAL |
| S&P | 40.3% / 33% | 0.3% / 33% | 35.8% / 33% | 21.75% / 5% | ✗ NOT HALAL |
| FTSE | 67.4% / 33% | 0.6% / 33% | 59.8% / 50% | 21.75% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.9% | |
| Operating Margin | -7.9% | |
| Net Margin | -22.7% | |
| Return on Assets (ROA) | -16.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $83M |
| Current Ratio | 1.2 |
| Total Assets | $123M |
Price & Trading
| Last Close | $3.35 |
| 50-Day MA | $3.39 |
| 200-Day MA | $2.78 |
| Avg Volume | 257K |
|
52-Week Range
$1.16
| |
About ATLANTIC INTERNATIONAL CORP. (ATLN)
Atlantic International Corp. operates as a staffing company servicing the commercial, professional, finance, direct placement, and managed service provider verticals. The company specializes in permanent, temporary, and temporary-to-permanent placement services in various areas, including accounting and finance, administrative and clerical, hospitality, information technology, legal, light industrial, and medical fields. It provides productivity consulting and workforce management solutions. The company was founded in 2018 and is based in Englewood Cliffs, New Jersey.
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Frequently Asked Questions
Is ATLANTIC INTERNATIONAL CORP. (ATLN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ATLANTIC INTERNATIONAL 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 ATLANTIC INTERNATIONAL CORP.'s debt ratio?
ATLANTIC INTERNATIONAL CORP.'s debt ratio is 40.3% 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 67.4%.
What are ATLANTIC INTERNATIONAL CORP.'s key financial metrics?
ATLANTIC INTERNATIONAL CORP. has a market capitalization of $254M, and revenue of $443M. The company maintains a gross margin of 10.9% and a net margin of -22.7%.
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.