Is Ameritek Ventures, Inc. (ATVK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.9% / 30% | 0.0% / 30% | 0.0% / 30% | 654.51% / 5% | ✗ NOT HALAL |
| DJIM | 1.9% / 33% | 0.0% / 33% | 0.0% / 33% | 654.51% / 5% | ✗ NOT HALAL |
| MSCI | 14.5% / 33% | 0.0% / 33% | 0.0% / 33% | 654.51% / 5% | ✗ NOT HALAL |
| S&P | 1.9% / 33% | 0.0% / 33% | 0.0% / 33% | 654.51% / 5% | ✗ NOT HALAL |
| FTSE | 14.5% / 33% | 0.0% / 33% | 0.0% / 50% | 654.51% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 64.2% | |
| Net Margin | 315.9% | |
| Return on Equity (ROE) | 35.9% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $331,375 |
| Free Cash Flow | $331,375 |
| Total Debt | $1M |
| Debt-to-Equity | 9.1 |
| Current Ratio | 0.0 |
| Total Assets | $7M |
Price & Trading
| Last Close | $9.81 |
| 50-Day MA | $7.25 |
| 200-Day MA | $7.25 |
| Avg Volume | 518 |
| Beta | 1.4 |
|
52-Week Range
$5.00
| |
About Ameritek Ventures, Inc. (ATVK)
Ameritek Ventures, Inc. provides various software and hardware products and services to businesses, organizations, and governments. It provides software inventory management solutions comprising software-as-a-service (SaaS) cloud-based solutions for warehouse and inventory fulfillment; DittoMask, a filtration mask for medical industry; and FlexFridge, a foldable refrigerator, as well as develops blockchain technology software programs. The company also offers vertical aircraft landing services and passenger first-class transportation across cities, as well as software technology services comprising developing business strategy management solutions. In addition, it focuses on augmented reality technology; and development of electric bicycles for online delivery industry. The company was formerly known as ATVROCKN and changed its name to Ameritek Ventures, Inc. in June 2017. Ameritek Ventures, Inc. was founded in 2010 and is based in Wheeling, Illinois.
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Frequently Asked Questions
Is Ameritek Ventures, Inc. (ATVK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ameritek Ventures, 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 Ameritek Ventures, Inc.'s debt ratio?
Ameritek Ventures, Inc.'s debt ratio is 1.9% 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 14.5%.
What are Ameritek Ventures, Inc.'s key financial metrics?
Ameritek Ventures, Inc. has a market capitalization of $100M, trailing P/E ratio of 0.9, and revenue of $678,300. The company maintains a gross margin of 100.0% and a net margin of 315.9%. Return on equity stands at 35.9%.
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.