Is AVANOS MEDICAL, INC. (AVNS) Halal?

NYSE Healthcare United States $629M
✓ HALAL
Confidence: 95/100
AVANOS MEDICAL, INC. (AVNS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 20.9% against the AAOIFI threshold of 30%, AVANOS MEDICAL, INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 20.9%
/ 30%
14.5%
/ 30%
16.8%
/ 30%
0.46%
/ 5%
✓ HALAL
DJIM 20.9%
/ 33%
14.5%
/ 33%
16.8%
/ 33%
0.46%
/ 5%
✓ HALAL
MSCI 12.0%
/ 33%
8.4%
/ 33%
9.7%
/ 33%
0.46%
/ 5%
✓ HALAL
S&P 20.9%
/ 33%
14.5%
/ 33%
16.8%
/ 33%
0.46%
/ 5%
✓ HALAL
FTSE 12.0%
/ 33%
8.4%
/ 33%
9.7%
/ 50%
0.46%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.57
P/B Ratio
0.8
EV/EBITDA
12.3
EV: $668M
Revenue
$701M
Growth: 0.7%
Beta
1.1
Average volatility
Current Ratio
2.2

Profitability

Gross Margin 50.5%
Operating Margin 2.0%
Net Margin -10.4%
Return on Equity (ROE) -9.1%
Return on Assets (ROA) 0.9%

Cash Flow & Balance Sheet

Operating Cash Flow$75M
Free Cash Flow$43M
Total Debt$129M
Debt-to-Equity16.6
Current Ratio2.2
Total Assets$1.1B

Price & Trading

Last Close$13.85
50-Day MA$13.77
200-Day MA$12.17
Avg Volume597K
Beta1.1
52-Week Range
$9.30
$15.68

About AVANOS MEDICAL, INC. (AVNS)

CEO
Mr. David C. Pacitti M.B.A.
Employees
2,287
Website
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NYSE
Market Cap
$629M
Currency
USD

Avanos Medical, Inc., a medical technology company, provides medical device solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers digestive health products, such as Mic-Key enteral feeding tubes, Corpak patient feeding solutions, and NeoMed neonatal and pediatric feeding solutions. The company also provides non-opioid pain solutions, including surgical pain and recovery products, which comprise ON-Q and ambIT surgical pain pump, Game Ready cold, and compression therapy systems. In addition, it offers interventional pain solutions, which provide minimally invasive pain-relieving therapies, such as COOLIEF chronic pain products; and Trident and Esentec RFA radiofrequency ablation products to treat chronic pain conditions. The company markets its products directly to hospitals and other healthcare providers, healthcare facilities, and other end-user customers, as well as through third-party wholesale distributors. Avanos Medical, Inc. was formerly known as Halyard Health, Inc. and changed its name to Avanos Medical, Inc. in June 2018. The company was incorporated in 2014 and is headquartered in Alpharetta, Georgia.

Purification Calculator

As a halal stock with 0.46% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is AVANOS MEDICAL, INC. (AVNS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AVANOS MEDICAL, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is AVANOS MEDICAL, INC.'s debt ratio?

AVANOS MEDICAL, INC.'s debt ratio is 20.9% 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 12.0%.

Does AVANOS MEDICAL, INC. require dividend purification?

Yes, AVANOS MEDICAL, INC. has an impermissible income ratio of 0.46%, which means 0.46% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are AVANOS MEDICAL, INC.'s key financial metrics?

AVANOS MEDICAL, INC. has a market capitalization of $629M, and revenue of $701M. The company maintains a gross margin of 50.5% and a net margin of -10.4%. Return on equity stands at -9.1%.

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.