Is Anteris Technologies Global Corp. (AVR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2023
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.3% / 30% | 3.5% / 30% | 0.3% / 30% | N/A | ✓ HALAL |
| DJIM | 0.3% / 33% | 3.5% / 33% | 0.3% / 33% | N/A | ✓ HALAL |
| MSCI | 5.5% / 33% | 68.9% / 33% | 6.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.3% / 33% | 3.5% / 33% | 0.3% / 33% | N/A | ✓ HALAL |
| FTSE | 5.5% / 33% | 68.9% / 33% | 6.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 70.3% | |
| Operating Margin | -9343.5% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -301.9% | |
| Return on Assets (ROA) | -113.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$35M |
| Free Cash Flow | -$37M |
| Total Debt | $2M |
| Current Ratio | 0.7 |
| Total Assets | $31M |
Price & Trading
| Last Close | $5.39 |
| 50-Day MA | $5.94 |
| 200-Day MA | $4.69 |
| Avg Volume | 1.2M |
| Beta | 0.4 |
|
52-Week Range
$2.34
| |
About Anteris Technologies Global Corp. (AVR)
Anteris Technologies Global Corp., a structural heart company, develops and commercializes minimally invasive medical devices to treat heart valve diseases. It offers the DurAVR transcatheter heart valve system, a novel transcatheter aortic valve for the treatment of severe aortic stenosis that is shaped to mimic the performance of a healthy human aortic valve. The company also develops ADAPT anti-calcification tissue, an anti-calcification preparation which transforms xenograft tissue into durable bioscaffolds that are used to mimic human tissue for surgical repair in multiple settings, including aortic valve replacement; and ComASUR delivery system, a physician-developed balloon expandable delivery system that contains a reinforced steerable catheter for a precise deflection through the heart anatomy in a controlled manner to avoid damage to the aorta. Anteris Technologies Global Corp. is based in Toowong, Australia.
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Frequently Asked Questions
Is Anteris Technologies Global Corp. (AVR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Anteris Technologies Global Corp. 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 Anteris Technologies Global Corp.'s debt ratio?
Anteris Technologies Global Corp.'s debt ratio is 0.3% 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 5.5%.
What are Anteris Technologies Global Corp.'s key financial metrics?
Anteris Technologies Global Corp. has a market capitalization of $505M. Return on equity stands at -301.9%.
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.