Is Bally's Corp (BALY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 729.6% / 30% | 25.3% / 30% | 17.5% / 30% | 0.85% / 5% | ✗ NOT HALAL |
| DJIM | 729.6% / 33% | 25.3% / 33% | 17.5% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| MSCI | 84.3% / 33% | 2.9% / 33% | 2.0% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| S&P | 729.6% / 33% | 25.3% / 33% | 17.5% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| FTSE | 84.3% / 33% | 2.9% / 33% | 2.0% / 50% | 0.85% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 59.9% | |
| Operating Margin | -4.6% | |
| Net Margin | -26.4% | |
| Return on Equity (ROE) | -55.6% | |
| Return on Assets (ROA) | 0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $114M |
| Free Cash Flow | -$134M |
| Total Debt | $4.9B |
| Debt-to-Equity | 254.0 |
| Current Ratio | 0.8 |
| Total Assets | $5.9B |
Price & Trading
| Last Close | $11.31 |
| 50-Day MA | $14.03 |
| 200-Day MA | $13.34 |
| Avg Volume | 88K |
|
52-Week Range
$8.46
| |
About Bally's Corp (BALY)
Bally's Corporation is a fast-growing global entertainment brand with 19 casinos across 11 US states and one casino in Newcastle, UK, along with a golf course in New York and a horse racetrack in Colorado. Bally's also owns Bally Bet, a first-in-class sports betting and igaming platform, licensed in 13 jurisdictions in North America. Bally's holds a majority interest in Bally's Intralot S.A. a leading lottery solutions supplier and igaming operator. Bally's casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. Bally's also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas, has been awarded a license to build a full-scale casino and resort in The Bronx, New York and is developing an integrated destination resort in Chicago, Illinois. Bally's has approximately 10,800 employees across the world, recognized for their innovation, energy, and dedication to creating thrilling gaming experiences. Bally's Corporation was incorporated in 2004 in Delaware, USA
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Frequently Asked Questions
Is Bally's Corp (BALY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bally's 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 Bally's Corp's debt ratio?
Bally's Corp's debt ratio is 729.6% 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 84.3%.
What are Bally's Corp's key financial metrics?
Bally's Corp has a market capitalization of $511M, and revenue of $2.5B. The company maintains a gross margin of 59.9% and a net margin of -26.4%. Return on equity stands at -55.6%.
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.