Is Black Diamond Therapeutics, Inc. (BDTX) Halal?

NASDAQ Healthcare United States $116M
✗ NOT HALAL
Confidence: 83/100
Black Diamond Therapeutics, Inc. (BDTX) is Not Halal under AAOIFI Standard 21. While the debt ratio of 18.1% is acceptable, the cash and interest-bearing securities ratio of 80.5% exceeds the 30% threshold. Black Diamond Therapeutics, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 18.1%
/ 30%
80.5%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 18.1%
/ 33%
80.5%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 18.1%
/ 33%
80.4%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 18.1%
/ 33%
80.5%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 18.1%
/ 33%
80.4%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
5.2
Forward: -2.0
EPS
$0.39
P/B Ratio
1.0
EV/EBITDA
0.3
EV: $6M
Revenue
$0
Beta
3.4
High volatility
Current Ratio
8.4

Profitability

Gross Margin 100.0%
Operating Margin 28.4%
Net Margin 32.0%
Return on Equity (ROE) 22.9%
Return on Assets (ROA) 9.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$62M
Free Cash Flow-$62M
Total Debt$22M
Debt-to-Equity16.7
Current Ratio8.4
Total Assets$123M

Price & Trading

Last Close$2.13
50-Day MA$2.34
200-Day MA$2.93
Avg Volume765K
Beta3.4
52-Week Range
$1.20
$4.94

About Black Diamond Therapeutics, Inc. (BDTX)

CEO
Dr. Mark A. Velleca M.D., Ph.D.
Employees
21
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$116M
Currency
USD

Black Diamond Therapeutics, Inc., a clinical-stage oncology company, focuses on the discovery and development of MasterKey therapies for patients with genetically defined tumors. The company's lead product candidate is silevertinib, a brain-penetrant epidermal growth factor receptor MasterKey inhibitor, which is in Phase 2 clinical trial for the treatment of epidermal growth factor receptor mutant non-small cell lung cancer, as well as Phase 2 clinical trial to treat glioblastoma. It is also developing BDTX-4933, a brain-penetrant RAF MasterKey inhibitor targeting KRAS, NRAS, and BRAF alterations in solid tumors that is in Phase 1 clinical trial. In addition, the company is developing BDTX-4876, a MasterKey inhibitor of oncogenic FGFR2/3 mutations with selectivity versus FGFR1/4, which is in preclinical stage. The company was formerly known as ASET Therapeutics, Inc. and changed its name to Black Diamond Therapeutics, Inc. in January 2018. Black Diamond Therapeutics, Inc. was incorporated in 2014 and is headquartered in Cambridge, Massachusetts.

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Frequently Asked Questions

Is Black Diamond Therapeutics, Inc. (BDTX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Black Diamond Therapeutics, 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 Black Diamond Therapeutics, Inc.'s debt ratio?

Black Diamond Therapeutics, Inc.'s debt ratio is 18.1% 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 18.1%.

What are Black Diamond Therapeutics, Inc.'s key financial metrics?

Black Diamond Therapeutics, Inc. has a market capitalization of $116M, trailing P/E ratio of 5.2. The company maintains a gross margin of 100.0% and a net margin of 32.0%. Return on equity stands at 22.9%.

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.