Is Bimergen Energy Corp (BESS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.7% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.0% / 33% | 0.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 0.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.0% / 33% | 0.7% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -20.6% | |
| Return on Assets (ROA) | -11.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$349,833 |
| Free Cash Flow | -$349,833 |
| Debt-to-Equity | 4.2 |
| Current Ratio | 0.3 |
| Total Assets | $23M |
Price & Trading
| Last Close | $2.51 |
| 50-Day MA | $6.04 |
| 200-Day MA | $7.32 |
| Avg Volume | 60K |
| Beta | 1.2 |
|
52-Week Range
$2.17
| |
About Bimergen Energy Corp (BESS)
Bimergen Energy Corporation operates as a renewable energy project developer dedicated to enabling the clean energy transition and providing critical grid stability via solutions across a range of applications through Battery Energy Storage System (BESS) and solar development projects across the United States. The company's primary business objective is to become a grid-balancing operator by developing, commercializing, and operating a diversified portfolio of BESS and solar energy projects. The company engages in the development and operation of BESS projects to mitigate the energy imbalances and power deficits observed in markets with substantial solar and wind energy generation. Additionally, the company offers essential grid services, including frequency regulation, voltage support, and emergency backup during grid outages. The company also holds a portfolio of development projects that include approximately 3.6 gigawatts of alternating current power capacity. The company was formerly known as Bitech Technologies Corporation and changed its name to Bimergen Energy Corporation in February 2025. Bimergen Energy Corporation was incorporated in 1998 and is based in Newport Beach, California.
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Frequently Asked Questions
Is Bimergen Energy Corp (BESS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bimergen Energy 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 Bimergen Energy Corp's debt ratio?
Bimergen Energy Corp's debt ratio is 0.0% 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 0.0%.
What are Bimergen Energy Corp's key financial metrics?
Bimergen Energy Corp has a market capitalization of $16M. Return on equity stands at -20.6%.
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.