Bakkt, Inc. (BKKT) Financial Ratio Screen

NYSE Technology United States USD 224M
INSUFFICIENT / NOT IMPLEMENTED*
Automated financial screen · activity assessed separately
Bakkt, Inc. (BKKT) needs additional financial data before the automated screen can be completed. One or more financial fields are missing; this is not a negative screening result.

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MSCI new-inclusion financial-ratio snapshot

BKKT financial screening at a glance

INSUFFICIENT / NOT IMPLEMENTED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
8.7%
Pass vs 30%
Cash ratio
14.5%
Pass vs 30%
Receivables + cash
23.6%
Pass vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-09-01. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleMore financial data neededNo negative conclusion follows from missing data
FTSE/Yasaar-styleMore financial data neededNo negative conclusion follows from missing data
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-09-01S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Infrastructure) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Bakkt, Inc. engages in digital building financial infrastructure. The company offers Bakkt Market solutions which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets through strategic investments in jurisdiction-specific entities operating in regulated financial markets. It also provides solutions that enable institutional participation in the digital asset economy. The company serves client, such as financial institutions, hedge funds, merchants, retailers, third party partners, and other businesses. It markets its products and services using various business-to-business channels, such as direct marketing, including email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in New York, New York.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 8.7%
/ 30%
14.5%
/ 30%
23.6%
/ 30%
N/A INSUFFICIENT / NOT IMPLEMENTED*
FTSE 8.7%
/ 33%
14.5%
/ 33%
23.6%
/ 50%
N/A INSUFFICIENT / NOT IMPLEMENTED*

Financial Highlights

EPS
$-6.55
P/B Ratio
1.7
EV/EBITDA
-1.7
EV: $194M
Revenue
$3.5B
Growth: -83.4%
Beta
6.1
High volatility
Current Ratio
2.2

Profitability

Gross Margin -4.3%
Operating Margin -21.3%
Net Margin -4.6%
Return on Equity (ROE) -111.2%
Return on Assets (ROA) -33.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$21M
Free Cash Flow-$24M
Total Debt$24M
Debt-to-Equity0.5
Current Ratio2.2
Total Assets$269M

Price & Trading

Last Close$7.97
50-Day MA$11.20
200-Day MA$15.86
Avg Volume1.5M
Beta6.1
52-Week Range
$6.81
$49.79

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Bakkt, Inc. (BKKT)

CEO
Mr. Akshay Naheta
Employees
48
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NYSE
Market Cap (listing currency)
USD 224M
Currency
USD

Bakkt, Inc. engages in digital building financial infrastructure. The company offers Bakkt Market solutions which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets through strategic investments in jurisdiction-specific entities operating in regulated financial markets. It also provides solutions that enable institutional participation in the digital asset economy. The company serves client, such as financial institutions, hedge funds, merchants, retailers, third party partners, and other businesses. It markets its products and services using various business-to-business channels, such as direct marketing, including email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Bakkt, Inc. (BKKT) halal to invest in?

The current automated result is More financial data is needed. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Bakkt, Inc.'s debt ratio?

Bakkt, Inc.'s debt ratio is 8.7% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Bakkt, Inc.'s key financial metrics?

Bakkt, Inc. has a market capitalization of USD 224M in its listing currency, and revenue of $3.5B. The company maintains a gross margin of -4.3% and a net margin of -4.6%. Return on equity stands at -111.2%.

How often is the screening data updated?

Calculation date: 2026-09-01. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.