Is Biomea Fusion, Inc. (BMEA) Halal?

NASDAQ Healthcare United States $95M
✗ NOT HALAL
Confidence: 83/100
Biomea Fusion, Inc. (BMEA) is Not Halal under AAOIFI Standard 21. While the debt ratio of 8.9% is acceptable, the cash and interest-bearing securities ratio of 59.3% exceeds the 30% threshold. Biomea Fusion, 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 8.9%
/ 30%
59.3%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 8.9%
/ 33%
59.3%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 11.0%
/ 33%
72.9%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 8.9%
/ 33%
59.3%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 11.0%
/ 33%
72.9%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-1.18
P/B Ratio
3.2
EV/EBITDA
-0.5
EV: $41M
Revenue
$0
Beta
-0.2
Low volatility
Current Ratio
5.2

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -152.4%
Return on Assets (ROA) -73.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$120M
Free Cash Flow-$120M
Total Debt$9M
Debt-to-Equity5.4
Current Ratio5.2
Total Assets$80M

Price & Trading

Last Close$1.37
50-Day MA$1.29
200-Day MA$1.56
Avg Volume1.1M
Beta-0.2
52-Week Range
$0.87
$3.08

About Biomea Fusion, Inc. (BMEA)

CEO
Dr. Michael J. M. Hitchcock Ph.D.
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$95M
Currency
USD

Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral covalent small molecule drugs to treat patients with metabolic diseases in the United States. It's lead product candidate icovamenib, an orally bioavailable, potent, and covalent inhibitor of menin, a ubiquitously expressed scaffold protein that functions in histone modification and epigenetic gene regulation to impact multiple cellular processes including cell cycle control, apoptosis, and DNA damage repair. Biomea Fusion, Inc. was incorporated in 2017 and is headquartered in San Carlos, California.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is Biomea Fusion, Inc. (BMEA) halal to invest in?

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

Biomea Fusion, Inc.'s debt ratio is 8.9% 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 11.0%.

What are Biomea Fusion, Inc.'s key financial metrics?

Biomea Fusion, Inc. has a market capitalization of $95M. Return on equity stands at -152.4%.

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.