Is CEA Industries Inc. (BNC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 6.2% / 30% | 0.2% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 6.2% / 33% | 0.2% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 2.6% / 33% | 91.2% / 33% | 2.4% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 6.2% / 33% | 0.2% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 2.6% / 33% | 91.2% / 33% | 2.4% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -28.8% | |
| Operating Margin | -2240.2% | |
| Net Margin | 3986.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $269,798 |
| Debt-to-Equity | 1.0 |
| Current Ratio | 2.6 |
| Total Assets | $10M |
Price & Trading
| Last Close | $3.04 |
| 50-Day MA | $4.20 |
| 200-Day MA | $9.49 |
| Avg Volume | 332K |
| Beta | 0.8 |
|
52-Week Range
$2.84
| |
About CEA Industries Inc. (BNC)
CEA Industries Inc., through its subsidiary, Surna Cultivation Technologies LLC, focuses on the sale of environmental control and other technologies and services to the controlled environment agriculture (CEA) industry in the United States and Canada. It offers architectural design and licensed engineering of commercial scale thermodynamic systems specific to cultivation facilities; liquid-based process cooling systems and other climate control systems; air handling equipment and systems; and air sanitation products. The company also provides LED lighting; benching and racking solutions for indoor cultivation; proprietary and third-party controls systems and technologies for environmental, lighting, and climate control; and preventative maintenance services for CEA facilities. In addition, it offers a range of service solutions that include facility design and budgeting, equipment selection and specification, equipment installation advisory, and preventative maintenance services. Further, the company retails and manufactures e-cigarettes, vape devices, and e-liquids. It serves commercial, state- and provincial-regulated CEA growers. CEA Industries Inc. is headquartered in Louisville, Colorado.
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Frequently Asked Questions
Is CEA Industries Inc. (BNC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CEA Industries Inc. 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 CEA Industries Inc.'s debt ratio?
CEA Industries Inc.'s debt ratio is 0.2% 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 2.6%.
What are CEA Industries Inc.'s key financial metrics?
CEA Industries Inc. has a market capitalization of $125M, and revenue of $3M. The company maintains a gross margin of -28.8% and a net margin of 3986.5%.
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.