Is Capital Clean Energy Carriers Corp. (CCEC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 198.7% / 30% | 24.2% / 30% | 0.4% / 30% | 0.9% / 5% | ✗ NOT HALAL |
| DJIM | 198.7% / 33% | 24.2% / 33% | 0.4% / 33% | 0.9% / 5% | ✗ NOT HALAL |
| MSCI | 62.7% / 33% | 7.6% / 33% | 0.1% / 33% | 0.9% / 5% | ✗ NOT HALAL |
| S&P | 198.7% / 33% | 24.2% / 33% | 0.4% / 33% | 0.9% / 5% | ✗ NOT HALAL |
| FTSE | 62.7% / 33% | 7.6% / 33% | 0.1% / 50% | 0.9% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 80.7% | |
| Operating Margin | 54.4% | |
| Net Margin | 43.5% | |
| Return on Equity (ROE) | 8.0% | |
| Return on Assets (ROA) | 3.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $241M |
| Free Cash Flow | -$961M |
| Total Debt | $2.6B |
| Debt-to-Equity | 157.0 |
| Current Ratio | 0.9 |
| Total Assets | $4.1B |
Price & Trading
| Last Close | $19.69 |
| 50-Day MA | $21.53 |
| 200-Day MA | $21.73 |
| Avg Volume | 6K |
| Beta | 0.6 |
|
52-Week Range
$14.09
| |
About Capital Clean Energy Carriers Corp. (CCEC)
Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company also produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals. As of December 31, 2024, it owns a fleet of 15 vessels on the water consisting of 12 liquified natural gas carriers with 1.0 million dead weight ton (DWT) and total capacity of 2.1 million cubic meter (CBM), and three Neo-Panamax container carrier vessels with 0.4 million dead weight ton (DWT) and total twenty-foot equivalent units (TEU) capacity of 40,320. The company was formerly known as Capital Product Partners L.P. and changed its name to Capital Clean Energy Carriers Corp. in August 2024. Capital Clean baiEnergy Carriers Corp. was incorporated in 2007 and is headquartered in Piraeus, Greece.
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Frequently Asked Questions
Is Capital Clean Energy Carriers Corp. (CCEC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Capital Clean Energy Carriers Corp. 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 Capital Clean Energy Carriers Corp.'s debt ratio?
Capital Clean Energy Carriers Corp.'s debt ratio is 198.7% 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 62.7%.
What are Capital Clean Energy Carriers Corp.'s key financial metrics?
Capital Clean Energy Carriers Corp. has a market capitalization of $1.2B, trailing P/E ratio of 10.6. The company maintains a gross margin of 80.7% and a net margin of 43.5%. Return on equity stands at 8.0%.
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.