Is NEXT-ChemX Corporation. (CHMX) Halal?

NYSE Industrials United States $316,869
✗ NOT HALAL
Confidence: 83/100
NEXT-ChemX Corporation. (CHMX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 766.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. NEXT-ChemX Corporation. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 766.9%
/ 30%
31.9%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 766.9%
/ 33%
31.9%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 74.7%
/ 33%
3.1%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 766.9%
/ 33%
31.9%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 74.7%
/ 33%
3.1%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.06
P/B Ratio
-0.1
EV/EBITDA
-99.1
EV: $144M
Revenue
$0
Beta
-43.3
Low volatility
Current Ratio
0.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -29.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Total Debt$2M
Current Ratio0.1
Total Assets$3M

Price & Trading

Last Close$0.01
50-Day MA$0.01
200-Day MA$2.71
Avg Volume0
Beta-43.3
52-Week Range
$0.01
$5.75

About NEXT-ChemX Corporation. (CHMX)

CEO
Mr. John Michael Johnson
Employees
5
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
Exchange
NYSE
Market Cap
$316,869
Currency
USD

NEXT-ChemX Corporation owns ion targeting membrane extraction technology in the United States. The company's technology mimics nature biophysical processes enabling the technology to extract ions from a liquid solution at ambient temperatures and pressures. Its technology is designated as NCX and applied for lithium extraction, vegetable oil refining, radioactive ion extraction, and desalination. The company was formerly known as AllyMe Group, Inc. and changed its name to NEXT-ChemX Corporation in July 2021. NEXT-ChemX Corporation was incorporated in 2014 and is headquartered in Las Vegas, Nevada. NEXT-ChemX Corporation operates as a subsidiary of NEXT-ChemX Texas.

Related Halal Stocks in Industrials

Frequently Asked Questions

Is NEXT-ChemX Corporation. (CHMX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEXT-ChemX Corporation. 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 NEXT-ChemX Corporation.'s debt ratio?

NEXT-ChemX Corporation.'s debt ratio is 766.9% 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 74.7%.

What are NEXT-ChemX Corporation.'s key financial metrics?

NEXT-ChemX Corporation. has a market capitalization of $316,869.

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.