Is Cambium Networks Corp (CMBM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2023
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 96.0% / 30% | 56.6% / 30% | 194.7% / 30% | 0.12% / 5% | ✗ NOT HALAL |
| DJIM | 96.0% / 33% | 56.6% / 33% | 194.7% / 33% | 0.12% / 5% | ✗ NOT HALAL |
| MSCI | 14.6% / 33% | 8.6% / 33% | 29.5% / 33% | 0.12% / 5% | ✓ HALAL |
| S&P | 96.0% / 33% | 56.6% / 33% | 194.7% / 33% | 0.12% / 5% | ✗ NOT HALAL |
| FTSE | 14.6% / 33% | 8.6% / 33% | 29.5% / 50% | 0.12% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.1% | |
| Operating Margin | -18.4% | |
| Net Margin | -57.0% | |
| Return on Equity (ROE) | -112.9% | |
| Return on Assets (ROA) | -22.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$17M |
| Free Cash Flow | -$28M |
| Total Debt | $32M |
| Debt-to-Equity | 176.3 |
| Current Ratio | 1.1 |
| Total Assets | $218M |
Price & Trading
| Last Close | $0.40 |
| 50-Day MA | $1.39 |
| 200-Day MA | $1.22 |
| Avg Volume | 297K |
| Beta | 2.0 |
|
52-Week Range
$0.23
| |
About Cambium Networks Corp (CMBM)
Cambium Networks Corporation designs, develops, and manufactures fixed wireless, fiber broadband, and enterprise networking infrastructure solutions in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company offers fixed wireless and PON/XGSPON based broadband, Wi-Fi, and local area networking (LAN) switching infrastructure; and security gateway solutions for a range of applications, such as broadband access, wireless backhaul, Internet of Things (IoT), public safety communications, and Wi-Fi access for commercial use. Its fixed wireless and fiber broadband (FWB) portfolio spans point-to-point (PTP) and point-to-multi-point (PMP) architectures over multiple standards, and frequency bands, including licensed, unlicensed, and lightly licensed spectrum, and fiber products. Its enterprise portfolio comprises a range of indoor and outdoor Wi-Fi access points, indoor and hardened copper and optical based ethernet switches, and security gateway and software-defined wide area network (SD-WAN) devices. Its subscription and services portfolio includes network planning and design, and cloud or on-premises network management and control solutions delivered through subscription to cnMaestro X. It serves healthcare, education, hospitality, military communication, mining and minerals, multifamily living, national law enforcement, oil and gas, public safety, residential broadband, small business, smart cities, government, transportation and logistics, utilities and electric cooperatives, and wireless video surveillance CCTV markets. The company sells its products and services through distributors and other channel partners, such as resellers, managed service providers, and systems integrators. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Hoffman Estates, Illinois.
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Frequently Asked Questions
Is Cambium Networks Corp (CMBM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cambium Networks 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 Cambium Networks Corp's debt ratio?
Cambium Networks Corp's debt ratio is 96.0% 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 14.6%.
What are Cambium Networks Corp's key financial metrics?
Cambium Networks Corp has a market capitalization of $11M, and revenue of $220M. The company maintains a gross margin of 17.1% and a net margin of -57.0%. Return on equity stands at -112.9%.
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.