Is COLUMBUS MCKINNON CORP (CMCO) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 112.2% / 30% | 11.1% / 30% | 34.3% / 30% | 2.87% / 5% | ✗ NOT HALAL |
| DJIM | 112.2% / 33% | 11.1% / 33% | 34.3% / 33% | 2.87% / 5% | ✗ NOT HALAL |
| MSCI | 31.1% / 33% | 3.1% / 33% | 9.5% / 33% | 2.87% / 5% | ✓ HALAL |
| S&P | 112.2% / 33% | 11.1% / 33% | 34.3% / 33% | 2.87% / 5% | ✗ NOT HALAL |
| FTSE | 31.1% / 33% | 3.1% / 33% | 9.5% / 50% | 2.87% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.4% | |
| Operating Margin | 8.6% | |
| Net Margin | 0.6% | |
| Return on Equity (ROE) | 0.7% | |
| Return on Assets (ROA) | 4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $46M |
| Free Cash Flow | $24M |
| Total Debt | $541M |
| Debt-to-Equity | 56.7 |
| Current Ratio | 1.8 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $14.55 |
| 50-Day MA | $18.72 |
| 200-Day MA | $16.47 |
| Avg Volume | 460K |
| Beta | 1.3 |
|
52-Week Range
$11.78
| |
About COLUMBUS MCKINNON CORP (CMCO)
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual and electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists, as well as explosion-protected and custom engineered hoists; high-precision conveying systems solutions which includes low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems; and power control and delivery systems and solutions. The company also provides AC and DC digital motion control systems for underground coal mining equipment; alloy and carbon steel chain; load chain; hooks, shackles, Hammerloks, and master links; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices. In addition, it designs and manufactures industrial components comprising mechanical and electromechanical actuators and rotary unions; and manufactures and markets aluminum light rail workstations, as well as crane components and crane kits. Further, the company designs, builds, sells, and supports elevator application-specific drive products. It serves EV production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, e-commerce, supply chain, and warehousing markets. The company offers its products to end users directly; industrial distributors, including rigging shops and independent crane builders; material handling specialists and integrators, and entertainment equipment distributors; service-after-sale distributors; original equipment manufacturers; government agencies; and engineering procurement and construction firms. Columbus McKinnon Corporation was founded in 1875 and is based in Charlotte, North Carolina.
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Frequently Asked Questions
Is COLUMBUS MCKINNON CORP (CMCO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), COLUMBUS MCKINNON 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 COLUMBUS MCKINNON CORP's debt ratio?
COLUMBUS MCKINNON CORP's debt ratio is 112.2% 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 31.1%.
What are COLUMBUS MCKINNON CORP's key financial metrics?
COLUMBUS MCKINNON CORP has a market capitalization of $404M, trailing P/E ratio of 67.0, and revenue of $963M. The company maintains a gross margin of 34.4% and a net margin of 0.6%. Return on equity stands at 0.7%.
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.