Is Cineverse Corp. (CNVS) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.7% / 30% | 22.0% / 30% | 25.0% / 30% | 0.4% / 5% | ✓ HALAL |
| DJIM | 0.7% / 33% | 22.0% / 33% | 25.0% / 33% | 0.4% / 5% | ✓ HALAL |
| MSCI | 0.6% / 33% | 19.2% / 33% | 21.8% / 33% | 0.4% / 5% | ✓ HALAL |
| S&P | 0.7% / 33% | 22.0% / 33% | 25.0% / 33% | 0.4% / 5% | ✓ HALAL |
| FTSE | 0.6% / 33% | 19.2% / 33% | 21.8% / 50% | 0.4% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 60.0% | |
| Operating Margin | -4.0% | |
| Net Margin | -16.7% | |
| Return on Equity (ROE) | -24.5% | |
| Return on Assets (ROA) | -6.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $17M |
| Free Cash Flow | $16M |
| Total Debt | $462,000 |
| Debt-to-Equity | 23.2 |
| Current Ratio | 1.0 |
| Total Assets | $73M |
Price & Trading
| Last Close | $2.40 |
| 50-Day MA | $2.47 |
| 200-Day MA | $3.43 |
| Avg Volume | 261K |
| Beta | 1.5 |
|
52-Week Range
$1.77
| |
About Cineverse Corp. (CNVS)
Cineverse Corp. operates as a streaming technology and entertainment company. The company owns and operates streaming channels. It also operates as an aggregator and distributor of feature films and television programs; proprietary technology software-as-a-service platform for over-the-top (OTT) app development and content distribution through subscription video on demand (SVOD), dedicated ad-supported (AVOD), and ad-supported streaming linear (FAST) channels, as well as social video streaming services and audio podcasts. In addition, the company operates MatchpointTM, a software-based streaming operating platform. Further, it distributes products for brands such as Hallmark, ITV, Nelvana, ZDF, Konami, NFL, and Highlander brands, as well as for content creators, movie producers, television producers and other short-form digital content producers; and sells physical products, such as DVD's and Blu-ray discs. The company provides its services through direct-to-consumer channels, application platforms, and third-party distributors of content on platforms. The company was formerly known as Cinedigm Corp. and changed its name to Cineverse Corp. in May 2023. Cineverse Corp. was incorporated in 2000 and is based in New York, New York.
Purification Calculator
As a halal stock with 0.40% impermissible income, you need to purify your dividends.
Related Halal Stocks in Communication Services
Frequently Asked Questions
Is Cineverse Corp. (CNVS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cineverse Corp. 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 Cineverse Corp.'s debt ratio?
Cineverse Corp.'s debt ratio is 0.7% 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 0.6%.
Does Cineverse Corp. require dividend purification?
Yes, Cineverse Corp. has an impermissible income ratio of 0.40%, which means 0.40% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Cineverse Corp.'s key financial metrics?
Cineverse Corp. has a market capitalization of $51M, and revenue of $78M. The company maintains a gross margin of 60.0% and a net margin of -16.7%. Return on equity stands at -24.5%.
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.