Is CRESUD INC (CRESY) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 175599.4% / 30% | 50742.3% / 30% | 51369.9% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 175599.4% / 33% | 50742.3% / 33% | 51369.9% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 26.0% / 33% | 7.5% / 33% | 7.6% / 33% | N/A | ✓ HALAL |
| S&P | 175599.4% / 33% | 50742.3% / 33% | 51369.9% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 26.0% / 33% | 7.5% / 33% | 7.6% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 41.4% | |
| Operating Margin | 24.3% | |
| Net Margin | 19.2% | |
| Return on Equity (ROE) | 21.0% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $115.4B |
| Free Cash Flow | $3.2B |
| Total Debt | $1.3T |
| Debt-to-Equity | 78.5 |
| Current Ratio | 1.4 |
| Total Assets | $4.8T |
Price & Trading
| Last Close | $12.14 |
| 50-Day MA | $12.11 |
| 200-Day MA | $11.01 |
| Avg Volume | 260K |
| Beta | 0.2 |
|
52-Week Range
$8.19
| |
About CRESUD INC (CRESY)
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments. It is also involved in the management, development, and ownership of shopping malls, office buildings, and hotels; sale of grain derivatives, such as flour and oil; production and sale of crops, such as soybean, sugarcane, wheat, corn, oilseed, and sunflower, as well as sorghum and peanuts; and breeding, purchasing, and/or fattening of cattle for sale to slaughterhouses and supermarkets. In addition, it leases its farms to third parties for agriculture, cattle breeding, and seed production; and offers agricultural services. The company was incorporated in 1936 and is headquartered in Buenos Aires, Argentina.
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Frequently Asked Questions
Is CRESUD INC (CRESY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CRESUD INC 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 CRESUD INC's debt ratio?
CRESUD INC's debt ratio is 175599.4% 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 26.0%.
What are CRESUD INC's key financial metrics?
CRESUD INC has a market capitalization of $855M, trailing P/E ratio of 5.6. The company maintains a gross margin of 41.4% and a net margin of 19.2%. Return on equity stands at 21.0%.
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.