Is Crown Electrokinetics Corp. (CRKN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 581.3% / 30% | 3152.4% / 30% | 2043.9% / 30% | 4.19% / 5% | ✗ NOT HALAL |
| DJIM | 581.3% / 33% | 3152.4% / 33% | 2043.9% / 33% | 4.19% / 5% | ✗ NOT HALAL |
| MSCI | 7.2% / 33% | 39.2% / 33% | 25.4% / 33% | 4.19% / 5% | ✗ NOT HALAL |
| S&P | 581.3% / 33% | 3152.4% / 33% | 2043.9% / 33% | 4.19% / 5% | ✗ NOT HALAL |
| FTSE | 7.2% / 33% | 39.2% / 33% | 25.4% / 50% | 4.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -3.2% | |
| Operating Margin | -357.1% | |
| Net Margin | -142.3% | |
| Return on Equity (ROE) | -162.4% | |
| Return on Assets (ROA) | -72.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$18M |
| Free Cash Flow | -$24M |
| Total Debt | $3M |
| Debt-to-Equity | 6.6 |
| Current Ratio | 5.1 |
| Total Assets | $35M |
Price & Trading
| Last Close | $0.20 |
| 50-Day MA | $0.10 |
| 200-Day MA | $0.67 |
| Avg Volume | 2K |
| Beta | 1.6 |
|
52-Week Range
$0.00
| |
About Crown Electrokinetics Corp. (CRKN)
Crown Electrokinetics Corp. provides infrastructure solutions in the United States. It operates in four segments: Smart Windows Division, Fiber Optics Division, Slant Wells Group, and Element 82. The company focuses on the construction of 5G fiber optics infrastructure; and provides contracting services, such as program management and engineering, and aerial and underground fiber networks construction to the fiber optics and telecommunications infrastructure industry. It also offers DynamicTint technology, which allows transition between clear and dark in seconds that can be applied to a wide array of windows, including commercial buildings, automotive sunroofs, skylight, and residential windows; and smart window inserts designed for retrofitting in commercial and residential settings, which offers dynamic tinting along with additional insulation and soundproofing. In addition, the company is involved in the construction of slant wells for the provision of ocean water to desalination plants that produce fresh water. Further, it offers water pipeline inspection services. The company was formerly known as 3D Nanocolor Corp. and changed its name to Crown Electrokinetics Corp. in October 2017. Crown Electrokinetics Corp. was incorporated in 2015 and is based in Corvallis, Oregon.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is Crown Electrokinetics Corp. (CRKN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Crown Electrokinetics 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 Crown Electrokinetics Corp.'s debt ratio?
Crown Electrokinetics Corp.'s debt ratio is 581.3% 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 7.2%.
What are Crown Electrokinetics Corp.'s key financial metrics?
Crown Electrokinetics Corp. has a market capitalization of $434,556, trailing P/E ratio of 0.0, and revenue of $20M. The company maintains a gross margin of -3.2% and a net margin of -142.3%. Return on equity stands at -162.4%.
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.