Is Civeo Corp (CVEO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.7% / 30% | 1.4% / 30% | 24.4% / 30% | 0.03% / 5% | ✓ HALAL |
| DJIM | 13.7% / 33% | 1.4% / 33% | 24.4% / 33% | 0.03% / 5% | ✓ HALAL |
| MSCI | 12.3% / 33% | 1.3% / 33% | 22.0% / 33% | 0.03% / 5% | ✓ HALAL |
| S&P | 13.7% / 33% | 1.4% / 33% | 24.4% / 33% | 0.03% / 5% | ✓ HALAL |
| FTSE | 12.3% / 33% | 1.3% / 33% | 22.0% / 50% | 0.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.6% | |
| Operating Margin | -0.1% | |
| Net Margin | -3.1% | |
| Return on Equity (ROE) | -9.8% | |
| Return on Assets (ROA) | 0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $22M |
| Free Cash Flow | $2M |
| Total Debt | $194M |
| Debt-to-Equity | 115.2 |
| Current Ratio | 1.5 |
| Total Assets | $477M |
Price & Trading
| Last Close | $27.85 |
| 50-Day MA | $27.32 |
| 200-Day MA | $23.98 |
| Avg Volume | 60K |
| Beta | 0.6 |
|
52-Week Range
$18.01
| |
About Civeo Corp (CVEO)
Civeo Corporation engages in hospitality services to the natural resource industry in Canada, Australia, and internationally. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs. It also offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication system, security, logistics, and camp management services. In addition, the company provides development activities for workforce accommodation facilities, including site selection, permitting, engineering and design, and manufacturing and site construction services, as well as lodging and catering, and hospitality services. It serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corporation was founded in 1977 and is headquartered in Houston, Texas.
Purification Calculator
As a halal stock with 0.03% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Civeo Corp (CVEO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Civeo 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 Civeo Corp's debt ratio?
Civeo Corp's debt ratio is 13.7% 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 12.3%.
Does Civeo Corp require dividend purification?
Yes, Civeo Corp has an impermissible income ratio of 0.03%, which means 0.03% 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 Civeo Corp's key financial metrics?
Civeo Corp has a market capitalization of $312M, and revenue of $639M. The company maintains a gross margin of 23.6% and a net margin of -3.1%. Return on equity stands at -9.8%.
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.