Is CHICAGO RIVET & MACHINE CO (CVR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 15.6% / 30% | 22.6% / 30% | 0.44% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 15.6% / 33% | 22.6% / 33% | 0.44% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 9.3% / 33% | 13.5% / 33% | 0.44% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 15.6% / 33% | 22.6% / 33% | 0.44% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 9.3% / 33% | 13.5% / 50% | 0.44% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 14.8% | |
| Operating Margin | -20.9% | |
| Net Margin | -3.9% | |
| Return on Equity (ROE) | -5.6% | |
| Return on Assets (ROA) | -4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$153,451 |
| Free Cash Flow | -$804,849 |
| Debt-to-Equity | 4.9 |
| Current Ratio | 5.2 |
| Total Assets | $23M |
Price & Trading
| Last Close | $11.16 |
| 50-Day MA | $13.63 |
| 200-Day MA | $11.86 |
| Avg Volume | 4K |
| Beta | 0.1 |
|
52-Week Range
$8.15
| |
About CHICAGO RIVET & MACHINE CO (CVR)
Chicago Rivet & Machine Co. operates in the fastener industry in North America. It operates through Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products.The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines. It sells its products to automotive industry through independent sales representatives. The company was founded in 1920 and is based in Naperville, Illinois.
Purification Calculator
As a halal stock with 0.44% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CHICAGO RIVET & MACHINE CO (CVR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CHICAGO RIVET & MACHINE CO 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 CHICAGO RIVET & MACHINE CO's debt ratio?
CHICAGO RIVET & MACHINE CO's debt ratio is 0.0% 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 0.0%.
Does CHICAGO RIVET & MACHINE CO require dividend purification?
Yes, CHICAGO RIVET & MACHINE CO has an impermissible income ratio of 0.44%, which means 0.44% 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 CHICAGO RIVET & MACHINE CO's key financial metrics?
CHICAGO RIVET & MACHINE CO has a market capitalization of $10M, and revenue of $27M. The company maintains a gross margin of 14.8% and a net margin of -3.9%. Return on equity stands at -5.6%.
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.