Is CVRx, Inc. (CVRX) Halal?

NASDAQ Healthcare United States $234M
✗ NOT HALAL
Confidence: 90/100
CVRx, Inc. (CVRX) is Not Halal under AAOIFI Standard 21. While the debt ratio of 23.3% is acceptable, the cash and interest-bearing securities ratio of 34.9% exceeds the 30% threshold. CVRx, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 23.3%
/ 30%
34.9%
/ 30%
4.9%
/ 30%
6.65%
/ 5%
✗ NOT HALAL
DJIM 23.3%
/ 33%
34.9%
/ 33%
4.9%
/ 33%
6.65%
/ 5%
✗ NOT HALAL
MSCI 48.2%
/ 33%
72.2%
/ 33%
10.2%
/ 33%
6.65%
/ 5%
✗ NOT HALAL
S&P 23.3%
/ 33%
34.9%
/ 33%
4.9%
/ 33%
6.65%
/ 5%
✗ NOT HALAL
FTSE 48.2%
/ 33%
72.2%
/ 33%
10.2%
/ 50%
6.65%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.04
P/B Ratio
6.0
EV/EBITDA
-4.1
EV: $209M
Revenue
$57M
Growth: 4.4%
Beta
1.2
High volatility
Current Ratio
7.6

Profitability

Gross Margin 85.3%
Operating Margin -69.8%
Net Margin -94.1%
Return on Equity (ROE) -96.6%
Return on Assets (ROA) -26.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$40M
Free Cash Flow-$41M
Total Debt$51M
Debt-to-Equity128.4
Current Ratio7.6
Total Assets$105M

Price & Trading

Last Close$9.28
50-Day MA$7.22
200-Day MA$7.85
Avg Volume357K
Beta1.2
52-Week Range
$4.30
$13.15

About CVRx, Inc. (CVRX)

CEO
Mr. Kevin Hykes
Employees
223
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$234M
Currency
USD

CVRx, Inc., a commercial-stage medical device company, engages in developing, manufacturing, and commercializing neuromodulation solutions for patients with cardiovascular diseases in the United States, Germany, and internationally. The company offers Barostim, an implantable device that delivers electrical pulses to baroreceptors located in the wall of the carotid artery to counteract decreased baroreceptor signaling, and provides baroreflex activation therapy, which links the cardiovascular system to the autonomic nervous system. It sells its products through direct sales force, sales agents, and independent distributors. The company was incorporated in 2000 and is headquartered in Minneapolis, Minnesota.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is CVRx, Inc. (CVRX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CVRx, 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 CVRx, Inc.'s debt ratio?

CVRx, Inc.'s debt ratio is 23.3% 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 48.2%.

What are CVRx, Inc.'s key financial metrics?

CVRx, Inc. has a market capitalization of $234M, and revenue of $57M. The company maintains a gross margin of 85.3% and a net margin of -94.1%. Return on equity stands at -96.6%.

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.