Is CYANOTECH CORP (CYAN) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 336.4% / 30% | 7.5% / 30% | 56.8% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 336.4% / 33% | 7.5% / 33% | 56.8% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 49.2% / 33% | 1.1% / 33% | 8.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 336.4% / 33% | 7.5% / 33% | 56.8% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 49.2% / 33% | 1.1% / 33% | 8.3% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.4% | |
| Operating Margin | 2.7% | |
| Net Margin | -7.0% | |
| Return on Equity (ROE) | -20.0% | |
| Return on Assets (ROA) | -2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $12M |
| Debt-to-Equity | 148.8 |
| Current Ratio | 1.0 |
| Total Assets | $23M |
Price & Trading
| Last Close | $0.29 |
| 50-Day MA | $0.40 |
| 200-Day MA | $0.37 |
| Avg Volume | 8K |
| Beta | -0.2 |
|
52-Week Range
$0.21
| |
About CYANOTECH CORP (CYAN)
Cyanotech Corporation, an agricultural company, engages in the production and sale of natural ingredients and dietary supplement products from microalgae for health and wellness markets. The company offers BioAstin Hawaiian Astaxanthin, a natural antioxidant to enhance skin, and to support eye, joint, brain, and immune health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement to support natural energy, immune system, and cardiovascular health, as well as a source of protein, antioxidant carotenoids, and essential nutrients. It also provides contract extraction, and research and development services. The company sells its products through distributors, retailers, and online channels; direct to consumers; and in bulk form to manufacturers, formulators, and distributors in the health food, cosmetic manufacturers and nutraceuticals, and dietary supplement markets. It operates in the United States, the Asia-Pacific, Europe, and internationally. Cyanotech Corporation was incorporated in 1983 and is headquartered in Kailua-Kona, Hawaii.
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Frequently Asked Questions
Is CYANOTECH CORP (CYAN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CYANOTECH 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 CYANOTECH CORP's debt ratio?
CYANOTECH CORP's debt ratio is 336.4% 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 49.2%.
What are CYANOTECH CORP's key financial metrics?
CYANOTECH CORP has a market capitalization of $2M, and revenue of $24M. The company maintains a gross margin of 32.4% and a net margin of -7.0%. Return on equity stands at -20.0%.
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.