Is Cyngn Inc. (CYN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 200.1% / 30% | 11.4% / 30% | 2550.66% / 5% | ✗ NOT HALAL |
| DJIM | 2.7% / 33% | 200.1% / 33% | 11.4% / 33% | 2550.66% / 5% | ✗ NOT HALAL |
| MSCI | 1.1% / 33% | 78.5% / 33% | 4.5% / 33% | 2550.66% / 5% | ✗ NOT HALAL |
| S&P | 2.7% / 33% | 200.1% / 33% | 11.4% / 33% | 2550.66% / 5% | ✗ NOT HALAL |
| FTSE | 1.1% / 33% | 78.5% / 33% | 4.5% / 50% | 2550.66% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.0% | |
| Operating Margin | -12028.9% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -149.7% | |
| Return on Assets (ROA) | -53.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$19M |
| Free Cash Flow | -$21M |
| Total Debt | $317,344 |
| Debt-to-Equity | 17.4 |
| Current Ratio | 10.0 |
| Total Assets | $30M |
Price & Trading
| Last Close | $1.74 |
| 50-Day MA | $1.83 |
| 200-Day MA | $4.64 |
| Avg Volume | 3.8M |
| Beta | 0.1 |
|
52-Week Range
$1.33
| |
About Cyngn Inc. (CYN)
Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software in the United States. The company develops Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; and Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and generating/aggregating/analyzing data. It also develops Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to continuously enhance algorithms and models, as well as provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Mountain View, California.
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Frequently Asked Questions
Is Cyngn Inc. (CYN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cyngn 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 Cyngn Inc.'s debt ratio?
Cyngn Inc.'s debt ratio is 2.7% 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 1.1%.
What are Cyngn Inc.'s key financial metrics?
Cyngn Inc. has a market capitalization of $21M, and revenue of $368,138. Return on equity stands at -149.7%.
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.