Is DATA I/O CORP (DAIO) Halal?

NASDAQ Technology United States $25M
✗ NOT HALAL
Confidence: 90/100
DATA I/O CORP (DAIO) is Not Halal under AAOIFI Standard 21. While the debt ratio of 10.9% is acceptable, the cash and interest-bearing securities ratio of 40.1% exceeds the 30% threshold. DATA I/O CORP operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 10.9%
/ 30%
40.1%
/ 30%
15.4%
/ 30%
1.25%
/ 5%
✗ NOT HALAL
DJIM 10.9%
/ 33%
40.1%
/ 33%
15.4%
/ 33%
1.25%
/ 5%
✗ NOT HALAL
MSCI 11.2%
/ 33%
41.4%
/ 33%
15.9%
/ 33%
1.25%
/ 5%
✗ NOT HALAL
S&P 10.9%
/ 33%
40.1%
/ 33%
15.4%
/ 33%
1.25%
/ 5%
✗ NOT HALAL
FTSE 11.2%
/ 33%
41.4%
/ 33%
15.9%
/ 50%
1.25%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.53
P/B Ratio
1.8
EV/EBITDA
-4.0
EV: $18M
Revenue
$22M
Growth: -23.2%
Beta
1.1
Average volatility
Current Ratio
3.5

Profitability

Gross Margin 49.3%
Operating Margin -62.8%
Net Margin -23.2%
Return on Equity (ROE) -31.8%
Return on Assets (ROA) -14.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$995,000
Free Cash Flow-$1M
Total Debt$3M
Debt-to-Equity10.3
Current Ratio3.5
Total Assets$25M

Price & Trading

Last Close$2.68
50-Day MA$2.88
200-Day MA$3.05
Avg Volume21K
Beta1.1
52-Week Range
$1.88
$3.57

About DATA I/O CORP (DAIO)

CEO
Mr. William O. Wentworth
Sector
Technology
Industry
Electronic Components
Country
United States
Exchange
NASDAQ
Market Cap
$25M
Currency
USD

Data I/O Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Europe, and internationally. Its programming system products are used to program integrated circuits (ICs) with the specific data for the ICs. The company offers PSV systems off-line automated programming systems, such as PSV2800 automated programming system which focuses on high-volume manufacturing in a lower cost platform; PSV7000 automated programming system for security deployment upgrades; PSV5000 automated programming system that combines mid-range capacity and supports security deployment; and PSV3500 automated programming system which provides basic programming needs. It provides SentriX security deployment system; and LumenX and non-automated FlashPAK III programming systems. In addition, the company offers hardware support, system installation and repair, and device programming services. It markets and sells its products to original equipment manufacturers in automotive and consumer electronics, internet of things, and industrial, as well as electronic manufacturing service contract manufacturers through direct sales, and indirect sales representatives and distributors. Data I/O Corporation was incorporated in 1969 and is headquartered in Redmond, Washington.

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Frequently Asked Questions

Is DATA I/O CORP (DAIO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DATA I/O 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 DATA I/O CORP's debt ratio?

DATA I/O CORP's debt ratio is 10.9% 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 11.2%.

What are DATA I/O CORP's key financial metrics?

DATA I/O CORP has a market capitalization of $25M, and revenue of $22M. The company maintains a gross margin of 49.3% and a net margin of -23.2%. Return on equity stands at -31.8%.

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.