Is DELCATH SYSTEMS, INC. (DCTH) Halal?

NASDAQ Healthcare United States $317M
✓ HALAL
Confidence: 95/100
DELCATH SYSTEMS, INC. (DCTH) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.3% against the AAOIFI threshold of 30%, DELCATH SYSTEMS, INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.3%
/ 30%
28.4%
/ 30%
4.0%
/ 30%
0.08%
/ 5%
✓ HALAL
DJIM 0.3%
/ 33%
28.4%
/ 33%
4.0%
/ 33%
0.08%
/ 5%
✓ HALAL
MSCI 0.8%
/ 33%
73.6%
/ 33%
10.5%
/ 33%
0.08%
/ 5%
✗ NOT HALAL
S&P 0.3%
/ 33%
28.4%
/ 33%
4.0%
/ 33%
0.08%
/ 5%
✓ HALAL
FTSE 0.8%
/ 33%
73.6%
/ 33%
10.5%
/ 50%
0.08%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
128.1
Forward: -45.8
EPS
$0.07
P/B Ratio
2.8
EV/EBITDA
246.7
EV: $222M
Revenue
$85M
Growth: 37.3%
Beta
0.5
Low volatility
Current Ratio
10.9

Profitability

Gross Margin 86.2%
Operating Margin -10.5%
Net Margin 3.2%
Return on Equity (ROE) 3.0%
Return on Assets (ROA) 0.4%

Cash Flow & Balance Sheet

Operating Cash Flow$23M
Free Cash Flow$21M
Total Debt$936,000
Debt-to-Equity0.8
Current Ratio10.9
Total Assets$124M

Price & Trading

Last Close$9.13
50-Day MA$9.60
200-Day MA$10.55
Avg Volume480K
Beta0.5
52-Week Range
$8.12
$18.23

About DELCATH SYSTEMS, INC. (DCTH)

CEO
Mr. Gerard J. Michel MBA, MS
Employees
156
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$317M
Currency
USD

Delcath Systems, Inc., an interventional oncology company, focuses on the treatment of primary and metastatic liver cancers in the United States and Europe. The company's lead product candidate is HEPZATO KIT, a melphalan for injection/hepatic delivery system to administer high-dose chemotherapy to the liver while controlling systemic exposure and associated side effects. Its clinical development program for HEPZATO is the FOCUS clinical trial for patients with metastatic hepatic dominant Uveal Melanoma to investigate objective response rate in metastatic uveal melanoma. The company also provides HEPZATO as a stand-alone medical device under the CHEMOSAT Hepatic Delivery System trade name for Melphalan or CHEMOSAT for medical centers to treat a range of liver cancers in Europe. The company was founded in 1988 and is headquartered in Queensbury, New York.

Purification Calculator

As a halal stock with 0.08% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is DELCATH SYSTEMS, INC. (DCTH) halal to invest in?

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

DELCATH SYSTEMS, INC.'s debt ratio is 0.3% 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 0.8%.

Does DELCATH SYSTEMS, INC. require dividend purification?

Yes, DELCATH SYSTEMS, INC. has an impermissible income ratio of 0.08%, which means 0.08% 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 DELCATH SYSTEMS, INC.'s key financial metrics?

DELCATH SYSTEMS, INC. has a market capitalization of $317M, trailing P/E ratio of 128.1, and revenue of $85M. The company maintains a gross margin of 86.2% and a net margin of 3.2%. Return on equity stands at 3.0%.

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.