Is Dragonfly Energy Holdings Corp. (DFLI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 176.7% / 30% | 15.5% / 30% | 7.7% / 30% | 13.13% / 5% | ✗ NOT HALAL |
| DJIM | 176.7% / 33% | 15.5% / 33% | 7.7% / 33% | 13.13% / 5% | ✗ NOT HALAL |
| MSCI | 73.5% / 33% | 6.4% / 33% | 3.2% / 33% | 13.13% / 5% | ✗ NOT HALAL |
| S&P | 176.7% / 33% | 15.5% / 33% | 7.7% / 33% | 13.13% / 5% | ✗ NOT HALAL |
| FTSE | 73.5% / 33% | 6.4% / 33% | 3.2% / 50% | 13.13% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.7% | |
| Operating Margin | -78.1% | |
| Net Margin | -118.3% | |
| Return on Equity (ROE) | -569.1% | |
| Return on Assets (ROA) | -17.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$7M |
| Free Cash Flow | -$10M |
| Total Debt | $55M |
| Debt-to-Equity | 96.8 |
| Current Ratio | 2.5 |
| Total Assets | $75M |
Price & Trading
| Last Close | $1.94 |
| 50-Day MA | $2.78 |
| 200-Day MA | $4.88 |
| Avg Volume | 590K |
| Beta | -0.1 |
|
52-Week Range
$1.50
| |
About Dragonfly Energy Holdings Corp. (DFLI)
Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. It operates in two segments, direct-to-consumers and original equipment manufacturers. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems, and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.
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Frequently Asked Questions
Is Dragonfly Energy Holdings Corp. (DFLI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Dragonfly Energy Holdings 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 Dragonfly Energy Holdings Corp.'s debt ratio?
Dragonfly Energy Holdings Corp.'s debt ratio is 176.7% 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 73.5%.
What are Dragonfly Energy Holdings Corp.'s key financial metrics?
Dragonfly Energy Holdings Corp. has a market capitalization of $21M, and revenue of $51M. The company maintains a gross margin of 26.7% and a net margin of -118.3%. Return on equity stands at -569.1%.
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.