Is DESTINATION XL GROUP, INC. (DXLG) Halal?

NASDAQ Consumer Cyclical United States $26M
✗ NOT HALAL
Confidence: 90/100
DESTINATION XL GROUP, INC. (DXLG) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 690.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. DESTINATION XL GROUP, INC. operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 690.7%
/ 30%
181.2%
/ 30%
6.1%
/ 30%
0.28%
/ 5%
✗ NOT HALAL
DJIM 690.7%
/ 33%
181.2%
/ 33%
6.1%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
MSCI 48.5%
/ 33%
12.7%
/ 33%
0.4%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
S&P 690.7%
/ 33%
181.2%
/ 33%
6.1%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
FTSE 48.5%
/ 33%
12.7%
/ 33%
0.4%
/ 50%
0.28%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.66
P/B Ratio
0.2
EV/EBITDA
128.5
EV: $207M
Revenue
$467M
Growth: -6.0%
Beta
1.3
High volatility
Current Ratio
1.3

Profitability

Gross Margin 43.4%
Operating Margin -4.6%
Net Margin -8.3%
Return on Equity (ROE) -28.8%
Return on Assets (ROA) -2.3%

Cash Flow & Balance Sheet

Operating Cash Flow$30M
Free Cash Flow$2M
Total Debt$185M
Debt-to-Equity193.6
Current Ratio1.3
Total Assets$381M

Price & Trading

Last Close$0.49
50-Day MA$0.60
200-Day MA$1.01
Avg Volume164K
Beta1.3
52-Week Range
$0.46
$1.69

About DESTINATION XL GROUP, INC. (DXLG)

CEO
Mr. Harvey S. Kanter
Employees
1,435
Sector
Consumer Cyclical
Industry
Apparel Retail
Country
United States
Exchange
NASDAQ
Market Cap
$26M
Currency
USD

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and footwear in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, t-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides vintage-screen t-shirts and wovens under various private labels. The company offers its products under the Destination XL, DXL, DXL Men's Apparel, Big on Being Better, Casual Male, Casual Male XL, Continuous Comfort, FiTMAP, Harbor Bay, Oak Hill, Synrgy, Society of One, True Nation, Wear What You Want, Neck-Relaxer brand names. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts.

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Frequently Asked Questions

Is DESTINATION XL GROUP, INC. (DXLG) halal to invest in?

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

DESTINATION XL GROUP, INC.'s debt ratio is 690.7% 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 48.5%.

What are DESTINATION XL GROUP, INC.'s key financial metrics?

DESTINATION XL GROUP, INC. has a market capitalization of $26M, and revenue of $467M. The company maintains a gross margin of 43.4% and a net margin of -8.3%. Return on equity stands at -28.8%.

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.