Is Edible Garden AG Inc (EDBLW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 31.9% / 33% | 29.6% / 33% | 16.5% / 33% | 4.02% / 5% | ✓ HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 31.9% / 33% | 29.6% / 33% | 16.5% / 50% | 4.02% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.1% | |
| Operating Margin | -126.3% | |
| Net Margin | -115.4% | |
| Return on Equity (ROE) | -179.1% | |
| Return on Assets (ROA) | -55.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$9M |
| Total Debt | $4M |
| Debt-to-Equity | 26.6 |
| Current Ratio | 0.8 |
| Total Assets | $12M |
Price & Trading
| Last Close | $0.11 |
| Beta | 2.2 |
|
52-Week Range
$0.09
| |
About Edible Garden AG Inc (EDBLW)
Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.
Related Halal Stocks in
Frequently Asked Questions
Is Edible Garden AG Inc (EDBLW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Edible Garden AG 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 Edible Garden AG Inc's debt ratio?
Edible Garden AG Inc's debt ratio is not available 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 31.9%.
What are Edible Garden AG Inc's key financial metrics?
Edible Garden AG Inc has a market capitalization of N/A, and revenue of $14M. The company maintains a gross margin of 8.1% and a net margin of -115.4%. Return on equity stands at -179.1%.
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.