Is PMGC Holdings Inc. (ELAB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 165.8% / 30% | 0.2% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 165.8% / 33% | 0.2% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 44.3% / 33% | 0.1% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 165.8% / 33% | 0.2% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 44.3% / 33% | 0.1% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -82.0% | |
| Operating Margin | -752.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -76.2% | |
| Return on Assets (ROA) | -28.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$6M |
| Debt-to-Equity | 51.9 |
| Current Ratio | 1.8 |
| Total Assets | $9M |
Price & Trading
| Last Close | $1.87 |
| 50-Day MA | $9.77 |
| 200-Day MA | $104.86 |
| Avg Volume | 229K |
| Beta | 1.1 |
|
52-Week Range
$1.62
| |
About PMGC Holdings Inc. (ELAB)
PMGC Holdings Inc., a biopharmaceutical company, focuses on the development and acquisition of cutting-edge aesthetic medicines and therapeutic products. The company's lead product includes EL-22, a first-in-class engineered probiotic approach to address obesity's pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. It is also involved in the medical scientific research and development activities, as well as operates investment firms. The company was formerly known as Elevai Labs, Inc. and changed its name to PMGC Holdings Inc. in December 2024. PMGC Holdings Inc. was incorporated in 2020 and is based in Newport Beach, California.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is PMGC Holdings Inc. (ELAB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PMGC Holdings 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 PMGC Holdings Inc.'s debt ratio?
PMGC Holdings Inc.'s debt ratio is 0.0% 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 0.0%.
What are PMGC Holdings Inc.'s key financial metrics?
PMGC Holdings Inc. has a market capitalization of $904,239. Return on equity stands at -76.2%.
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.