Is EUROSEAS LTD. (ESEA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 45.0% / 30% | 16.1% / 30% | 1.2% / 30% | 1.11% / 5% | ✗ NOT HALAL |
| DJIM | 45.0% / 33% | 16.1% / 33% | 1.2% / 33% | 1.11% / 5% | ✗ NOT HALAL |
| MSCI | 34.7% / 33% | 12.5% / 33% | 0.9% / 33% | 1.11% / 5% | ✗ NOT HALAL |
| S&P | 45.0% / 33% | 16.1% / 33% | 1.2% / 33% | 1.11% / 5% | ✗ NOT HALAL |
| FTSE | 34.7% / 33% | 12.5% / 33% | 0.9% / 50% | 1.11% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 76.1% | |
| Operating Margin | 59.1% | |
| Net Margin | 60.1% | |
| Return on Equity (ROE) | 33.1% | |
| Return on Assets (ROA) | 12.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $128M |
| Free Cash Flow | -$51M |
| Total Debt | $205M |
| Debt-to-Equity | 46.8 |
| Current Ratio | 4.9 |
| Total Assets | $591M |
Price & Trading
| Last Close | $62.61 |
| 50-Day MA | $60.81 |
| 200-Day MA | $57.01 |
| Avg Volume | 51K |
| Beta | 0.9 |
|
52-Week Range
$26.30
| |
About EUROSEAS LTD. (ESEA)
Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of April 30, 2025, it had a fleet of 22 containerships with a cargo carrying capacity of approximately 849,404 dwt. Euroseas Ltd. is based in Marousi, Greece.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is EUROSEAS LTD. (ESEA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EUROSEAS LTD. 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 EUROSEAS LTD.'s debt ratio?
EUROSEAS LTD.'s debt ratio is 45.0% 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 34.7%.
What are EUROSEAS LTD.'s key financial metrics?
EUROSEAS LTD. has a market capitalization of $429M, trailing P/E ratio of 3.1, and revenue of $213M. The company maintains a gross margin of 76.1% and a net margin of 60.1%. Return on equity stands at 33.1%.
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.