Is EVgo Inc. (EVGOW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| 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 | 11.2% / 33% | 14.6% / 33% | 7.9% / 33% | 2.92% / 5% | ✓ HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 11.2% / 33% | 14.6% / 33% | 7.9% / 50% | 2.92% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.8% | |
| Operating Margin | -6.5% | |
| Net Margin | -10.8% | |
| Return on Equity (ROE) | -23.0% | |
| Return on Assets (ROA) | -7.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$124M |
| Total Debt | $311M |
| Debt-to-Equity | 80.6 |
| Current Ratio | 2.2 |
| Total Assets | $965M |
Price & Trading
| Last Close | $0.02 |
| 50-Day MA | $0.05 |
| 200-Day MA | $0.14 |
| Avg Volume | 28K |
| Beta | 2.7 |
|
52-Week Range
$0.01
| |
About EVgo Inc. (EVGOW)
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. It offers electricity directly to drivers; original equipment manufacturer charging and related services; and commercial charging. The company also provides ancillary services, such as customization of digital applications, charging data integration, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare, such as data, research, and advertising services and equipment procurement and operational services. The company was founded in 2010 and is headquartered in El Segundo, California. EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
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Frequently Asked Questions
Is EVgo Inc. (EVGOW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EVgo 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 EVgo Inc.'s debt ratio?
EVgo 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 11.2%.
What are EVgo Inc.'s key financial metrics?
EVgo Inc. has a market capitalization of N/A, and revenue of $384M. The company maintains a gross margin of 40.8% and a net margin of -10.8%. Return on equity stands at -23.0%.
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.