Is Envirotech Vehicles, Inc. (EVTV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 60.6% / 30% | 30.7% / 30% | 31.8% / 30% | 0.41% / 5% | ✗ NOT HALAL |
| DJIM | 60.6% / 33% | 30.7% / 33% | 31.8% / 33% | 0.41% / 5% | ✗ NOT HALAL |
| MSCI | 11.7% / 33% | 5.9% / 33% | 6.2% / 33% | 0.41% / 5% | ✓ HALAL |
| S&P | 60.6% / 33% | 30.7% / 33% | 31.8% / 33% | 0.41% / 5% | ✗ NOT HALAL |
| FTSE | 11.7% / 33% | 5.9% / 33% | 6.2% / 50% | 0.41% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -31.0% | |
| Operating Margin | -152.4% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -267.8% | |
| Return on Assets (ROA) | -40.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$4M |
| Total Debt | $4M |
| Debt-to-Equity | 213.3 |
| Current Ratio | 1.0 |
| Total Assets | $33M |
Price & Trading
| Last Close | $1.57 |
| 50-Day MA | $1.95 |
| 200-Day MA | $1.69 |
| Avg Volume | 29.4M |
| Beta | 0.8 |
|
52-Week Range
$0.33
| |
About Envirotech Vehicles, Inc. (EVTV)
Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. Envirotech Vehicles, Inc. is headquartered in Houston, Texas.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is Envirotech Vehicles, Inc. (EVTV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Envirotech Vehicles, 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 Envirotech Vehicles, Inc.'s debt ratio?
Envirotech Vehicles, Inc.'s debt ratio is 60.6% 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 11.7%.
What are Envirotech Vehicles, Inc.'s key financial metrics?
Envirotech Vehicles, Inc. has a market capitalization of $21M, and revenue of $2M. Return on equity stands at -267.8%.
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.