Is StealthGas Inc. (GASS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 22.5% / 30% | 21.4% / 30% | 1.6% / 30% | 2.04% / 5% | ✓ HALAL |
| DJIM | 22.5% / 33% | 21.4% / 33% | 1.6% / 33% | 2.04% / 5% | ✓ HALAL |
| MSCI | 11.6% / 33% | 11.0% / 33% | 0.8% / 33% | 2.04% / 5% | ✓ HALAL |
| S&P | 22.5% / 33% | 21.4% / 33% | 1.6% / 33% | 2.04% / 5% | ✓ HALAL |
| FTSE | 11.6% / 33% | 11.0% / 33% | 0.8% / 50% | 2.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 53.8% | |
| Operating Margin | 25.8% | |
| Net Margin | 35.0% | |
| Return on Equity (ROE) | 9.2% | |
| Return on Assets (ROA) | 4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $104M |
| Free Cash Flow | -$3M |
| Total Debt | $85M |
| Debt-to-Equity | 0.0 |
| Current Ratio | 9.3 |
| Total Assets | $732M |
Price & Trading
| Last Close | $9.32 |
| 50-Day MA | $8.56 |
| 200-Day MA | $7.28 |
| Avg Volume | 168K |
| Beta | 0.2 |
|
52-Week Range
$4.90
| |
About StealthGas Inc. (GASS)
StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's LPG carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia. It also offers crude oil and natural gas. The company operates a fleet of 31 LPG carries, including three JV vessels. StealthGas Inc. was incorporated in 2004 and is based in Athens, Greece.
Purification Calculator
As a halal stock with 2.04% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is StealthGas Inc. (GASS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), StealthGas Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is StealthGas Inc.'s debt ratio?
StealthGas Inc.'s debt ratio is 22.5% 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 11.6%.
Does StealthGas Inc. require dividend purification?
Yes, StealthGas Inc. has an impermissible income ratio of 2.04%, which means 2.04% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are StealthGas Inc.'s key financial metrics?
StealthGas Inc. has a market capitalization of $344M, trailing P/E ratio of 5.7, and revenue of $167M. The company maintains a gross margin of 53.8% and a net margin of 35.0%. Return on equity stands at 9.2%.
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.