Is Gogoro Inc. (GGR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 571.1% / 30% | 170.2% / 30% | 24.7% / 30% | 0.99% / 5% | ✗ NOT HALAL |
| DJIM | 571.1% / 33% | 170.2% / 33% | 24.7% / 33% | 0.99% / 5% | ✗ NOT HALAL |
| MSCI | 56.1% / 33% | 16.7% / 33% | 2.4% / 33% | 0.99% / 5% | ✗ NOT HALAL |
| S&P | 571.1% / 33% | 170.2% / 33% | 24.7% / 33% | 0.99% / 5% | ✗ NOT HALAL |
| FTSE | 56.1% / 33% | 16.7% / 33% | 2.4% / 50% | 0.99% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.3% | |
| Operating Margin | -27.1% | |
| Net Margin | -28.7% | |
| Return on Equity (ROE) | -56.9% | |
| Return on Assets (ROA) | -7.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $10M |
| Free Cash Flow | -$115M |
| Total Debt | $393M |
| Debt-to-Equity | 359.7 |
| Current Ratio | 0.8 |
| Total Assets | $700M |
Price & Trading
| Last Close | $3.49 |
| 50-Day MA | $3.29 |
| 200-Day MA | $4.82 |
| Avg Volume | 18K |
| Beta | 1.0 |
|
52-Week Range
$2.72
| |
About Gogoro Inc. (GGR)
Gogoro Inc., together with its subsidiaries, engages in the research, development, manufacture, sale, and distribution of electric scooters and bikes, and electric scooter enabling components in Taiwan, India, and internationally. The company offers consulting services; battery swapping services, including the Swap & Go battery swapping platform that delivers full power to electric-powered four-wheelers; scooter sharing; and after-sale services. It also provides battery swapping technology in the form of hardware, software, and services, which consists of Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits. Gogoro Inc. was founded in 2011 and is based in Taipei, Taiwan.
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Frequently Asked Questions
Is Gogoro Inc. (GGR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gogoro 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 Gogoro Inc.'s debt ratio?
Gogoro Inc.'s debt ratio is 571.1% 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 56.1%.
What are Gogoro Inc.'s key financial metrics?
Gogoro Inc. has a market capitalization of $51M, and revenue of $311M. The company maintains a gross margin of 8.3% and a net margin of -28.7%. Return on equity stands at -56.9%.
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.