Is Gamehaus Holdings Inc. (GMHS) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.3% / 30% | 35.6% / 30% | 24.5% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 1.3% / 33% | 35.6% / 33% | 24.5% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 1.3% / 33% | 36.7% / 33% | 25.2% / 33% | N/A | ✗ NOT HALAL |
| S&P | 1.3% / 33% | 35.6% / 33% | 24.5% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 1.3% / 33% | 36.7% / 33% | 25.2% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.7% | |
| Operating Margin | 3.3% | |
| Net Margin | 4.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | $4M |
| Total Debt | $687,902 |
| Debt-to-Equity | 1.6 |
| Current Ratio | 3.1 |
| Total Assets | $51M |
Price & Trading
| Last Close | $1.06 |
| 50-Day MA | $1.02 |
| 200-Day MA | $1.25 |
| Avg Volume | 29K |
| Beta | 0.2 |
|
52-Week Range
$0.86
| |
About Gamehaus Holdings Inc. (GMHS)
Gamehaus Holdings Inc., a technology-driven mobile game publishing company, distributes mobile games created by its developer partners across gaming markets in the United States, the United Kingdom, Australia, Germany, France, Canada, Brazil, Japan, India and internationally. It also engages in sales of virtual items associated with mobile games, as well as advertisements within the mobile games. Gamehaus Holdings Inc. is based in Shanghai, China.
Related Halal Stocks in Communication Services
Frequently Asked Questions
Is Gamehaus Holdings Inc. (GMHS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gamehaus Holdings 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 Gamehaus Holdings Inc.'s debt ratio?
Gamehaus Holdings Inc.'s debt ratio is 1.3% 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 1.3%.
What are Gamehaus Holdings Inc.'s key financial metrics?
Gamehaus Holdings Inc. has a market capitalization of $60M, trailing P/E ratio of 11.6. The company maintains a gross margin of 52.7% and a net margin of 4.3%.
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.