Is GoHealth, Inc. (GOCO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 80.5% | |
| Operating Margin | -239.1% | |
| Net Margin | -27.0% | |
| Return on Equity (ROE) | -171.1% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$22M |
| Free Cash Flow | -$35M |
| Total Debt | $528M |
| Debt-to-Equity | 1259.3 |
| Current Ratio | 1.6 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $1.63 |
| 50-Day MA | $1.85 |
| 200-Day MA | $3.78 |
| Avg Volume | 57K |
| Beta | 1.7 |
|
52-Week Range
$1.31
| |
About GoHealth, Inc. (GOCO)
GoHealth, Inc. operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance purchasing behavior to reimagine the process of matching a health plan for a consumer's specific needs. It also provides Medicare plans, including Medicare advantage, Medicare supplement, prescription drug plans, and special needs plans. In addition, the company offers partner marketing services. It sells its products through internal and external agencies, as well as its platform. The company was founded in 2001 and is headquartered in Chicago, Illinois.
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Frequently Asked Questions
Is GoHealth, Inc. (GOCO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GoHealth, 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 GoHealth, Inc.'s debt ratio?
GoHealth, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are GoHealth, Inc.'s key financial metrics?
GoHealth, Inc. has a market capitalization of $45M, and revenue of $799M. The company maintains a gross margin of 80.5% and a net margin of -27.0%. Return on equity stands at -171.1%.
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.