Is Gogo Inc. (GOGO) Halal?

NASDAQ Communication Services United States $580M
✗ NOT HALAL
Confidence: 90/100
Gogo Inc. (GOGO) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 129.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Gogo Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 129.9%
/ 30%
5.9%
/ 30%
20.4%
/ 30%
6.58%
/ 5%
✗ NOT HALAL
DJIM 129.9%
/ 33%
5.9%
/ 33%
20.4%
/ 33%
6.58%
/ 5%
✗ NOT HALAL
MSCI 74.4%
/ 33%
3.4%
/ 33%
11.7%
/ 33%
6.58%
/ 5%
✗ NOT HALAL
S&P 129.9%
/ 33%
5.9%
/ 33%
20.4%
/ 33%
6.58%
/ 5%
✗ NOT HALAL
FTSE 74.4%
/ 33%
3.4%
/ 33%
11.7%
/ 50%
6.58%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
47.9
Forward: 5.4
EPS
$0.09
P/B Ratio
5.7
EV/EBITDA
7.2
EV: $1.4B
Revenue
$910M
Growth: 67.3%
Beta
1.1
Average volatility
Current Ratio
1.6

Profitability

Gross Margin 44.3%
Operating Margin 6.0%
Net Margin 1.4%
Return on Equity (ROE) 15.2%
Return on Assets (ROA) 6.3%

Cash Flow & Balance Sheet

Operating Cash Flow$124M
Free Cash Flow$49M
Total Debt$906M
Debt-to-Equity895.7
Current Ratio1.6
Total Assets$1.3B

Price & Trading

Last Close$4.52
50-Day MA$4.50
200-Day MA$8.63
Avg Volume2.2M
Beta1.1
52-Week Range
$3.85
$16.82

About Gogo Inc. (GOGO)

CEO
Mr. Christopher J. Moore
Employees
680
Sector
Communication Services
Industry
Telecom Services
Country
United States
Exchange
NASDAQ
Market Cap
$580M
Currency
USD

Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. It offers voice and data, in-flight entertainment, and other services. In addition, the company's infrastructure includes networks, towers, cyber security software and data centers to support in-flight connectivity services, as well as in the provision of telecommunications services. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.

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Frequently Asked Questions

Is Gogo Inc. (GOGO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gogo 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 Gogo Inc.'s debt ratio?

Gogo Inc.'s debt ratio is 129.9% 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 74.4%.

What are Gogo Inc.'s key financial metrics?

Gogo Inc. has a market capitalization of $580M, trailing P/E ratio of 47.9, and revenue of $910M. The company maintains a gross margin of 44.3% and a net margin of 1.4%. Return on equity stands at 15.2%.

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.