Is Gossamer Bio, Inc. (GOSS) Halal?

NASDAQ Healthcare United States $81M
✗ NOT HALAL
Confidence: 90/100
Gossamer Bio, Inc. (GOSS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 175.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Gossamer Bio, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 175.1%
/ 30%
254.1%
/ 30%
4.6%
/ 30%
1.55%
/ 5%
✗ NOT HALAL
DJIM 175.1%
/ 33%
254.1%
/ 33%
4.6%
/ 33%
1.55%
/ 5%
✗ NOT HALAL
MSCI 64.3%
/ 33%
93.4%
/ 33%
1.7%
/ 33%
1.55%
/ 5%
✗ NOT HALAL
S&P 175.1%
/ 33%
254.1%
/ 33%
4.6%
/ 33%
1.55%
/ 5%
✗ NOT HALAL
FTSE 64.3%
/ 33%
93.4%
/ 33%
1.7%
/ 50%
1.55%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.75
P/B Ratio
-0.7
EV/EBITDA
-0.9
EV: $147M
Revenue
$115M
Growth: 47.1%
Beta
2.1
High volatility
Current Ratio
2.6

Profitability

Gross Margin 100.0%
Operating Margin -333.6%
Net Margin 0.0%
Return on Assets (ROA) -41.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Total Debt$203M
Current Ratio2.6
Total Assets$315M

Price & Trading

Last Close$0.37
50-Day MA$1.44
200-Day MA$2.18
Avg Volume15.0M
Beta2.1
52-Week Range
$0.32
$3.87

About Gossamer Bio, Inc. (GOSS)

CEO
Mr. Faheem Hasnain
Employees
161
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$81M
Currency
USD

Gossamer Bio, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing seralutinib for the treatment of pulmonary hypertension and pulmonary arterial hypertension in the United States. The company develops GB002, an inhaled, small molecule, platelet-derived growth factor receptor, or PDGFR, colony-stimulatin factor 1 receptor and c-KIT inhibitor, which is in Phase 3 clinical trial for the treatment of PAH. It has license agreements with Pulmokine, Inc. to develop and commercialize GB002 and related backup compounds. The company was formerly known as FSG, Bio, Inc. and changed its name to Gossamer Bio, Inc. in 2017. The company was incorporated in 2015 and is headquartered in San Diego, California.

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Frequently Asked Questions

Is Gossamer Bio, Inc. (GOSS) halal to invest in?

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

Gossamer Bio, Inc.'s debt ratio is 175.1% 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 64.3%.

What are Gossamer Bio, Inc.'s key financial metrics?

Gossamer Bio, Inc. has a market capitalization of $81M, and revenue of $115M.

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.