Is GREENPOWER MOTOR Co INC. (GP) Halal?

NASDAQ Industrials Canada $5M
✗ NOT HALAL
Confidence: 90/100
GREENPOWER MOTOR Co INC. (GP) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 375.2% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. GREENPOWER MOTOR Co INC. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 375.2%
/ 30%
6.5%
/ 30%
11.1%
/ 30%
7.22%
/ 5%
✗ NOT HALAL
DJIM 375.2%
/ 33%
6.5%
/ 33%
11.1%
/ 33%
7.22%
/ 5%
✗ NOT HALAL
MSCI 56.8%
/ 33%
1.0%
/ 33%
1.7%
/ 33%
7.22%
/ 5%
✗ NOT HALAL
S&P 375.2%
/ 33%
6.5%
/ 33%
11.1%
/ 33%
7.22%
/ 5%
✗ NOT HALAL
FTSE 56.8%
/ 33%
1.0%
/ 33%
1.7%
/ 50%
7.22%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.46
P/B Ratio
-1.1
EV/EBITDA
-4.7
EV: $26M
Revenue
$20M
Growth: 17.7%
Beta
1.8
High volatility
Current Ratio
1.3

Profitability

Gross Margin 50.0%
Operating Margin 58.0%
Net Margin -43.9%
Return on Assets (ROA) -11.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$6M
Total Debt$20M
Current Ratio1.3
Total Assets$35M

Price & Trading

Last Close$1.06
50-Day MA$1.06
200-Day MA$2.33
Avg Volume1.6M
Beta1.8
52-Week Range
$0.74
$6.42

About GREENPOWER MOTOR Co INC. (GP)

CEO
Mr. Brendan Riley
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Country
Canada
Exchange
NASDAQ
Market Cap
$5M
Currency
USD

GreenPower Motor Company Inc. manufactures and distributes electric commercial vehicles and transit, school, and charter buses in the United States and Canada. The company offers school bus, commercial goods, and commercial passenger line vehicles. It also commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other sectors. GreenPower Motor Company Inc. was founded in 2010 and is headquartered in Vancouver, Canada.

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Frequently Asked Questions

Is GREENPOWER MOTOR Co INC. (GP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), GREENPOWER MOTOR Co 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 GREENPOWER MOTOR Co INC.'s debt ratio?

GREENPOWER MOTOR Co INC.'s debt ratio is 375.2% 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 56.8%.

What are GREENPOWER MOTOR Co INC.'s key financial metrics?

GREENPOWER MOTOR Co INC. has a market capitalization of $5M, and revenue of $20M. The company maintains a gross margin of 50.0% and a net margin of -43.9%.

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.