Is Grove Collaborative Holdings, Inc. (GROV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 41.4% / 30% | 36.8% / 30% | 0.0% / 30% | 3.9% / 5% | ✗ NOT HALAL |
| DJIM | 41.4% / 33% | 36.8% / 33% | 0.0% / 33% | 3.9% / 5% | ✗ NOT HALAL |
| MSCI | 34.0% / 33% | 30.2% / 33% | 0.0% / 33% | 3.9% / 5% | ✗ NOT HALAL |
| S&P | 41.4% / 33% | 36.8% / 33% | 0.0% / 33% | 3.9% / 5% | ✗ NOT HALAL |
| FTSE | 34.0% / 33% | 30.2% / 33% | 0.0% / 50% | 3.9% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 53.7% | |
| Operating Margin | -3.7% | |
| Net Margin | -6.7% | |
| Return on Equity (ROE) | -97.7% | |
| Return on Assets (ROA) | -12.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$12M |
| Total Debt | $22M |
| Debt-to-Equity | 263.1 |
| Current Ratio | 1.3 |
| Total Assets | $65M |
Price & Trading
| Last Close | $1.30 |
| 50-Day MA | $1.39 |
| 200-Day MA | $1.38 |
| Avg Volume | 68K |
| Beta | 1.2 |
|
52-Week Range
$1.02
| |
About Grove Collaborative Holdings, Inc. (GROV)
Grove Collaborative Holdings, Inc., a consumer products company, develops and sells household, personal care, beauty, and other consumer products in the United States. The company sells its products under the Grove-owned brands through direct-to-consumer platform through websites, mobile applications, and third parties. It sells through online and physical stores; physical, ecommerce, omnichannel retailers, vendors, distributors, and manufacturers; and web search engines, comparison shopping websites, social networks, and other online and app-based networks. Grove Collaborative Holdings, Inc. is headquartered in San Francisco, California.
Related Halal Stocks in Consumer Defensive
Frequently Asked Questions
Is Grove Collaborative Holdings, Inc. (GROV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Grove Collaborative 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 Grove Collaborative Holdings, Inc.'s debt ratio?
Grove Collaborative Holdings, Inc.'s debt ratio is 41.4% 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 34.0%.
What are Grove Collaborative Holdings, Inc.'s key financial metrics?
Grove Collaborative Holdings, Inc. has a market capitalization of $51M, and revenue of $203M. The company maintains a gross margin of 53.7% and a net margin of -6.7%. Return on equity stands at -97.7%.
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.