Is GRAVITY Co., Ltd. (GRVY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 127609.8% / 30% | 18857.3% / 30% | 3.41% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 127609.8% / 33% | 18857.3% / 33% | 3.41% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 81.5% / 33% | 12.1% / 33% | 3.41% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 127609.8% / 33% | 18857.3% / 33% | 3.41% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 81.5% / 33% | 12.1% / 50% | 3.41% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.9% | |
| Operating Margin | 13.2% | |
| Net Margin | 13.9% | |
| Return on Equity (ROE) | 13.6% | |
| Return on Assets (ROA) | 6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $78.6B |
| Free Cash Flow | $73.8B |
| Debt-to-Equity | 0.6 |
| Current Ratio | 6.9 |
| Total Assets | $686.5B |
Price & Trading
| Last Close | $62.06 |
| 50-Day MA | $64.67 |
| 200-Day MA | $62.06 |
| Avg Volume | 27K |
| Beta | 1.0 |
|
52-Week Range
$54.54
| |
About GRAVITY Co., Ltd. (GRVY)
Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring; Tera Classic; NBA: Rise To Stardom; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics. It also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; Pigromance for Steam, Stove, Nintendo Switch, Xbox One, Xbox Series X|S; ALTF4 11 for Steam and Stove; Wetory for Steam, Stove, Nintedo Switch; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Haunted House and Pororo: The Little Penguin, and Kongsuni; and markets dolls, stationery, food, and other character-based merchandise, as well as game manuals, monthly magazines, and other publications; PC games, including Puzzle, Platformer, ALTF4 II, Ragnarok ZERO, KAMiBAKO-Mythology of Cube, Psychodemic, and FINAL KNIGHT; social network games and mobile games, such as Ragnarok V: Returns, Ragnarok: The Lost Memories and Ragnrok Begins in-house; and web-browser-based games, such as Ragnarok Prequel and Ragnarok Prequel II. Further, the company provides system development and maintenance services, as well as system integration services to third parties. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.
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Frequently Asked Questions
Is GRAVITY Co., Ltd. (GRVY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GRAVITY Co., Ltd. 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 GRAVITY Co., Ltd.'s debt ratio?
GRAVITY Co., Ltd.'s debt ratio is 0.0% 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 0.0%.
What are GRAVITY Co., Ltd.'s key financial metrics?
GRAVITY Co., Ltd. has a market capitalization of $427M, trailing P/E ratio of 9.5, and revenue of $500.8B. The company maintains a gross margin of 33.9% and a net margin of 13.9%. Return on equity stands at 13.6%.
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.