Health In Tech, Inc. (HIT) Financial Ratio Screen

NASDAQ Technology United States USD 83M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Health In Tech, Inc. (HIT) is potentially non-compliant in the automated ratio model. While the debt ratio of 1.3% is acceptable, the cash and interest-bearing securities ratio of 49.8% exceeds the 30% threshold. Health In Tech, Inc. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

HIT financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
1.3%
Pass vs 30%
Cash ratio
49.8%
Fail vs 30%
Receivables + cash
63.4%
Fail vs 30%
Impermissible income
0.6%
Pass vs 5%

Calculation date: 2026-09-01. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-09-01S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Application) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Health In Tech, Inc. operates as an insurance technology platform company. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small and medium sized employers. It also provides health intelligence (HI) card to streamline the management of medical records and claims; and HI performance network, which offers a series of hospital facilities, as well as delivers medicare-based reimbursement pricing. Health In Tech, Inc. was founded in 2014 and is headquartered in Stuart, Florida.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 1.3%
/ 30%
49.8%
/ 30%
63.4%
/ 30%
0.63%
/ 5%
RATIOS FAIL*
FTSE 1.3%
/ 33%
49.8%
/ 33%
63.4%
/ 50%
0.63%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
69.5
Forward: 7.0
EPS
$0.02
P/B Ratio
3.5
EV/EBITDA
21.5
EV: $52M
Revenue
$19M
Growth: 53.1%
Current Ratio
3.1

Profitability

Gross Margin 62.8%
Operating Margin -2.3%
Net Margin 3.8%
Return on Equity (ROE) 8.4%
Return on Assets (ROA) 4.9%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$1M
Total Debt$206,692
Debt-to-Equity0.8
Current Ratio3.1
Total Assets$16M

Price & Trading

Last Close$1.61
50-Day MA$1.43
200-Day MA$1.94
Avg Volume379K
52-Week Range
$0.51
$4.02

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Health In Tech, Inc. (HIT)

CEO
Mr. Tim Johnson
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 83M
Currency
USD

Health In Tech, Inc. operates as an insurance technology platform company. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small and medium sized employers. It also provides health intelligence (HI) card to streamline the management of medical records and claims; and HI performance network, which offers a series of hospital facilities, as well as delivers medicare-based reimbursement pricing. Health In Tech, Inc. was founded in 2014 and is headquartered in Stuart, Florida.

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Frequently Asked Questions

Is Health In Tech, Inc. (HIT) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Health In Tech, Inc.'s debt ratio?

Health In Tech, Inc.'s debt ratio is 1.3% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Health In Tech, Inc.'s key financial metrics?

Health In Tech, Inc. has a market capitalization of USD 83M in its listing currency, trailing P/E ratio of 69.5, and revenue of $19M. The company maintains a gross margin of 62.8% and a net margin of 3.8%. Return on equity stands at 8.4%.

How often is the screening data updated?

Calculation date: 2026-09-01. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.