Is HALLADOR ENERGY CO (HNRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.2% / 30% | 0.8% / 30% | 1.7% / 30% | 54.74% / 5% | ✗ NOT HALAL |
| DJIM | 6.2% / 33% | 0.8% / 33% | 1.7% / 33% | 54.74% / 5% | ✗ NOT HALAL |
| MSCI | 15.5% / 33% | 2.0% / 33% | 4.2% / 33% | 54.74% / 5% | ✗ NOT HALAL |
| S&P | 6.2% / 33% | 0.8% / 33% | 1.7% / 33% | 54.74% / 5% | ✗ NOT HALAL |
| FTSE | 15.5% / 33% | 2.0% / 33% | 4.2% / 50% | 54.74% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.3% | |
| Operating Margin | 6.0% | |
| Net Margin | 8.9% | |
| Return on Equity (ROE) | 31.7% | |
| Return on Assets (ROA) | 9.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $81M |
| Free Cash Flow | $12M |
| Total Debt | $38M |
| Debt-to-Equity | 24.4 |
| Current Ratio | 0.8 |
| Total Assets | $408M |
Price & Trading
| Last Close | $18.38 |
| 50-Day MA | $18.60 |
| 200-Day MA | $18.52 |
| Avg Volume | 609K |
| Beta | 0.2 |
|
52-Week Range
$9.25
| |
About HALLADOR ENERGY CO (HNRG)
Hallador Energy Company, through its subsidiaries, operates as an independent power producer and fuel company in the United States. It operates in two segments, Electric Operations and Coal Operations. The company owns and operates the Meron power plant, a 1,080 megawatts coal-fired power generating station that consists of two steam turbine generators and sells accredited capacity to utilities and other energy market participants. It also sells wholesale energy to utilities, generation and transmission cooperatives, and other energy market participants. In addition, the company operates the Oaktown mining complex, a coal mining and processing operation located in Knox and Sullivan counties, Indiana, and Crawford and Lawrence counties, Illinois. Hallador Energy Company was founded in 1949 and is based in Terre Haute, Indiana.
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Frequently Asked Questions
Is HALLADOR ENERGY CO (HNRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HALLADOR ENERGY CO 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 HALLADOR ENERGY CO's debt ratio?
HALLADOR ENERGY CO's debt ratio is 6.2% 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 15.5%.
What are HALLADOR ENERGY CO's key financial metrics?
HALLADOR ENERGY CO has a market capitalization of $826M, trailing P/E ratio of 18.3, and revenue of $469M. The company maintains a gross margin of 27.3% and a net margin of 8.9%. Return on equity stands at 31.7%.
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.