Is HOOKER FURNISHINGS Corp (HOFT) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 48.6% / 30% | 4.4% / 30% | 40.6% / 30% | 0.03% / 5% | ✗ NOT HALAL |
| DJIM | 48.6% / 33% | 4.4% / 33% | 40.6% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| MSCI | 22.4% / 33% | 2.0% / 33% | 18.7% / 33% | 0.03% / 5% | ✓ HALAL |
| S&P | 48.6% / 33% | 4.4% / 33% | 40.6% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| FTSE | 22.4% / 33% | 2.0% / 33% | 18.7% / 50% | 0.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.9% | |
| Operating Margin | -0.2% | |
| Net Margin | -7.9% | |
| Return on Equity (ROE) | -10.7% | |
| Return on Assets (ROA) | -1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$23M |
| Free Cash Flow | -$26M |
| Total Debt | $70M |
| Debt-to-Equity | 17.7 |
| Current Ratio | 2.7 |
| Total Assets | $314M |
Price & Trading
| Last Close | $11.85 |
| 50-Day MA | $13.43 |
| 200-Day MA | $11.13 |
| Avg Volume | 37K |
| Beta | 1.4 |
|
52-Week Range
$7.34
| |
About HOOKER FURNISHINGS Corp (HOFT)
Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture products. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand. Its Home Meridian segment provides a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; chairs, sofas, sectionals, recliners, and various accent upholstery pieces under the HF Custom brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. This segment also designs and manufactures outdoor furniture under the Sunset West brand. It supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and lighting, accessories, and home décor products under the BOBO Intriguing Objects brand. The company sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, and e-commerce retailers primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is HOOKER FURNISHINGS Corp (HOFT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HOOKER FURNISHINGS Corp 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 HOOKER FURNISHINGS Corp's debt ratio?
HOOKER FURNISHINGS Corp's debt ratio is 48.6% 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 22.4%.
What are HOOKER FURNISHINGS Corp's key financial metrics?
HOOKER FURNISHINGS Corp has a market capitalization of $132M, and revenue of $397M. The company maintains a gross margin of 22.9% and a net margin of -7.9%. Return on equity stands at -10.7%.
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.