Is HeartCore Enterprises, Inc. (HTCR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 60.3% / 30% | 105.7% / 30% | 33.4% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 60.3% / 33% | 105.7% / 33% | 33.4% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 27.1% / 33% | 47.4% / 33% | 15.0% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 60.3% / 33% | 105.7% / 33% | 33.4% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 27.1% / 33% | 47.4% / 33% | 15.0% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.1% | |
| Operating Margin | -0.4% | |
| Net Margin | -66.8% | |
| Return on Equity (ROE) | -163.5% | |
| Return on Assets (ROA) | -13.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $4M |
| Debt-to-Equity | 24.8 |
| Current Ratio | 1.4 |
| Total Assets | $14M |
Price & Trading
| Last Close | $0.24 |
| 50-Day MA | $0.26 |
| 200-Day MA | $0.53 |
| Avg Volume | 576K |
| Beta | 2.0 |
|
52-Week Range
$0.22
| |
About HeartCore Enterprises, Inc. (HTCR)
HeartCore Enterprises, Inc., a software development company, provides software as a service solutions to enterprise customers in Japan, the United States, and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations that enable companies to attract and engage customers throughout the customer experience. The company also operates a digital transformation business that provides customers with robotics process automation, process mining, and task mining to accelerate the digital transformation of enterprises. In addition, it offers education, services, and support solutions; Go IPO consulting services; and Robot Automation portal, a web portal that allows customers to monitor and manage automation with RPA over a TCP/IP network. The company serves customers in various industries, such as consumer and retail, energy, financial services, healthcare/pharmaceuticals, insurance, manufacturing, technology, telecommunications, and others. HeartCore Enterprises, Inc. was founded in 2009 and is headquartered in Tokyo, Japan.
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Frequently Asked Questions
Is HeartCore Enterprises, Inc. (HTCR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HeartCore Enterprises, 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 HeartCore Enterprises, Inc.'s debt ratio?
HeartCore Enterprises, Inc.'s debt ratio is 60.3% 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 27.1%.
What are HeartCore Enterprises, Inc.'s key financial metrics?
HeartCore Enterprises, Inc. has a market capitalization of $6M, and revenue of $30M. The company maintains a gross margin of 33.1% and a net margin of -66.8%. Return on equity stands at -163.5%.
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.