Is Heartflow, Inc. (HTFL) Halal?

NASDAQ Healthcare United States $2.1B
✓ HALAL
Confidence: 95/100
Heartflow, Inc. (HTFL) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 8.2% against the AAOIFI threshold of 30%, Heartflow, Inc. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Health Information Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.2%
/ 30%
2.6%
/ 30%
1.3%
/ 30%
3.23%
/ 5%
✓ HALAL
DJIM 8.2%
/ 33%
2.6%
/ 33%
1.3%
/ 33%
3.23%
/ 5%
✓ HALAL
MSCI 135.1%
/ 33%
43.3%
/ 33%
20.8%
/ 33%
3.23%
/ 5%
✗ NOT HALAL
S&P 8.2%
/ 33%
2.6%
/ 33%
1.3%
/ 33%
3.23%
/ 5%
✓ HALAL
FTSE 135.1%
/ 33%
43.3%
/ 33%
20.8%
/ 50%
3.23%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-3.17
P/B Ratio
7.0
EV/EBITDA
-31.3
EV: $2.0B
Revenue
$126M
Growth: 40.5%
Current Ratio
5.2

Profitability

Gross Margin 76.8%
Operating Margin -36.1%
Net Margin -66.3%
Return on Equity (ROE) -111.4%
Return on Assets (ROA) -16.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$69M
Free Cash Flow-$73M
Total Debt$160M
Debt-to-Equity7.3
Current Ratio5.2
Total Assets$119M

Price & Trading

Last Close$25.88
50-Day MA$26.39
200-Day MA$30.37
Avg Volume1.4M
52-Week Range
$20.13
$41.22

About Heartflow, Inc. (HTFL)

CEO
Mr. John C.M. Farquhar
Employees
843
Sector
Healthcare
Industry
Health Information Services
Country
United States
Exchange
NASDAQ
Market Cap
$2.1B
Currency
USD

HeartFlow, Inc., a medical technology company, provides non-invasive solutions for diagnosing and managing coronary artery diseases the United States and worldwide. Its HeartFlow Platform uses AI and computational fluid dynamics to creates a personalized 3D model of a patient's heart from a single coronary computed tomography angiography, a specialized type of scan that provides detailed images of the heart's arteries. The company provides Heartflow RoadMap Analysis that offers an intuitive anatomic visualization of the coronary arteries; Heartflow FFRCT Analysis, which calculates blood flow and pinpoints clinically; and Heartflow Plaque Analysis that provides a comprehensive assessment of coronary plaque, enabling optimized medical treatment strategies. Its platform provides insights on blood flow, stenosis, and plaque volume and composition by overcoming the limitations of traditional non-invasive imaging tests. HeartFlow, Inc. was formerly known as Cardiovascular Simulation, Inc. and changed its name to HeartFlow, Inc. in May 2009. The company was incorporated in 2007 and is headquartered in Mountain View, California.

Purification Calculator

As a halal stock with 3.23% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Heartflow, Inc. (HTFL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Heartflow, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Heartflow, Inc.'s debt ratio?

Heartflow, Inc.'s debt ratio is 8.2% 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 135.1%.

Does Heartflow, Inc. require dividend purification?

Yes, Heartflow, Inc. has an impermissible income ratio of 3.23%, which means 3.23% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Heartflow, Inc.'s key financial metrics?

Heartflow, Inc. has a market capitalization of $2.1B, and revenue of $126M. The company maintains a gross margin of 76.8% and a net margin of -66.3%. Return on equity stands at -111.4%.

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.