Is HYDROFARM HOLDINGS GROUP, INC. (HYFM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3394.8% / 30% | 522.9% / 30% | 295.5% / 30% | 5.23% / 5% | ✗ NOT HALAL |
| DJIM | 3394.8% / 33% | 522.9% / 33% | 295.5% / 33% | 5.23% / 5% | ✗ NOT HALAL |
| MSCI | 39.8% / 33% | 6.1% / 33% | 3.5% / 33% | 5.23% / 5% | ✗ NOT HALAL |
| S&P | 3394.8% / 33% | 522.9% / 33% | 295.5% / 33% | 5.23% / 5% | ✗ NOT HALAL |
| FTSE | 39.8% / 33% | 6.1% / 33% | 3.5% / 50% | 5.23% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 13.2% | |
| Operating Margin | -41.1% | |
| Net Margin | -44.5% | |
| Return on Equity (ROE) | -30.9% | |
| Return on Assets (ROA) | -7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$324,000 |
| Free Cash Flow | -$3M |
| Total Debt | $170M |
| Debt-to-Equity | 90.8 |
| Current Ratio | 2.1 |
| Total Assets | $426M |
Price & Trading
| Last Close | $1.06 |
| 50-Day MA | $1.35 |
| 200-Day MA | $2.64 |
| Avg Volume | 40K |
| Beta | 2.5 |
|
52-Week Range
$0.86
| |
About HYDROFARM HOLDINGS GROUP, INC. (HYFM)
Hydrofarm Holdings Group, Inc., together with its subsidiaries, manufactures and distributes hydroponics equipment and supplies for controlled environment agriculture (CEA) in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment. It is also involved in the distribution of CEA equipment and supplies comprising nutrients and fertilizers; grow light systems; horticulture benches and racking systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; and various grow media made from soil, peat, rock wool or coconut fiber, and others. The company offers its products to specialty hydroponic retailers, commercial resellers and greenhouse builders, garden centers, hardware stores, and e-commerce retailers under the Active Air, Active Aqua, Aurora Peat Products, HEAVY 16, House & Garden, Gaia Green Organics, Grotek, Innovative Growers Equipment, Mad Farmer, Phantom, PHOTOBIO, Procision, Roots Organics, Growtainer, and SunBlaster brands. It serves its products through a range of commercial and home gardening equipment and supplies retailers. The company was founded in 1977 and is based in Shoemakersville, Pennsylvania.
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Frequently Asked Questions
Is HYDROFARM HOLDINGS GROUP, INC. (HYFM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HYDROFARM HOLDINGS GROUP, 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 HYDROFARM HOLDINGS GROUP, INC.'s debt ratio?
HYDROFARM HOLDINGS GROUP, INC.'s debt ratio is 3394.8% 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 39.8%.
What are HYDROFARM HOLDINGS GROUP, INC.'s key financial metrics?
HYDROFARM HOLDINGS GROUP, INC. has a market capitalization of $5M, and revenue of $190M. The company maintains a gross margin of 13.2% and a net margin of -44.5%. Return on equity stands at -30.9%.
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.