Is Hyperfine, Inc. (HYPR) Halal?

NASDAQ Healthcare United States $109M
✗ NOT HALAL
Confidence: 90/100
Hyperfine, Inc. (HYPR) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.3% is acceptable, the cash and interest-bearing securities ratio of 36.2% exceeds the 30% threshold. Hyperfine, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.3%
/ 30%
36.2%
/ 30%
8.0%
/ 30%
19.33%
/ 5%
✗ NOT HALAL
DJIM 0.3%
/ 33%
36.2%
/ 33%
8.0%
/ 33%
19.33%
/ 5%
✗ NOT HALAL
MSCI 0.5%
/ 33%
63.9%
/ 33%
14.1%
/ 33%
19.33%
/ 5%
✗ NOT HALAL
S&P 0.3%
/ 33%
36.2%
/ 33%
8.0%
/ 33%
19.33%
/ 5%
✗ NOT HALAL
FTSE 0.5%
/ 33%
63.9%
/ 33%
14.1%
/ 50%
19.33%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.43
P/B Ratio
2.6
EV/EBITDA
-2.1
EV: $74M
Revenue
$13M
Growth: 128.0%
Beta
1.1
Average volatility
Current Ratio
4.3

Profitability

Gross Margin 49.8%
Operating Margin -144.9%
Net Margin -262.3%
Return on Equity (ROE) -79.0%
Return on Assets (ROA) -40.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$39M
Free Cash Flow-$39M
Total Debt$269,000
Debt-to-Equity0.8
Current Ratio4.3
Total Assets$59M

Price & Trading

Last Close$1.12
50-Day MA$1.16
200-Day MA$1.14
Avg Volume512K
Beta1.1
52-Week Range
$0.53
$2.22

About Hyperfine, Inc. (HYPR)

CEO
Ms. Maria Degois-Sainz
Employees
102
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$109M
Currency
USD

Hyperfine, Inc., a health technology company, engages in the production, supply, service, and commercialization of magnetic resonance imaging (MRI) products. Its Swoop Portable MR Imaging System produces images at a lower magnetic field strength than conventional MRI scanners. The company also offers support and technical assistance services, as well as Hyperfine Image Viewer, a cloud picture archiving and communication system. It serves intensive care units, neurology offices, emergency departments, and comprehensive and primary stroke accredited facilities through direct sales and distributors in the United States, Canada, the United Kingdom, other European and Middle Eastern markets, Australia, and New Zealand. The company was founded in 2014 and is based in Guilford, Connecticut.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is Hyperfine, Inc. (HYPR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hyperfine, 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 Hyperfine, Inc.'s debt ratio?

Hyperfine, Inc.'s debt ratio is 0.3% 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 0.5%.

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

Hyperfine, Inc. has a market capitalization of $109M, and revenue of $13M. The company maintains a gross margin of 49.8% and a net margin of -262.3%. Return on equity stands at -79.0%.

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.