Is IMMERSION CORP (IMMR) Halal?

NASDAQ Technology United States $183M
✗ NOT HALAL
Confidence: 90/100
IMMERSION CORP (IMMR) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.0% is acceptable, the cash and interest-bearing securities ratio of 80.2% exceeds the 30% threshold. IMMERSION CORP operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from April 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
80.2%
/ 30%
5.0%
/ 30%
0.06%
/ 5%
✗ NOT HALAL
DJIM 0.0%
/ 33%
80.2%
/ 33%
5.0%
/ 33%
0.06%
/ 5%
✗ NOT HALAL
MSCI 0.0%
/ 33%
74.3%
/ 33%
4.6%
/ 33%
0.06%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
80.2%
/ 33%
5.0%
/ 33%
0.06%
/ 5%
✗ NOT HALAL
FTSE 0.0%
/ 33%
74.3%
/ 33%
4.6%
/ 50%
0.06%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
2.9
Forward: 10.1
EPS
$1.90
Dividend Yield
542.0%
Payout: 7.1%
P/B Ratio
0.6
EV/EBITDA
5.2
EV: $618M
Revenue
$1.6B
Growth: 59.2%
Beta
0.9
Average volatility
Current Ratio
2.2

Profitability

Gross Margin 25.0%
Operating Margin -8.0%
Net Margin 2.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$58M
Free Cash Flow-$69M
Total Debt$273M
Debt-to-Equity64.5
Current Ratio2.2
Total Assets$1.1B

Price & Trading

Last Close$5.93
50-Day MA$6.31
200-Day MA$6.86
Avg Volume357K
Beta0.9
52-Week Range
$5.54
$8.15

About IMMERSION CORP (IMMR)

CEO
Mr. Eric Brandon Singer
Employees
2,360
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$183M
Currency
USD

Immersion Corporation, together with its subsidiaries, engages in the business of intellectual property (IP) that engages users' sense of touch when operating digital devices in North America, Europe, and Asia. The company offers software, related tools and technical assistance related to integrating its patented technology; educational content and general merchandise, and digital and physical textbooks through its bookstore locations, including virtual bookstores, and bookstore-affiliated e-commerce websites; and marketing services, including promotional activities and advertisements, as well as operates as a textbook wholesaler, and bookstore management hardware and software provider. It serves various markets, such as mobile devices, wearables, consumer, mobile entertainment, and other content; console gaming; automotive; medical; and commercial. The company was incorporated in 1993 and is headquartered in Aventura, Florida.

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Frequently Asked Questions

Is IMMERSION CORP (IMMR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IMMERSION 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 IMMERSION CORP's debt ratio?

IMMERSION CORP's debt ratio is 0.0% 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 0.0%.

What are IMMERSION CORP's key financial metrics?

IMMERSION CORP has a market capitalization of $183M, trailing P/E ratio of 2.9, and revenue of $1.6B. The company maintains a gross margin of 25.0% and a net margin of 2.2%.

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.