Is Inogen Inc (INGN) Halal?

NASDAQ Healthcare United States $169M
✗ NOT HALAL
Confidence: 90/100
Inogen Inc (INGN) is Not Halal under AAOIFI Standard 21. While the debt ratio of 9.9% is acceptable, the cash and interest-bearing securities ratio of 67.9% exceeds the 30% threshold. Inogen Inc operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 9.9%
/ 30%
67.9%
/ 30%
22.1%
/ 30%
1.26%
/ 5%
✗ NOT HALAL
DJIM 9.9%
/ 33%
67.9%
/ 33%
22.1%
/ 33%
1.26%
/ 5%
✗ NOT HALAL
MSCI 5.9%
/ 33%
40.0%
/ 33%
13.0%
/ 33%
1.26%
/ 5%
✗ NOT HALAL
S&P 9.9%
/ 33%
67.9%
/ 33%
22.1%
/ 33%
1.26%
/ 5%
✗ NOT HALAL
FTSE 5.9%
/ 33%
40.0%
/ 33%
13.0%
/ 50%
1.26%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.86
P/B Ratio
0.9
EV/EBITDA
-7.0
EV: $66M
Revenue
$349M
Growth: 2.0%
Beta
1.8
High volatility
Current Ratio
3.1

Profitability

Gross Margin 44.2%
Operating Margin -12.2%
Net Margin -6.5%
Return on Equity (ROE) -12.4%
Return on Assets (ROA) -6.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$11M
Free Cash Flow-$22M
Total Debt$17M
Debt-to-Equity9.1
Current Ratio3.1
Total Assets$299M

Price & Trading

Last Close$6.50
50-Day MA$6.07
200-Day MA$7.05
Avg Volume269K
Beta1.8
52-Week Range
$5.34
$9.13

About Inogen Inc (INGN)

CEO
Mr. Kevin R. M. Smith
Employees
753
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$169M
Currency
USD

Inogen, Inc., a medical technology company, develops, manufactures, and markets respiratory health products in the United States and internationally. The company offers portable oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. It provides Inogen One and Inogen Rove, an ambulatory solution for long-term oxygen therapy; Rove 4, a portable oxygen concentrator; Rove 6 concentrator; Inogen Voxi 5, a stationary oxygen concentrator; Aurora for continuous positive airway pressure; CPAP masks; Simeox for airway clearance treatment; and related accessories. It also rents its products directly to patients. Inogen, Inc. was incorporated in 2001 and is headquartered in Beverly, Massachusetts.

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Frequently Asked Questions

Is Inogen Inc (INGN) halal to invest in?

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

Inogen Inc's debt ratio is 9.9% 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 5.9%.

What are Inogen Inc's key financial metrics?

Inogen Inc has a market capitalization of $169M, and revenue of $349M. The company maintains a gross margin of 44.2% and a net margin of -6.5%. Return on equity stands at -12.4%.

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.