Is Ideal Power Inc. (IPWR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.2% / 30% | 39.1% / 30% | 0.0% / 30% | 759.44% / 5% | ✗ NOT HALAL |
| DJIM | 1.2% / 33% | 39.1% / 33% | 0.0% / 33% | 759.44% / 5% | ✗ NOT HALAL |
| MSCI | 2.5% / 33% | 79.9% / 33% | 0.0% / 33% | 759.44% / 5% | ✗ NOT HALAL |
| S&P | 1.2% / 33% | 39.1% / 33% | 0.0% / 33% | 759.44% / 5% | ✗ NOT HALAL |
| FTSE | 2.5% / 33% | 79.9% / 33% | 0.0% / 50% | 759.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -60.1% | |
| Operating Margin | -28979.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -82.2% | |
| Return on Assets (ROA) | -45.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$9M |
| Total Debt | $486,016 |
| Debt-to-Equity | 5.1 |
| Current Ratio | 6.7 |
| Total Assets | $20M |
Price & Trading
| Last Close | $3.11 |
| 50-Day MA | $3.58 |
| 200-Day MA | $4.40 |
| Avg Volume | 101K |
| Beta | 1.1 |
|
52-Week Range
$2.62
| |
About Ideal Power Inc. (IPWR)
Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. The company was incorporated in 2007 and is headquartered in Austin, Texas.
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Frequently Asked Questions
Is Ideal Power Inc. (IPWR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ideal Power 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 Ideal Power Inc.'s debt ratio?
Ideal Power Inc.'s debt ratio is 1.2% 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 2.5%.
What are Ideal Power Inc.'s key financial metrics?
Ideal Power Inc. has a market capitalization of $35M. Return on equity stands at -82.2%.
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.