Is iTonic Holdings Ltd (ITOC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.9% / 30% | 72.4% / 30% | 3.6% / 30% | 5.18% / 5% | ✗ NOT HALAL |
| DJIM | 2.9% / 33% | 72.4% / 33% | 3.6% / 33% | 5.18% / 5% | ✗ NOT HALAL |
| MSCI | 3.7% / 33% | 91.6% / 33% | 4.6% / 33% | 5.18% / 5% | ✗ NOT HALAL |
| S&P | 2.9% / 33% | 72.4% / 33% | 3.6% / 33% | 5.18% / 5% | ✗ NOT HALAL |
| FTSE | 3.7% / 33% | 91.6% / 33% | 4.6% / 50% | 5.18% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 82.9% | |
| Operating Margin | -3081.9% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -101.6% | |
| Return on Assets (ROA) | -49.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$775,000 |
| Free Cash Flow | -$775,861 |
| Total Debt | $247,969 |
| Debt-to-Equity | 3.0 |
| Current Ratio | 11.7 |
| Total Assets | $7M |
Price & Trading
| Last Close | $0.39 |
| 50-Day MA | $0.41 |
| 200-Day MA | $3.77 |
| Avg Volume | 1.4M |
|
52-Week Range
$0.25
| |
About iTonic Holdings Ltd (ITOC)
iTonic Holdings Ltd., a healthcare solutions provider, develops and commercializes treatment software and devices used for brachytherapy. Its proprietary treatment planning system is a radioactive particle implantation, a radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. The company offers FTTPS, a treatment planning system for treating various malignant tumors, which could determine the target volume, prescription dose, and dose limitation to protect organs at risks and produce dose distribution plan for brachytherapy for cancer patients. The company was formerly known as Pheton Holdings Ltd and changed its name to iTonic Holdings Ltd. in January 2026. iTonic Holdings Ltd. was founded in 1998 and is headquartered in Beijing, China. iTonic Holdings Ltd. operates as a subsidiary of ZJW (BVI) LTD.
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Frequently Asked Questions
Is iTonic Holdings Ltd (ITOC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), iTonic Holdings Ltd 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 iTonic Holdings Ltd's debt ratio?
iTonic Holdings Ltd's debt ratio is 2.9% 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 3.7%.
What are iTonic Holdings Ltd's key financial metrics?
iTonic Holdings Ltd has a market capitalization of $10M, and revenue of $448,196. Return on equity stands at -101.6%.
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.