Is Karman Holdings Inc. (KRMN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.4% / 30% | 0.1% / 30% | 1.2% / 30% | 0.44% / 5% | ✓ HALAL |
| DJIM | 3.4% / 33% | 0.1% / 33% | 1.2% / 33% | 0.44% / 5% | ✓ HALAL |
| MSCI | 57.9% / 33% | 1.5% / 33% | 21.0% / 33% | 0.44% / 5% | ✗ NOT HALAL |
| S&P | 3.4% / 33% | 0.1% / 33% | 1.2% / 33% | 0.44% / 5% | ✓ HALAL |
| FTSE | 57.9% / 33% | 1.5% / 33% | 21.0% / 50% | 0.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.3% | |
| Operating Margin | 15.7% | |
| Net Margin | 3.7% | |
| Return on Equity (ROE) | 6.0% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $27M |
| Free Cash Flow | $11M |
| Total Debt | $448M |
| Debt-to-Equity | 153.5 |
| Current Ratio | 3.3 |
| Total Assets | $774M |
Price & Trading
| Last Close | $86.01 |
| 50-Day MA | $97.09 |
| 200-Day MA | $72.48 |
| Avg Volume | 2.1M |
|
52-Week Range
$25.02
| |
About Karman Holdings Inc. (KRMN)
Karman Holdings Inc., through its subsidiary, engages in designing, testing, manufacturing, and sale of mission-critical systems in the United States. The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. It serves its products to hypersonics and strategic missile defense, tactical missile and integrated defense systems, and space and launch markets. The company was incorporated in 2020 and is headquartered in Huntington Beach, California. Karman Holdings Inc. is a subsidiary of TCFIII Spaceco SPV LP.
Purification Calculator
As a halal stock with 0.44% impermissible income, you need to purify your dividends.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is Karman Holdings Inc. (KRMN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Karman Holdings Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Karman Holdings Inc.'s debt ratio?
Karman Holdings Inc.'s debt ratio is 3.4% 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 57.9%.
Does Karman Holdings Inc. require dividend purification?
Yes, Karman Holdings Inc. has an impermissible income ratio of 0.44%, which means 0.44% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Karman Holdings Inc.'s key financial metrics?
Karman Holdings Inc. has a market capitalization of $11.1B, trailing P/E ratio of 646.7, and revenue of $345M. The company maintains a gross margin of 40.3% and a net margin of 3.7%. Return on equity stands at 6.0%.
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.