Is Kornit Digital Ltd. (KRNT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 69.4% / 30% | 9.8% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 2.7% / 33% | 69.4% / 33% | 9.8% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 2.3% / 33% | 58.9% / 33% | 8.3% / 33% | N/A | ✗ NOT HALAL |
| S&P | 2.7% / 33% | 69.4% / 33% | 9.8% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 2.3% / 33% | 58.9% / 33% | 8.3% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.8% | |
| Operating Margin | -5.0% | |
| Net Margin | -6.5% | |
| Return on Equity (ROE) | -1.9% | |
| Return on Assets (ROA) | -2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $49M |
| Free Cash Flow | $34M |
| Total Debt | $18M |
| Debt-to-Equity | 2.6 |
| Current Ratio | 14.2 |
| Total Assets | $787M |
Price & Trading
| Last Close | $15.06 |
| 50-Day MA | $14.62 |
| 200-Day MA | $15.42 |
| Avg Volume | 360K |
| Beta | 1.8 |
|
52-Week Range
$11.93
| |
About Kornit Digital Ltd. (KRNT)
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services. The company also offers direct-to-garment printing platform for smaller industrial operators to mass producers; direct-to-fabric printing; NeoPigment ink and other consumables; QuickP production software embedded; and system upgrade kits, maintenance and support, consulting, and professional services. In addition, it provides Apollo, a digital mass production platform; K-RIP, Raster Image Processor (RIP) solution that is integrated into the Apollo which enables to print spot colors and specific Pantones; Rapid Size Shifter (RSS) Pallet, a single adjustable pallet for multiple applications and product sizes; and Atlas MAX Plus system which uses the company's Atlas MAX platform to increase productivity of up to 150 garments per hour. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh Haayin, Israel.
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Frequently Asked Questions
Is Kornit Digital Ltd. (KRNT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Kornit Digital 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 Kornit Digital Ltd.'s debt ratio?
Kornit Digital Ltd.'s debt ratio is 2.7% 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 2.3%.
What are Kornit Digital Ltd.'s key financial metrics?
Kornit Digital Ltd. has a market capitalization of $674M. The company maintains a gross margin of 44.8% and a net margin of -6.5%. Return on equity stands at -1.9%.
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.