Is KULR Technology Group, Inc. (KULR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.4% / 30% | 23.2% / 30% | 2.1% / 30% | 0.1% / 5% | ✓ HALAL |
| DJIM | 1.4% / 33% | 23.2% / 33% | 2.1% / 33% | 0.1% / 5% | ✓ HALAL |
| MSCI | 2.9% / 33% | 47.4% / 33% | 4.3% / 33% | 0.1% / 5% | ✗ NOT HALAL |
| S&P | 1.4% / 33% | 23.2% / 33% | 2.1% / 33% | 0.1% / 5% | ✓ HALAL |
| FTSE | 2.9% / 33% | 47.4% / 33% | 4.3% / 50% | 0.1% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 11.1% | |
| Operating Margin | -153.5% | |
| Net Margin | -133.5% | |
| Return on Equity (ROE) | -29.1% | |
| Return on Assets (ROA) | -23.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$17M |
| Free Cash Flow | -$18M |
| Total Debt | $2M |
| Debt-to-Equity | 3.6 |
| Current Ratio | 4.1 |
| Total Assets | $63M |
Price & Trading
| Last Close | $2.44 |
| 50-Day MA | $3.07 |
| 200-Day MA | $4.27 |
| Avg Volume | 1.8M |
| Beta | 2.0 |
|
52-Week Range
$2.15
| |
About KULR Technology Group, Inc. (KULR)
KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; safeCASE; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes, as well as AI-powered robotic exoskeletons for U.S. Workforce. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. KULR Technology Group, Inc. has a strategic collaboration with Robinson Helicopter Company, Inc. to develop battery system for an eR66 battery-electric helicopter demonstrator. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. The company was founded in 2013 and is headquartered in Webster, Texas.
Purification Calculator
As a halal stock with 0.10% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is KULR Technology Group, Inc. (KULR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), KULR Technology Group, 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 KULR Technology Group, Inc.'s debt ratio?
KULR Technology Group, Inc.'s debt ratio is 1.4% 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 2.9%.
Does KULR Technology Group, Inc. require dividend purification?
Yes, KULR Technology Group, Inc. has an impermissible income ratio of 0.10%, which means 0.10% 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 KULR Technology Group, Inc.'s key financial metrics?
KULR Technology Group, Inc. has a market capitalization of $102M, and revenue of $11M. The company maintains a gross margin of 11.1% and a net margin of -133.5%. Return on equity stands at -29.1%.
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.