Is Laser Photonics Corp (LASE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.8% / 30% | 2.1% / 30% | 6.9% / 30% | 88.19% / 5% | ✗ NOT HALAL |
| DJIM | 19.8% / 33% | 2.1% / 33% | 6.9% / 33% | 88.19% / 5% | ✗ NOT HALAL |
| MSCI | 29.2% / 33% | 3.1% / 33% | 10.1% / 33% | 88.19% / 5% | ✗ NOT HALAL |
| S&P | 19.8% / 33% | 2.1% / 33% | 6.9% / 33% | 88.19% / 5% | ✗ NOT HALAL |
| FTSE | 29.2% / 33% | 3.1% / 33% | 10.1% / 50% | 88.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.2% | |
| Operating Margin | -350.0% | |
| Net Margin | -105.4% | |
| Return on Equity (ROE) | -109.1% | |
| Return on Assets (ROA) | -36.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$9M |
| Total Debt | $5M |
| Debt-to-Equity | 215.2 |
| Current Ratio | 0.7 |
| Total Assets | $17M |
Price & Trading
| Last Close | $0.99 |
| 50-Day MA | $1.21 |
| 200-Day MA | $2.65 |
| Avg Volume | 1.8M |
| Beta | 3.6 |
|
52-Week Range
$0.38
| |
About Laser Photonics Corp (LASE)
Laser Photonics Corporation operates as a vertically integrated manufacturing company for photonics-based industrial products and solutions, comprising laser cleaning technologies. It offers laser cleaning systems, such as finishing lasers, conditioning lasers, roughening lasers, custom-built industrial laser systems, and continuous and pulsed wave laser cleaning machines; laser cutting systems, including fiber and CO2 laser cutting; and laser welding system comprising handheld laser welder, robot-operated laser welder, enclosed robotic workcell, and custom-built industrial laser systems. The company also provides laser marking systems, which include handheld systems for marking on-the-go and industrial laser systems; and laser engraving solutions. Its products are used in aviation, automotive, nuclear, maritime, defense, space, semiconductors, energy, and battery manufacturing industries. Laser Photonics Corporation was incorporated in 2019 and is based in Orlando, Florida.
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Frequently Asked Questions
Is Laser Photonics Corp (LASE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Laser Photonics Corp 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 Laser Photonics Corp's debt ratio?
Laser Photonics Corp's debt ratio is 19.8% 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 29.2%.
What are Laser Photonics Corp's key financial metrics?
Laser Photonics Corp has a market capitalization of $22M, and revenue of $3M. The company maintains a gross margin of 35.2% and a net margin of -105.4%. Return on equity stands at -109.1%.
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.