Is Legible Inc. (LEBGF) Halal?

NYSE Communication Services Canada $126,991
✗ NOT HALAL
Confidence: 90/100
Legible Inc. (LEBGF) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 2655.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Legible Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2655.3%
/ 30%
30.5%
/ 30%
9.7%
/ 30%
758.1%
/ 5%
✗ NOT HALAL
DJIM 2655.3%
/ 33%
30.5%
/ 33%
9.7%
/ 33%
758.1%
/ 5%
✗ NOT HALAL
MSCI 4885.8%
/ 33%
56.2%
/ 33%
17.8%
/ 33%
758.1%
/ 5%
✗ NOT HALAL
S&P 2655.3%
/ 33%
30.5%
/ 33%
9.7%
/ 33%
758.1%
/ 5%
✗ NOT HALAL
FTSE 4885.8%
/ 33%
56.2%
/ 33%
17.8%
/ 50%
758.1%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.03
P/B Ratio
-0.0
EV/EBITDA
-1.1
EV: $3M
Revenue
$80,669
Growth: 100.6%
Beta
0.4
Low volatility
Current Ratio
0.0

Profitability

Gross Margin 31.0%
Operating Margin -2554.3%
Net Margin 0.0%
Return on Assets (ROA) -1952.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Total Debt$3M
Current Ratio0.0
Total Assets$69,015

Price & Trading

Last Close$0.00
50-Day MA$0.00
200-Day MA$0.00
Avg Volume0
Beta0.4
52-Week Range
$0.00
$0.03

About Legible Inc. (LEBGF)

CEO
Mr. Kaleeg Hainsworth
Employees
7
Sector
Communication Services
Industry
Publishing
Country
Canada
Exchange
NYSE
Market Cap
$126,991
Currency
USD

Legible Inc. operates as an eBook entertainment and media company. The company develops and distributes reading and publishing platform; and operates a browser-based bookstore for readers, publishers, and authors. It offers Legible Unbound, a platform for unlimited listening and reading; Living Cookbook, cookbooks by former supermodel, author, TV host, and celebrity chef; Living Books, media living books for audio, animation, augmented reality, and AI-interactive media; and an Android Automotive application. Legible Inc. was founded in 2007 is headquartered in Vancouver, Canada.

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Frequently Asked Questions

Is Legible Inc. (LEBGF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Legible Inc. 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 Legible Inc.'s debt ratio?

Legible Inc.'s debt ratio is 2655.3% 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 4885.8%.

What are Legible Inc.'s key financial metrics?

Legible Inc. has a market capitalization of $126,991, and revenue of $80,669.

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.