Is LGL GROUP INC (LGL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 101.8% / 30% | 1.2% / 30% | 48.25% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 101.8% / 33% | 1.2% / 33% | 48.25% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 96.4% / 33% | 1.1% / 33% | 48.25% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 101.8% / 33% | 1.2% / 33% | 48.25% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 96.4% / 33% | 1.1% / 50% | 48.25% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.1% | |
| Operating Margin | 10.8% | |
| Net Margin | 22.3% | |
| Return on Equity (ROE) | 2.4% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $874,000 |
| Free Cash Flow | $874,000 |
| Current Ratio | 39.6 |
| Total Assets | $43M |
Price & Trading
| Last Close | $7.26 |
| 50-Day MA | $7.10 |
| 200-Day MA | $6.67 |
| Avg Volume | 13K |
| Beta | -0.1 |
|
52-Week Range
$5.45
| |
About LGL GROUP INC (LGL)
The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; network time protocol (NTP) servers; and redundancy auto switches. It also provides time and frequency instrumentation, including frequency standards, global positioning system, global navigation system frequency, time standards, and time code generators; and ancillary products. The company's products are used in computer networking, satellite ground stations, electric utilities, metrology, broadcasting, and telecommunication systems. In addition, it engages in the merchant investment activities. The company was formerly known as Lynch Corporation. The LGL Group, Inc. was founded in 1917 and is based in Orlando, Florida.
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Frequently Asked Questions
Is LGL GROUP INC (LGL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LGL GROUP 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 LGL GROUP INC's debt ratio?
LGL GROUP INC's debt ratio is 0.0% 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 0.0%.
What are LGL GROUP INC's key financial metrics?
LGL GROUP INC has a market capitalization of $40M, trailing P/E ratio of 42.3, and revenue of $4M. The company maintains a gross margin of 75.1% and a net margin of 22.3%. Return on equity stands at 2.4%.
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.