Is Limoneira CO (LMNR) Halal?

NASDAQ Consumer Defensive United States $247M
✓ HALAL
Confidence: 95/100
Limoneira CO (LMNR) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 28.9% against the AAOIFI threshold of 30%, Limoneira CO comfortably passes the key financial ratio tests. The company operates in the Consumer Defensive sector (Farm Products), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from October 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 28.9%
/ 30%
0.6%
/ 30%
8.0%
/ 30%
0.04%
/ 5%
✓ HALAL
DJIM 28.9%
/ 33%
0.6%
/ 33%
8.0%
/ 33%
0.04%
/ 5%
✓ HALAL
MSCI 23.6%
/ 33%
0.5%
/ 33%
6.5%
/ 33%
0.04%
/ 5%
✓ HALAL
S&P 28.9%
/ 33%
0.6%
/ 33%
8.0%
/ 33%
0.04%
/ 5%
✓ HALAL
FTSE 23.6%
/ 33%
0.5%
/ 33%
6.5%
/ 50%
0.04%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.28
Dividend Yield
221.0%
Payout: 69.8%
P/B Ratio
1.6
EV/EBITDA
-20.5
EV: $367M
Revenue
$160M
Growth: -46.9%
Beta
0.4
Low volatility
Current Ratio
1.2

Profitability

Gross Margin -3.2%
Operating Margin -57.6%
Net Margin -15.6%
Return on Equity (ROE) -12.0%
Return on Assets (ROA) -5.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$20M
Total Debt$73M
Debt-to-Equity50.9
Current Ratio1.2
Total Assets$311M

Price & Trading

Last Close$13.60
50-Day MA$14.02
200-Day MA$14.57
Avg Volume80K
Beta0.4
52-Week Range
$12.20
$18.22

About Limoneira CO (LMNR)

CEO
Mr. Harold S. Edwards
Employees
191
Sector
Consumer Defensive
Industry
Farm Products
Country
United States
Exchange
NASDAQ
Market Cap
$247M
Currency
USD

Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. It produces, processes, harvests, and packs oranges, specialty citrus, and wine grapes. The company also rents residential housing units and commercial office buildings, as well as leases land to third-party agricultural tenants. In addition, it is involved in the organic recycling operations; provision of farm management services; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packing houses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

Purification Calculator

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Frequently Asked Questions

Is Limoneira CO (LMNR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Limoneira CO 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 Limoneira CO's debt ratio?

Limoneira CO's debt ratio is 28.9% 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 23.6%.

Does Limoneira CO require dividend purification?

Yes, Limoneira CO has an impermissible income ratio of 0.04%, which means 0.04% 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 Limoneira CO's key financial metrics?

Limoneira CO has a market capitalization of $247M, and revenue of $160M. The company maintains a gross margin of -3.2% and a net margin of -15.6%. Return on equity stands at -12.0%.

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.