Is Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13444.1% / 30% | 660.5% / 30% | 4606.4% / 30% | 0.14% / 5% | ✗ NOT HALAL |
| DJIM | 13444.1% / 33% | 660.5% / 33% | 4606.4% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| MSCI | 12.4% / 33% | 0.6% / 33% | 4.2% / 33% | 0.14% / 5% | ✓ HALAL |
| S&P | 13444.1% / 33% | 660.5% / 33% | 4606.4% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| FTSE | 12.4% / 33% | 0.6% / 33% | 4.2% / 50% | 0.14% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.8% | |
| Operating Margin | 10.3% | |
| Net Margin | 2.8% | |
| Return on Equity (ROE) | 2.2% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $124.7B |
| Free Cash Flow | $51.0B |
| Total Debt | $174.1B |
| Debt-to-Equity | 28.3 |
| Current Ratio | 1.4 |
| Total Assets | $1.4T |
Price & Trading
| Last Close | $10.37 |
| 50-Day MA | $10.96 |
| 200-Day MA | $10.65 |
| Avg Volume | 350K |
| Beta | 0.7 |
|
52-Week Range
$7.04
| |
About Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA)
Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement, and Lime; Concrete; Rail services; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others. The company also provides rail transportation services; and treats and recycles industrial waste for use as fuel and raw material. It markets its products under the Loma Negra, San Martín, Plasticor, Cacique Plus, Cacique Max, Loma Negra Plus, and Lomax brands. The company was incorporated in 1926 and is based in Buenos Aires, Argentina. Loma Negra Compañía Industrial Argentina Sociedad Anónima operates as a subsidiary of Intercement Trading E Inversiones Argentina Sociedad Limitada.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Loma Negra Compania Industrial Argentina Sociedad Anonima 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 Loma Negra Compania Industrial Argentina Sociedad Anonima's debt ratio?
Loma Negra Compania Industrial Argentina Sociedad Anonima's debt ratio is 13444.1% 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 12.4%.
What are Loma Negra Compania Industrial Argentina Sociedad Anonima's key financial metrics?
Loma Negra Compania Industrial Argentina Sociedad Anonima has a market capitalization of $1.2B, trailing P/E ratio of 66.7, and revenue of $699.2B. The company maintains a gross margin of 21.8% and a net margin of 2.8%. Return on equity stands at 2.2%.
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.