Is LIGHTPATH TECHNOLOGIES INC (LPTH) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.4% / 30% | 0.8% / 30% | 1.5% / 30% | 9.55% / 5% | ✗ NOT HALAL |
| DJIM | 2.4% / 33% | 0.8% / 33% | 1.5% / 33% | 9.55% / 5% | ✗ NOT HALAL |
| MSCI | 18.6% / 33% | 6.0% / 33% | 11.6% / 33% | 9.55% / 5% | ✗ NOT HALAL |
| S&P | 2.4% / 33% | 0.8% / 33% | 1.5% / 33% | 9.55% / 5% | ✗ NOT HALAL |
| FTSE | 18.6% / 33% | 6.0% / 33% | 11.6% / 50% | 9.55% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.0% | |
| Operating Margin | -6.4% | |
| Net Margin | -43.5% | |
| Return on Equity (ROE) | -33.0% | |
| Return on Assets (ROA) | -4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$10M |
| Total Debt | $15M |
| Debt-to-Equity | 9.2 |
| Current Ratio | 4.0 |
| Total Assets | $82M |
Price & Trading
| Last Close | $10.99 |
| 50-Day MA | $11.43 |
| 200-Day MA | $7.62 |
| Avg Volume | 2.9M |
| Beta | 1.1 |
|
52-Week Range
$1.61
| |
About LIGHTPATH TECHNOLOGIES INC (LPTH)
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company's products are used in defense products, border security, perimeter security, night vision systems, medical devices, laser aided industrial tools, automotive safety applications, telecommunications, machine vision and sensors, and other sectors. It sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
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Frequently Asked Questions
Is LIGHTPATH TECHNOLOGIES INC (LPTH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LIGHTPATH TECHNOLOGIES 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 LIGHTPATH TECHNOLOGIES INC's debt ratio?
LIGHTPATH TECHNOLOGIES INC's debt ratio is 2.4% 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 18.6%.
What are LIGHTPATH TECHNOLOGIES INC's key financial metrics?
LIGHTPATH TECHNOLOGIES INC has a market capitalization of $548M, and revenue of $37M. The company maintains a gross margin of 30.0% and a net margin of -43.5%. Return on equity stands at -33.0%.
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.