Is LEAD REAL ESTATE CO., LTD (LRE) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 61152.6% / 30% | 6859.3% / 30% | 1367.8% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 61152.6% / 33% | 6859.3% / 33% | 1367.8% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 67.4% / 33% | 7.6% / 33% | 1.5% / 33% | N/A | ✗ NOT HALAL |
| S&P | 61152.6% / 33% | 6859.3% / 33% | 1367.8% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 67.4% / 33% | 7.6% / 33% | 1.5% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.8% | |
| Operating Margin | 15.0% | |
| Net Margin | 4.5% | |
| Return on Equity (ROE) | 18.3% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.6B |
| Free Cash Flow | -$656M |
| Total Debt | $11.6B |
| Debt-to-Equity | 258.6 |
| Current Ratio | 1.3 |
| Total Assets | $17.2B |
Price & Trading
| Last Close | $1.41 |
| 50-Day MA | $1.37 |
| 200-Day MA | $1.52 |
| Avg Volume | 53K |
| Beta | 1.8 |
|
52-Week Range
$1.00
| |
About LEAD REAL ESTATE CO., LTD (LRE)
Lead Real Estate Co., Ltd together with its subsidiaries, develops and sells luxury residential properties in Japan. The company develops single-family homes and condominiums. It also operates hotels in Tokyo and leases apartment building units to individuals in Japan and Dallas, Texas. In addition, the company engages in master lease business which includes fixed term building lease agreements between owners of extended-stay type hotels and the Company. Lead Real Estate Co., Ltd was founded in 2001 and is headquartered in Tokyo, Japan.
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Frequently Asked Questions
Is LEAD REAL ESTATE CO., LTD (LRE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LEAD REAL ESTATE CO., LTD 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 LEAD REAL ESTATE CO., LTD's debt ratio?
LEAD REAL ESTATE CO., LTD's debt ratio is 61152.6% 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 67.4%.
What are LEAD REAL ESTATE CO., LTD's key financial metrics?
LEAD REAL ESTATE CO., LTD has a market capitalization of $18M, trailing P/E ratio of 3.3. The company maintains a gross margin of 19.8% and a net margin of 4.5%. Return on equity stands at 18.3%.
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.