908 Devices Inc. (MASS) Financial Ratio Screen

NASDAQ Healthcare United States USD 216M
RATIOS FAIL*
Automated financial screen · activity assessed separately
908 Devices Inc. (MASS) is potentially non-compliant in the automated ratio model. While the debt ratio of 2.4% is acceptable, the cash and interest-bearing securities ratio of 59.4% exceeds the 30% threshold. 908 Devices Inc. operates in the Healthcare sector.

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MSCI new-inclusion financial-ratio snapshot

MASS financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
2.4%
Pass vs 30%
Cash ratio
59.4%
Fail vs 30%
Receivables + cash
65.4%
Fail vs 30%
Impermissible income
7.4%
Fail vs 5%

Calculation date: 2026-09-01. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-09-01S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Medical Devices) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 908 Devices Inc. provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. The company's products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; XplorIR, a handheld device that uses FTIR spectroscopy to identify, quantify, and track gases and vapors; ThreatID, a portable FTIR device that rapidly detects and identifies approximately 28,000 unknown gas, vapor, powder, and liquid chemical hazards; ProtectIR, a handheld FTIR device that can identify approximately 23,000 solid and liquid chemical hazards; and VipIR, a handheld 3-in-1 analyzer that integrates FTIR, Raman spectroscopy, and smart spectral processing (SSP), a proprietary algorithm, to provide a single result from just one sample. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas. The company was incorporated in 2012 and is headquartered in Burlington, Massachusetts.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 2.4%
/ 30%
59.4%
/ 30%
65.4%
/ 30%
7.36%
/ 5%
RATIOS FAIL*
FTSE 2.4%
/ 33%
59.4%
/ 33%
65.4%
/ 50%
7.36%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.93
P/B Ratio
1.5
EV/EBITDA
-5.2
EV: $108M
Revenue
$56M
Growth: -7.7%
Beta
0.5
Low volatility
Current Ratio
4.2

Profitability

Gross Margin 51.1%
Operating Margin -17.3%
Net Margin 34.7%
Return on Equity (ROE) -25.8%
Return on Assets (ROA) -9.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$24M
Free Cash Flow-$25M
Total Debt$5M
Debt-to-Equity3.2
Current Ratio4.2
Total Assets$190M

Price & Trading

Last Close$6.14
50-Day MA$6.43
200-Day MA$6.67
Avg Volume325K
Beta0.5
52-Week Range
$3.55
$9.34

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About 908 Devices Inc. (MASS)

CEO
Dr. Kevin J. Knopp Ph.D.
Employees
172
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 216M
Currency
USD

908 Devices Inc. provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. The company's products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; XplorIR, a handheld device that uses FTIR spectroscopy to identify, quantify, and track gases and vapors; ThreatID, a portable FTIR device that rapidly detects and identifies approximately 28,000 unknown gas, vapor, powder, and liquid chemical hazards; ProtectIR, a handheld FTIR device that can identify approximately 23,000 solid and liquid chemical hazards; and VipIR, a handheld 3-in-1 analyzer that integrates FTIR, Raman spectroscopy, and smart spectral processing (SSP), a proprietary algorithm, to provide a single result from just one sample. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas. The company was incorporated in 2012 and is headquartered in Burlington, Massachusetts.

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Frequently Asked Questions

Is 908 Devices Inc. (MASS) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is 908 Devices Inc.'s debt ratio?

908 Devices Inc.'s debt ratio is 2.4% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are 908 Devices Inc.'s key financial metrics?

908 Devices Inc. has a market capitalization of USD 216M in its listing currency, and revenue of $56M. The company maintains a gross margin of 51.1% and a net margin of 34.7%. Return on equity stands at -25.8%.

How often is the screening data updated?

Calculation date: 2026-09-01. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.