Is MILESTONE SCIENTIFIC INC. (MLSS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.6% / 30% | 14.8% / 30% | 2.2% / 30% | 22.98% / 5% | ✗ NOT HALAL |
| DJIM | 1.6% / 33% | 14.8% / 33% | 2.2% / 33% | 22.98% / 5% | ✗ NOT HALAL |
| MSCI | 3.6% / 33% | 33.3% / 33% | 4.9% / 33% | 22.98% / 5% | ✗ NOT HALAL |
| S&P | 1.6% / 33% | 14.8% / 33% | 2.2% / 33% | 22.98% / 5% | ✗ NOT HALAL |
| FTSE | 3.6% / 33% | 33.3% / 33% | 4.9% / 50% | 22.98% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 71.9% | |
| Operating Margin | -48.1% | |
| Net Margin | -74.7% | |
| Return on Equity (ROE) | -136.5% | |
| Return on Assets (ROA) | -42.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $349,054 |
| Debt-to-Equity | 41.3 |
| Current Ratio | 1.6 |
| Total Assets | $10M |
Price & Trading
| Last Close | $0.28 |
| 50-Day MA | $0.28 |
| 200-Day MA | $0.44 |
| Avg Volume | 280K |
| Beta | 0.9 |
|
52-Week Range
$0.22
| |
About MILESTONE SCIENTIFIC INC. (MLSS)
Milestone Scientific Inc., a biomedical technology company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical and dental use in the United States, China, and internationally. It operates through Dental and Medical segments. The company provides the Wand, a single use disposable handpiece device for dental procedures that require local anesthetic under the CompuDent and STA Single Tooth Anesthesia System names. It also offers CompuFlo, a computer-controlled drug delivery system for the painless delivery of drugs, anesthetics, and other medicaments, as well as for the aspiration of bodily fluids or previously injected substances; and disposable injection handpiece for the tactile control during the injection. In addition, the company provides CompuFlo Epidural, a computer-controlled anesthesia system for use in various medical applications. Further, it offers CompuMed for use in various medical procedures performed in plastic, hair restoration, and colorectal surgery, as well as podiatry, dermatology, orthopedics, and various other disciplines. Milestone Scientific Inc. was incorporated in 1989 and is headquartered in Roseland, New Jersey.
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Frequently Asked Questions
Is MILESTONE SCIENTIFIC INC. (MLSS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MILESTONE SCIENTIFIC 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 MILESTONE SCIENTIFIC INC.'s debt ratio?
MILESTONE SCIENTIFIC INC.'s debt ratio is 1.6% 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 3.6%.
What are MILESTONE SCIENTIFIC INC.'s key financial metrics?
MILESTONE SCIENTIFIC INC. has a market capitalization of $21M, and revenue of $9M. The company maintains a gross margin of 71.9% and a net margin of -74.7%. Return on equity stands at -136.5%.
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.