Is MANNATECH INC (MTEX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 52.6% / 30% | 89.5% / 30% | 5.9% / 30% | 2.2% / 5% | ✗ NOT HALAL |
| DJIM | 52.6% / 33% | 89.5% / 33% | 5.9% / 33% | 2.2% / 5% | ✗ NOT HALAL |
| MSCI | 18.6% / 33% | 31.6% / 33% | 2.1% / 33% | 2.2% / 5% | ✓ HALAL |
| S&P | 52.6% / 33% | 89.5% / 33% | 5.9% / 33% | 2.2% / 5% | ✗ NOT HALAL |
| FTSE | 18.6% / 33% | 31.6% / 33% | 2.1% / 50% | 2.2% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 76.3% | |
| Operating Margin | 6.9% | |
| Net Margin | -1.5% | |
| Return on Equity (ROE) | -19.5% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $7M |
| Debt-to-Equity | 116.5 |
| Current Ratio | 1.1 |
| Total Assets | $36M |
Price & Trading
| Last Close | $6.95 |
| 50-Day MA | $7.12 |
| 200-Day MA | $8.41 |
| Avg Volume | 18K |
| Beta | 0.8 |
|
52-Week Range
$6.14
| |
About MANNATECH INC (MTEX)
Mannatech, Incorporated operates as a wellness solution provider. The company develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management and fitness products. It primarily sells its products through network marketing distribution channels and e-commerce model. The company operates in the United States, Canada, Mexico, Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden, the United Kingdom, Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, Thailand and China, as well as Belgium, France, Greece, Italy, Luxembourg, and Poland. Mannatech, Incorporated was incorporated in 1993 and is headquartered in Flower Mound, Texas.
Related Halal Stocks in Consumer Defensive
Frequently Asked Questions
Is MANNATECH INC (MTEX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MANNATECH 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 MANNATECH INC's debt ratio?
MANNATECH INC's debt ratio is 52.6% 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 18.6%.
What are MANNATECH INC's key financial metrics?
MANNATECH INC has a market capitalization of $13M, and revenue of $118M. The company maintains a gross margin of 76.3% and a net margin of -1.5%. Return on equity stands at -19.5%.
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.