Is Mynd.ai, Inc. (MYND) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 384.4% / 30% | 386.5% / 30% | 188.1% / 30% | 0.99% / 5% | ✗ NOT HALAL |
| DJIM | 384.4% / 33% | 386.5% / 33% | 188.1% / 33% | 0.99% / 5% | ✗ NOT HALAL |
| MSCI | 29.7% / 33% | 29.8% / 33% | 14.5% / 33% | 0.99% / 5% | ✓ HALAL |
| S&P | 384.4% / 33% | 386.5% / 33% | 188.1% / 33% | 0.99% / 5% | ✗ NOT HALAL |
| FTSE | 29.7% / 33% | 29.8% / 33% | 14.5% / 50% | 0.99% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.7% | |
| Operating Margin | -27.7% | |
| Net Margin | -36.6% | |
| Return on Equity (ROE) | -203.6% | |
| Return on Assets (ROA) | -11.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $786,000 |
| Free Cash Flow | -$9M |
| Total Debt | $75M |
| Debt-to-Equity | 1201.0 |
| Current Ratio | 0.9 |
| Total Assets | $253M |
Price & Trading
| Last Close | $0.35 |
| 50-Day MA | $0.45 |
| 200-Day MA | $0.64 |
| Avg Volume | 17K |
| Beta | 4.6 |
|
52-Week Range
$0.29
| |
About Mynd.ai, Inc. (MYND)
Mynd.ai, Inc. engages in providing interactive flat panel display (IFPDs) products. The company offers interactive displays, such as ActivPanel 10, ActivPanel 9, and ActivPanel LX. It also provides softwares, including The Promethean ActivSuite that offers a platform for seamless, dynamic, and flexible learning and collaboration; ActivInspire, a downloadable and collaborative lesson-delivery software, as well as a web-based lesson creation and delivery software platform for education tools, apps, resources, and content. In addition, the company offers accessories for IFPDs, such as distance learning bundle, chromebox, Activconnect, Activsoundbar, Activpanel stands, and computing modules. Mynd.ai, Inc. is headquartered in Seattle, Washington. Mynd.ai, Inc. is a subsidiary of NetDragon Websoft Holdings Limited.
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Frequently Asked Questions
Is Mynd.ai, Inc. (MYND) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mynd.ai, 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 Mynd.ai, Inc.'s debt ratio?
Mynd.ai, Inc.'s debt ratio is 384.4% 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 29.7%.
What are Mynd.ai, Inc.'s key financial metrics?
Mynd.ai, Inc. has a market capitalization of $16M, and revenue of $267M. The company maintains a gross margin of 20.7% and a net margin of -36.6%. Return on equity stands at -203.6%.
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.