Is NBY (NBY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.6% / 30% | 1.2% / 30% | 1.3% / 30% | 13.62% / 5% | ✗ NOT HALAL |
| DJIM | 4.6% / 33% | 1.2% / 33% | 1.3% / 33% | 13.62% / 5% | ✗ NOT HALAL |
| MSCI | 48.8% / 33% | 12.6% / 33% | 13.6% / 33% | 13.62% / 5% | ✗ NOT HALAL |
| S&P | 4.6% / 33% | 1.2% / 33% | 1.3% / 33% | 13.62% / 5% | ✗ NOT HALAL |
| FTSE | 48.8% / 33% | 12.6% / 33% | 13.6% / 50% | 13.62% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 350.1% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -76.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $2M |
| Current Ratio | 7.6 |
| Total Assets | $3M |
Price & Trading
| Last Close | $1.53 |
| 50-Day MA | $7.90 |
| 200-Day MA | $9.66 |
| Avg Volume | 510K |
| Beta | 0.2 |
|
52-Week Range
$1.11
| |
About NBY (NBY)
NovaBay Pharmaceuticals, Inc. engages in the accumulation and holding of digital assets for participation in blockchain-based networks. The company focuses on the accumulation, holding, and deployment of SKY, a protocol token of the decentralized Sky Protocol. Its services intend to support protocol-level services, including staking, governance participation, validation, and related activities. The company was formerly known as NovaCal Pharmaceuticals, Inc. and changed its name to NovaBay Pharmaceuticals, Inc. in February 2007. NovaBay Pharmaceuticals, Inc. was incorporated in 2000 and is headquartered in Emeryville, California.
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Frequently Asked Questions
Is NBY (NBY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NBY 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 NBY's debt ratio?
NBY's debt ratio is 4.6% 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 48.8%.
What are NBY's key financial metrics?
NBY has a market capitalization of $40M, and revenue of $10M.
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.