Is Neonode Inc. (NEON) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.0% / 30% | 59.0% / 30% | 3.4% / 30% | 22.1% / 5% | ✗ NOT HALAL |
| DJIM | 2.0% / 33% | 59.0% / 33% | 3.4% / 33% | 22.1% / 5% | ✗ NOT HALAL |
| MSCI | 3.0% / 33% | 89.4% / 33% | 5.2% / 33% | 22.1% / 5% | ✗ NOT HALAL |
| S&P | 2.0% / 33% | 59.0% / 33% | 3.4% / 33% | 22.1% / 5% | ✗ NOT HALAL |
| FTSE | 3.0% / 33% | 89.4% / 33% | 5.2% / 50% | 22.1% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 98.7% | |
| Operating Margin | -454.6% | |
| Net Margin | 411.9% | |
| Return on Equity (ROE) | 39.1% | |
| Return on Assets (ROA) | -33.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $546,000 |
| Debt-to-Equity | 1.5 |
| Current Ratio | 12.1 |
| Total Assets | $18M |
Price & Trading
| Last Close | $1.36 |
| 50-Day MA | $1.71 |
| 200-Day MA | $8.50 |
| Avg Volume | 161K |
| Beta | 0.8 |
|
52-Week Range
$1.27
| |
About Neonode Inc. (NEON)
Neonode Inc., together with its subsidiaries, provides software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers in the United States, Japan, South Korea, Germany, Sweden, China, and internationally. It also offers optical sensing solutions for contactless touch, touch, and gesture sensing. In addition, the company licenses its zForce technology to original equipment manufacturers and automotive Tier 1 suppliers, as well as provides non-recurring engineering services related to application development. Further, it provides machine perception solutions. The company serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was founded in 1997 and is headquartered in Stockholm, Sweden.
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Frequently Asked Questions
Is Neonode Inc. (NEON) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Neonode 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 Neonode Inc.'s debt ratio?
Neonode Inc.'s debt ratio is 2.0% 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 3.0%.
What are Neonode Inc.'s key financial metrics?
Neonode Inc. has a market capitalization of $21M, trailing P/E ratio of 2.6, and revenue of $3M. The company maintains a gross margin of 98.7% and a net margin of 411.9%. Return on equity stands at 39.1%.
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.