NERVGEN PHARMA CORP. (NGEN) Financial Ratio Screen

NASDAQ Healthcare Canada USD 290M
INSUFFICIENT / NOT IMPLEMENTED*
Automated financial screen · activity assessed separately
NERVGEN PHARMA CORP. (NGEN) needs additional financial data before the automated screen can be completed. One or more financial fields are missing; this is not a negative screening result.

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MSCI new-inclusion financial-ratio snapshot

NGEN financial screening at a glance

INSUFFICIENT / NOT IMPLEMENTED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
0.5%
Pass vs 30%
Cash ratio
89.1%
Fail vs 30%
Receivables + cash
91.2%
Fail vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleMore financial data neededNo negative conclusion follows from missing data
FTSE/Yasaar-styleMore financial data neededNo negative conclusion follows from missing data
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Biotechnology) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: NervGen Pharma Corp., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical treatments to promote nervous system repair in settings of neurotrauma and neurologic disease. The company's lead product candidate is NVG-291 that is in Phase 1b/2a clinical trial for the treatment of spinal cord injuries (SCI), stroke, multiple sclerosis, and Alzheimer's disease; and NVG-300, which is in a preclinical model of ischemic stroke and confirmatory SCI study. NervGen Pharma Corp. has a licensing agreement with Case Western Reserve University to develop and commercialize a patented technology with therapeutic potential for spinal cord injury and other conditions associated with nerve damage. The company was incorporated in 2017 and is based in Vancouver, Canada.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 0.5%
/ 30%
89.1%
/ 30%
91.2%
/ 30%
N/A INSUFFICIENT / NOT IMPLEMENTED*
FTSE 0.5%
/ 33%
89.1%
/ 33%
91.2%
/ 50%
N/A INSUFFICIENT / NOT IMPLEMENTED*

Financial Highlights

EPS
$-0.26
P/B Ratio
-127.2
EV/EBITDA
-10.9
EV: $275M
Revenue
$0
Beta
1.0
Average volatility
Current Ratio
0.8

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -820.1%
Return on Assets (ROA) -88.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$17M
Free Cash Flow-$17M
Total Debt$105,603
Current Ratio0.8
Total Assets$19M

Price & Trading

Last Close$3.66
50-Day MA$4.22
200-Day MA$3.40
Avg Volume145K
Beta1.0
52-Week Range
$1.50
$6.30

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About NERVGEN PHARMA CORP. (NGEN)

CEO
Dr. Adam H. Rogers M.D.
Sector
Healthcare
Industry
Biotechnology
Country
Canada
Exchange
NASDAQ
Market Cap (listing currency)
USD 290M
Currency
USD

NervGen Pharma Corp., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical treatments to promote nervous system repair in settings of neurotrauma and neurologic disease. The company's lead product candidate is NVG-291 that is in Phase 1b/2a clinical trial for the treatment of spinal cord injuries (SCI), stroke, multiple sclerosis, and Alzheimer's disease; and NVG-300, which is in a preclinical model of ischemic stroke and confirmatory SCI study. NervGen Pharma Corp. has a licensing agreement with Case Western Reserve University to develop and commercialize a patented technology with therapeutic potential for spinal cord injury and other conditions associated with nerve damage. The company was incorporated in 2017 and is based in Vancouver, Canada.

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Frequently Asked Questions

Is NERVGEN PHARMA CORP. (NGEN) halal to invest in?

The current automated result is More financial data is needed. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is NERVGEN PHARMA CORP.'s debt ratio?

NERVGEN PHARMA CORP.'s debt ratio is 0.5% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are NERVGEN PHARMA CORP.'s key financial metrics?

NERVGEN PHARMA CORP. has a market capitalization of USD 290M in its listing currency. Return on equity stands at -820.1%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.