Is N2OFF, Inc. (NITO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 75.3% / 30% | 11.4% / 30% | 30.95% / 5% | ✗ NOT HALAL |
| DJIM | 0.2% / 33% | 75.3% / 33% | 11.4% / 33% | 30.95% / 5% | ✗ NOT HALAL |
| MSCI | 0.1% / 33% | 45.6% / 33% | 6.9% / 33% | 30.95% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 75.3% / 33% | 11.4% / 33% | 30.95% / 5% | ✗ NOT HALAL |
| FTSE | 0.1% / 33% | 45.6% / 33% | 6.9% / 50% | 30.95% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 64.6% | |
| Operating Margin | -66300.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -101.6% | |
| Return on Assets (ROA) | -44.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $7,000 |
| Debt-to-Equity | 13.1 |
| Current Ratio | 4.2 |
| Total Assets | $5M |
Price & Trading
| Last Close | $0.88 |
| 50-Day MA | $1.33 |
| 200-Day MA | $4.96 |
| Avg Volume | 893K |
| Beta | 1.6 |
|
52-Week Range
$0.77
| |
About N2OFF, Inc. (NITO)
N2OFF, Inc., an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. The company's products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. Its products include SavePROTECT or PeroStar, a processing aid for post-harvest application added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens. The company also offers SpuDefender for controlling post-harvest potato sprouts; and FreshProtect to control spoilage-creating microorganisms on post-harvest citrus fruits. The company was formerly known as Save Foods, Inc. and changed its name to N2OFF, Inc. in March 2024. N2OFF, Inc. was incorporated in 2009 and is headquartered in Hod HaSharon, Israel.
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Frequently Asked Questions
Is N2OFF, Inc. (NITO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), N2OFF, 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 N2OFF, Inc.'s debt ratio?
N2OFF, Inc.'s debt ratio is 0.2% 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 0.1%.
What are N2OFF, Inc.'s key financial metrics?
N2OFF, Inc. has a market capitalization of $3M, and revenue of $210,000. Return on equity stands at -101.6%.
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.