Is NewGenIvf Group Ltd (NIVF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 636.2% / 30% | 96.1% / 30% | 286.1% / 30% | 0.13% / 5% | ✗ NOT HALAL |
| DJIM | 636.2% / 33% | 96.1% / 33% | 286.1% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| MSCI | 84.7% / 33% | 12.8% / 33% | 38.1% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| S&P | 636.2% / 33% | 96.1% / 33% | 286.1% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| FTSE | 84.7% / 33% | 12.8% / 33% | 38.1% / 50% | 0.13% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.2% | |
| Operating Margin | -195.9% | |
| Net Margin | 381.2% | |
| Return on Equity (ROE) | 160.5% | |
| Return on Assets (ROA) | -23.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$8M |
| Total Debt | $3M |
| Debt-to-Equity | 19.1 |
| Current Ratio | 3.4 |
| Total Assets | $4M |
Price & Trading
| Last Close | $2.05 |
| 50-Day MA | $3.53 |
| 200-Day MA | $85.81 |
| Avg Volume | 194K |
| Beta | 0.0 |
|
52-Week Range
$1.52
| |
About NewGenIvf Group Ltd (NIVF)
NewGenIvf Group Limited, an investment holding company, provides an assisted reproductive service that helps couples and individuals for fertility treatments in Thailand, Cambodia, Hong Kong, and Kyrgyzstan. The company provides a range of fertility treatment solutions, including in vitro fertilization (IVF), ICSI, embryo culture, hormonal blood tests, infectious diseases tests, chromosome screening, hysteroscopy, sperm analysis, sorting, washing, and freezing, and egg freezing. It also provides IVF treatment; surrogacy and ancillary caring services, including regular body check, as well as vitamins, supplements, and medicines to surrogate mothers; and value-added services comprising nutrition guidance, psychological counselling, acupuncture, and translation interpreters to supplement the IVF treatment. The company offers its services through its clinics. NewGenIvf Group Limited was founded in 2010 and is based in Bangkok, Thailand.
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Frequently Asked Questions
Is NewGenIvf Group Ltd (NIVF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NewGenIvf Group Ltd 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 NewGenIvf Group Ltd's debt ratio?
NewGenIvf Group Ltd's debt ratio is 636.2% 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 84.7%.
What are NewGenIvf Group Ltd's key financial metrics?
NewGenIvf Group Ltd has a market capitalization of $1M, trailing P/E ratio of 0.0, and revenue of $5M. The company maintains a gross margin of 21.2% and a net margin of 381.2%. Return on equity stands at 160.5%.
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.