Is NL INDUSTRIES INC (NL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 55.1% / 30% | 8.0% / 30% | 7.52% / 5% | ✗ NOT HALAL |
| DJIM | 0.2% / 33% | 55.1% / 33% | 8.0% / 33% | 7.52% / 5% | ✗ NOT HALAL |
| MSCI | 0.1% / 33% | 28.2% / 33% | 4.1% / 33% | 7.52% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 55.1% / 33% | 8.0% / 33% | 7.52% / 5% | ✗ NOT HALAL |
| FTSE | 0.1% / 33% | 28.2% / 33% | 4.1% / 50% | 7.52% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.4% | |
| Operating Margin | 40.4% | |
| Net Margin | -23.9% | |
| Return on Equity (ROE) | -8.9% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $26M |
| Free Cash Flow | $24M |
| Total Debt | $500,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 7.8 |
| Total Assets | $578M |
Price & Trading
| Last Close | $5.95 |
| 50-Day MA | $6.06 |
| 200-Day MA | $6.06 |
| Avg Volume | 64K |
| Beta | 0.1 |
|
52-Week Range
$5.04
| |
About NL INDUSTRIES INC (NL)
NL Industries, Inc., through its subsidiaries, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending, and cash containment machines. It also provides original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical, electronic controls, and throttles; wake enhancement devices, trim tabs, steering wheels, and billet aluminum accessories; dash panels, LED indicators, wire harnesses; and grab handles, pin cleats, and other accessories for performance and ski/wakeboard and performance boats. In addition, the company produces and markets value-added titanium dioxide pigments, a base industrial product used in imparting whiteness, brightness, opacity, and durability to a diverse range of customer applications and end-use markets, including coatings, plastics, paper, inks, cosmetics, pharmaceuticals, and other industrial and consumer products. The company sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. operates as a subsidiary of Valhi, Inc.
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Frequently Asked Questions
Is NL INDUSTRIES INC (NL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NL INDUSTRIES 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 NL INDUSTRIES INC's debt ratio?
NL INDUSTRIES 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 NL INDUSTRIES INC's key financial metrics?
NL INDUSTRIES INC has a market capitalization of $282M, and revenue of $146M. The company maintains a gross margin of 30.4% and a net margin of -23.9%. Return on equity stands at -8.9%.
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.