Is NEXTNAV INC. (NNAVW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 44.2% / 33% | 49.5% / 33% | 2.0% / 33% | 568.12% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 44.2% / 33% | 49.5% / 33% | 2.0% / 50% | 568.12% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -86.7% | |
| Operating Margin | -1674.4% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -20.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$38M |
| Free Cash Flow | -$39M |
| Total Debt | $71M |
| Current Ratio | 12.7 |
| Total Assets | $162M |
Price & Trading
| Last Close | $8.39 |
| Beta | 1.0 |
|
52-Week Range
$7.37
| |
About NEXTNAV INC. (NNAVW)
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.
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Frequently Asked Questions
Is NEXTNAV INC. (NNAVW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEXTNAV 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 NEXTNAV INC.'s debt ratio?
NEXTNAV INC.'s debt ratio is not available 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 44.2%.
What are NEXTNAV INC.'s key financial metrics?
NEXTNAV INC. has a market capitalization of N/A, and revenue of $6M.
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.