Is Nano-X Imaging Ltd. (NNOX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.2% / 30% | 41.5% / 30% | 1.0% / 30% | 25.44% / 5% | ✗ NOT HALAL |
| DJIM | 4.2% / 33% | 41.5% / 33% | 1.0% / 33% | 25.44% / 5% | ✗ NOT HALAL |
| MSCI | 3.5% / 33% | 34.9% / 33% | 0.9% / 33% | 25.44% / 5% | ✗ NOT HALAL |
| S&P | 4.2% / 33% | 41.5% / 33% | 1.0% / 33% | 25.44% / 5% | ✗ NOT HALAL |
| FTSE | 3.5% / 33% | 34.9% / 33% | 0.9% / 50% | 25.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -98.0% | |
| Operating Margin | -413.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -34.8% | |
| Return on Assets (ROA) | -20.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$37M |
| Free Cash Flow | -$39M |
| Total Debt | $7M |
| Debt-to-Equity | 5.0 |
| Current Ratio | 4.1 |
| Total Assets | $210M |
Price & Trading
| Last Close | $2.27 |
| 50-Day MA | $2.58 |
| 200-Day MA | $3.69 |
| Avg Volume | 1.0M |
| Beta | 1.4 |
|
52-Week Range
$2.11
| |
About Nano-X Imaging Ltd. (NNOX)
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. It provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source; and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide and obtain remote interpretations of imaging data; Nanox.CONNECT to receive local regulatory approvals and explore and evaluate the business model and the potential service; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers and mobile imaging service providers, urgent care facilities, and multi-specialty physician groups. The company was founded in 2011 and is headquartered in Petah Tikva, Israel.
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Frequently Asked Questions
Is Nano-X Imaging Ltd. (NNOX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Nano-X Imaging 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 Nano-X Imaging Ltd.'s debt ratio?
Nano-X Imaging Ltd.'s debt ratio is 4.2% 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 3.5%.
What are Nano-X Imaging Ltd.'s key financial metrics?
Nano-X Imaging Ltd. has a market capitalization of $154M, and revenue of $11M. Return on equity stands at -34.8%.
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.