Is NETWORK-1 TECHNOLOGIES, INC. (NTIP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 120.2% / 30% | 0.0% / 30% | 1897.0% / 5% | ✗ NOT HALAL |
| DJIM | 0.1% / 33% | 120.2% / 33% | 0.0% / 33% | 1897.0% / 5% | ✗ NOT HALAL |
| MSCI | 0.1% / 33% | 89.4% / 33% | 0.0% / 33% | 1897.0% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 120.2% / 33% | 0.0% / 33% | 1897.0% / 5% | ✗ NOT HALAL |
| FTSE | 0.1% / 33% | 89.4% / 33% | 0.0% / 50% | 1897.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.0% | |
| Operating Margin | -2204.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -5.8% | |
| Return on Assets (ROA) | -4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $24,000 |
| Current Ratio | 48.2 |
| Total Assets | $45M |
Price & Trading
| Last Close | $1.47 |
| 50-Day MA | $1.41 |
| 200-Day MA | $1.42 |
| Avg Volume | 37K |
| Beta | 0.2 |
|
52-Week Range
$1.16
| |
About NETWORK-1 TECHNOLOGIES, INC. (NTIP)
Network-1 Technologies, Inc. engages in the development, licensing, and protection of intellectual property assets in Connecticut. The company owns 119 patents, including the Cox patent portfolio related to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded subscriber identification module technology in IoT, machine-to-machine, and other mobile devices, such as smartphones, tablets, and computers, as well as automobiles; and HFT patent portfolio covering technologies related to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems. Its patents also comprise the Mirror Worlds patent portfolio related to foundational technologies that enable unified search and indexing, displaying, and archiving of documents in a computer system; and the remote power patent covering the delivery of power over Ethernet cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones, and network-based cameras. Network-1 Technologies, Inc. was formerly known as Network-1 Security Solutions, Inc. and changed its name to Network-1 Technologies, Inc. in October 2013. The company was incorporated in 1990 and is headquartered in New Canaan, Connecticut.
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Frequently Asked Questions
Is NETWORK-1 TECHNOLOGIES, INC. (NTIP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NETWORK-1 TECHNOLOGIES, 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 NETWORK-1 TECHNOLOGIES, INC.'s debt ratio?
NETWORK-1 TECHNOLOGIES, INC.'s debt ratio is 0.1% 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 NETWORK-1 TECHNOLOGIES, INC.'s key financial metrics?
NETWORK-1 TECHNOLOGIES, INC. has a market capitalization of $33M, and revenue of $100,000. Return on equity stands at -5.8%.
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.