Is Nxu, Inc. (NXUR) Halal?

NYSE Industrials United States $3,721
✗ NOT HALAL
Confidence: 90/100
Nxu, Inc. (NXUR) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 30475.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Nxu, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 30475.4%
/ 30%
103936.1%
/ 30%
24395.9%
/ 30%
6166.67%
/ 5%
✗ NOT HALAL
DJIM 30475.4%
/ 33%
103936.1%
/ 33%
24395.9%
/ 33%
6166.67%
/ 5%
✗ NOT HALAL
MSCI 9.2%
/ 33%
31.5%
/ 33%
7.4%
/ 33%
6166.67%
/ 5%
✗ NOT HALAL
S&P 30475.4%
/ 33%
103936.1%
/ 33%
24395.9%
/ 33%
6166.67%
/ 5%
✗ NOT HALAL
FTSE 9.2%
/ 33%
31.5%
/ 33%
7.4%
/ 50%
6166.67%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-20.70
P/B Ratio
0.0
EV/EBITDA
0.0
EV: -$492,663
Revenue
$18,000
Growth: -75.0%
Beta
-2.2
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 13.3%
Operating Margin -256000.0%
Net Margin 0.0%
Return on Equity (ROE) -236.0%
Return on Assets (ROA) -81.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$12M
Free Cash Flow-$14M
Total Debt$782,000
Debt-to-Equity12.8
Current Ratio0.9
Total Assets$8M

Price & Trading

Last Close$0.00
50-Day MA$0.00
200-Day MA$0.22
Avg Volume5K
Beta-2.2
52-Week Range
$0.00
$4.20

About Nxu, Inc. (NXUR)

CEO
Mr. Mark Aaron Hanchett
Employees
4
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
United States
Exchange
NYSE
Market Cap
$3,721
Currency
USD

Nxu, Inc., a technology company, operates megawatt charging stations to consumer and commercial customers in the United States. The company offers NxuOne, a charging technology that provides repeatable and consistent power delivery to meet the needs of electric vehicles. Nxu, Inc. was incorporated in 2016 and is based in Mesa, Arizona.

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Frequently Asked Questions

Is Nxu, Inc. (NXUR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Nxu, 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 Nxu, Inc.'s debt ratio?

Nxu, Inc.'s debt ratio is 30475.4% 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 9.2%.

What are Nxu, Inc.'s key financial metrics?

Nxu, Inc. has a market capitalization of $3,721, and revenue of $18,000. Return on equity stands at -236.0%.

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.