Is Oil-Dri Corp of America (ODC) Halal?
Shariah Screening — 5 Standards
Based on financial data from July 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.7% / 30% | 2.5% / 30% | 6.7% / 30% | N/A | ✓ HALAL |
| DJIM | 7.7% / 33% | 2.5% / 33% | 6.7% / 33% | N/A | ✓ HALAL |
| MSCI | 19.9% / 33% | 6.6% / 33% | 17.5% / 33% | N/A | ✓ HALAL |
| S&P | 7.7% / 33% | 2.5% / 33% | 6.7% / 33% | N/A | ✓ HALAL |
| FTSE | 19.9% / 33% | 6.6% / 33% | 17.5% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.3% | |
| Operating Margin | 13.3% | |
| Net Margin | 11.0% | |
| Return on Equity (ROE) | 20.7% | |
| Return on Assets (ROA) | 10.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $60M |
| Free Cash Flow | $28M |
| Total Debt | $71M |
| Debt-to-Equity | 20.3 |
| Current Ratio | 3.5 |
| Total Assets | $355M |
Price & Trading
| Last Close | $62.69 |
| 50-Day MA | $62.58 |
| 200-Day MA | $58.83 |
| Avg Volume | 71K |
| Beta | 0.8 |
|
52-Week Range
$41.37
| |
About Oil-Dri Corp of America (ODC)
Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as carriers for biological and chemical active ingredients, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry; and adsorbent products for bleaching, purification, and filtration applications. In addition, it provides cat litter products under Saular brand name, such as scoopable and non-clumping litter under the Cat's Pride and Jonny Cat brand names; crystal cat litter products under Ultra and Litter Pearls brand names; Pro Mound packing clay is used to construct pitcher's mounds, catcher's stations and batter's boxes; Rapid Dry drying agent is used to wick away excess water from the infield; industrial and automotive sorbent products from clay, polypropylene, and recycled materials that absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, cricket, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, farm & fleet channel, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product and sports turf material users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. The company was founded in 1941 and is based in Chicago, Illinois.
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Frequently Asked Questions
Is Oil-Dri Corp of America (ODC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Oil-Dri Corp of America is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Oil-Dri Corp of America's debt ratio?
Oil-Dri Corp of America's debt ratio is 7.7% 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 19.9%.
What are Oil-Dri Corp of America's key financial metrics?
Oil-Dri Corp of America has a market capitalization of $916M, trailing P/E ratio of 17.5. The company maintains a gross margin of 28.3% and a net margin of 11.0%. Return on equity stands at 20.7%.
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.