Is ODYSSEY MARINE EXPLORATION INC (OMEX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 27.4% / 30% | 5.7% / 30% | 0.3% / 30% | 22.03% / 5% | ✗ NOT HALAL |
| DJIM | 27.4% / 33% | 5.7% / 33% | 0.3% / 33% | 22.03% / 5% | ✗ NOT HALAL |
| MSCI | 124.0% / 33% | 25.9% / 33% | 1.5% / 33% | 22.03% / 5% | ✗ NOT HALAL |
| S&P | 27.4% / 33% | 5.7% / 33% | 0.3% / 33% | 22.03% / 5% | ✗ NOT HALAL |
| FTSE | 124.0% / 33% | 25.9% / 33% | 1.5% / 50% | 22.03% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -3494.4% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -32.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $642,341 |
| Free Cash Flow | $557,991 |
| Total Debt | $23M |
| Current Ratio | 0.4 |
| Total Assets | $18M |
Price & Trading
| Last Close | $0.87 |
| 50-Day MA | $1.64 |
| 200-Day MA | $1.85 |
| Avg Volume | 817K |
| Beta | -0.8 |
|
52-Week Range
$0.27
| |
About ODYSSEY MARINE EXPLORATION INC (OMEX)
Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor mineral resources including polymetallic nodules for battery metals and subsea phosphate deposits for fertilizers. The company offers comprehensive research, marine operations, and regulatory compliance support and explores for phosphate and gold deposits. The company works with governments and seafloor rights holders worldwide and develops its projects in collaboration with a global network of partners, academics, and industry professionals. It also provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc. is headquartered in Tampa, Florida.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is ODYSSEY MARINE EXPLORATION INC (OMEX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ODYSSEY MARINE EXPLORATION 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 ODYSSEY MARINE EXPLORATION INC's debt ratio?
ODYSSEY MARINE EXPLORATION INC's debt ratio is 27.4% 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 124.0%.
What are ODYSSEY MARINE EXPLORATION INC's key financial metrics?
ODYSSEY MARINE EXPLORATION INC has a market capitalization of $46M, and revenue of $768,677.
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.