Is Owlet, Inc. (OWLT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.8% / 30% | 10.1% / 30% | 6.1% / 30% | 12.0% / 5% | ✗ NOT HALAL |
| DJIM | 5.8% / 33% | 10.1% / 33% | 6.1% / 33% | 12.0% / 5% | ✗ NOT HALAL |
| MSCI | 23.6% / 33% | 40.9% / 33% | 24.5% / 33% | 12.0% / 5% | ✗ NOT HALAL |
| S&P | 5.8% / 33% | 10.1% / 33% | 6.1% / 33% | 12.0% / 5% | ✗ NOT HALAL |
| FTSE | 23.6% / 33% | 40.9% / 33% | 24.5% / 50% | 12.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 50.6% | |
| Operating Margin | -18.4% | |
| Net Margin | -37.5% | |
| Return on Equity (ROE) | -802.5% | |
| Return on Assets (ROA) | -7.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$12M |
| Total Debt | $12M |
| Debt-to-Equity | 42.3 |
| Current Ratio | 1.9 |
| Total Assets | $50M |
Price & Trading
| Last Close | $4.91 |
| 50-Day MA | $9.96 |
| 200-Day MA | $9.81 |
| Avg Volume | 334K |
| Beta | 1.7 |
|
52-Week Range
$2.75
| |
About Owlet, Inc. (OWLT)
Owlet, Inc. provides digital parenting solutions in the United States, the United Kingdom, and internationally. The company offers a digital parenting platform that provides real-time data and insights to parents. It also provides sock monitors, including Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology that tracks vital signs, such as pulse rate, activity, oxygen level, and sleep patterns; BabySat, which is intended for infants with conditions, including respiratory syncytial virus, pneumonia, bronchitis, croup, and other diagnoses; and Dream Sight, an audio and video monitor that enables parents to monitor their child. In addition, the company offers Dream Duo, which integrates Dream Sock and Dream Sight to create a connected health and safety system; Owlet360, a subscription service that provides personalized understanding of the babies' development, health, and sleep trends; and accessories, such as fabric accessory socks and the Owlet Sock Travel Case. Owlet, Inc. was founded in 2012 and is headquartered in Lehi, Utah.
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Frequently Asked Questions
Is Owlet, Inc. (OWLT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Owlet, 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 Owlet, Inc.'s debt ratio?
Owlet, Inc.'s debt ratio is 5.8% 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 23.6%.
What are Owlet, Inc.'s key financial metrics?
Owlet, Inc. has a market capitalization of $133M, and revenue of $78M. The company maintains a gross margin of 50.6% and a net margin of -37.5%. Return on equity stands at -802.5%.
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.