Is Phreesia, Inc. (PHR) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.5% / 30% | 11.6% / 30% | 10.1% / 30% | 0.64% / 5% | ✓ HALAL |
| DJIM | 2.5% / 33% | 11.6% / 33% | 10.1% / 33% | 0.64% / 5% | ✓ HALAL |
| MSCI | 4.6% / 33% | 21.7% / 33% | 19.0% / 33% | 0.64% / 5% | ✓ HALAL |
| S&P | 2.5% / 33% | 11.6% / 33% | 10.1% / 33% | 0.64% / 5% | ✓ HALAL |
| FTSE | 4.6% / 33% | 21.7% / 33% | 19.0% / 50% | 0.64% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 68.2% | |
| Operating Margin | -46.7% | |
| Net Margin | -1.2% | |
| Return on Equity (ROE) | -1.9% | |
| Return on Assets (ROA) | -0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $32M |
| Free Cash Flow | $8M |
| Total Debt | $18M |
| Debt-to-Equity | 2.6 |
| Current Ratio | 2.4 |
| Total Assets | $388M |
Price & Trading
| Last Close | $11.65 |
| 50-Day MA | $12.70 |
| 200-Day MA | $21.00 |
| Avg Volume | 1.6M |
| Beta | 0.7 |
|
52-Week Range
$10.75
| |
About Phreesia, Inc. (PHR)
Phreesia, Inc. provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada. The company offers an appointment scheduling system for online appointments, reminders, and referral tracking and management; registration solutions to automate patient self-registration; revenue cycle solutions that provide insurance-verification processes, point-of-sale payments applications, post-visit payment collection, and flexible payment options; and network solutions to deliver clinically relevant content to patients. It deploys its platform in a range of modalities, including Phreesia Mobile, a patients' mobile device; PhreesiaPads, a self-service intake tablets; Phreesia Dashboard, a web-based dashboard for healthcare services clients; and Arrivals Kiosks, which are on-site kiosks. The company serves a range of healthcare services clients, including single-specialty practices, multi-specialty groups, and health systems; and pharmaceutical, medical device, and biotechnology companies, as well as government entities and other organizations. Phreesia, Inc. was incorporated in 2005 and is based in Wilmington, Delaware.
Purification Calculator
As a halal stock with 0.64% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Phreesia, Inc. (PHR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Phreesia, Inc. 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 Phreesia, Inc.'s debt ratio?
Phreesia, Inc.'s debt ratio is 2.5% 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 4.6%.
Does Phreesia, Inc. require dividend purification?
Yes, Phreesia, Inc. has an impermissible income ratio of 0.64%, which means 0.64% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Phreesia, Inc.'s key financial metrics?
Phreesia, Inc. has a market capitalization of $662M, and revenue of $420M. The company maintains a gross margin of 68.2% and a net margin of -1.2%. Return on equity stands at -1.9%.
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.