Is Precipio, Inc. (PRPO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 3.0% / 30% | 1.7% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 2.7% / 33% | 3.0% / 33% | 1.7% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 7.4% / 33% | 8.2% / 33% | 4.7% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 2.7% / 33% | 3.0% / 33% | 1.7% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 7.4% / 33% | 8.2% / 33% | 4.7% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.8% | |
| Operating Margin | -0.9% | |
| Net Margin | -5.5% | |
| Return on Equity (ROE) | -9.8% | |
| Return on Assets (ROA) | -6.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $439,000 |
| Free Cash Flow | $216,000 |
| Total Debt | $1M |
| Debt-to-Equity | 25.9 |
| Current Ratio | 1.3 |
| Total Assets | $17M |
Price & Trading
| Last Close | $27.20 |
| 50-Day MA | $24.88 |
| 200-Day MA | $20.00 |
| Avg Volume | 15K |
| Beta | 1.3 |
|
52-Week Range
$3.90
| |
About Precipio, Inc. (PRPO)
Precipio, Inc., a healthcare biotechnology company, provides cancer diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; and HemeScreen, a suite of robust genetic diagnostic panels. It offers biomarker testing and clinical project services to bio-pharma customers. Precipio, Inc. is based in New Haven, Connecticut.
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Frequently Asked Questions
Is Precipio, Inc. (PRPO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Precipio, 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 Precipio, Inc.'s debt ratio?
Precipio, Inc.'s debt ratio is 2.7% 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 7.4%.
What are Precipio, Inc.'s key financial metrics?
Precipio, Inc. has a market capitalization of $45M, and revenue of $19M. The company maintains a gross margin of 44.8% and a net margin of -5.5%. Return on equity stands at -9.8%.
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.