Is Performance Shipping Inc. (PSHG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 166.9% / 30% | 247.0% / 30% | 20.4% / 30% | 3.72% / 5% | ✗ NOT HALAL |
| DJIM | 166.9% / 33% | 247.0% / 33% | 20.4% / 33% | 3.72% / 5% | ✗ NOT HALAL |
| MSCI | 14.4% / 33% | 21.3% / 33% | 1.8% / 33% | 3.72% / 5% | ✓ HALAL |
| S&P | 166.9% / 33% | 247.0% / 33% | 20.4% / 33% | 3.72% / 5% | ✗ NOT HALAL |
| FTSE | 14.4% / 33% | 21.3% / 33% | 1.8% / 50% | 3.72% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 68.2% | |
| Operating Margin | 38.9% | |
| Net Margin | 59.4% | |
| Return on Equity (ROE) | 16.7% | |
| Return on Assets (ROA) | 4.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $60M |
| Free Cash Flow | $12M |
| Total Debt | $48M |
| Debt-to-Equity | 68.7 |
| Total Assets | $330M |
Price & Trading
| Last Close | $1.91 |
| 50-Day MA | $2.10 |
| 200-Day MA | $2.01 |
| Avg Volume | 131K |
| Beta | -0.3 |
|
52-Week Range
$1.31
| |
About Performance Shipping Inc. (PSHG)
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2024, it operated through a fleet of six Aframax tanker vessels with a combined carrying capacity of 630,519 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
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Frequently Asked Questions
Is Performance Shipping Inc. (PSHG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Performance Shipping 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 Performance Shipping Inc.'s debt ratio?
Performance Shipping Inc.'s debt ratio is 166.9% 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 14.4%.
What are Performance Shipping Inc.'s key financial metrics?
Performance Shipping Inc. has a market capitalization of $23M, trailing P/E ratio of 1.4. The company maintains a gross margin of 68.2% and a net margin of 59.4%. Return on equity stands at 16.7%.
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.