Is QUANTUM CORP /DE/ (QMCO) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 176.9% / 30% | 21.9% / 30% | 69.9% / 30% | 19.37% / 5% | ✗ NOT HALAL |
| DJIM | 176.9% / 33% | 21.9% / 33% | 69.9% / 33% | 19.37% / 5% | ✗ NOT HALAL |
| MSCI | 85.5% / 33% | 10.6% / 33% | 33.8% / 33% | 19.37% / 5% | ✗ NOT HALAL |
| S&P | 176.9% / 33% | 21.9% / 33% | 69.9% / 33% | 19.37% / 5% | ✗ NOT HALAL |
| FTSE | 85.5% / 33% | 10.6% / 33% | 33.8% / 50% | 19.37% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.8% | |
| Operating Margin | 0.5% | |
| Net Margin | -37.8% | |
| Return on Assets (ROA) | -9.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$24M |
| Free Cash Flow | -$29M |
| Total Debt | $133M |
| Current Ratio | 0.5 |
| Total Assets | $155M |
Price & Trading
| Last Close | $5.22 |
| 50-Day MA | $5.82 |
| 200-Day MA | $7.97 |
| Avg Volume | 533K |
| Beta | 2.7 |
|
52-Week Range
$4.50
| |
About QUANTUM CORP /DE/ (QMCO)
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage for enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, AI data, and workflow. It also provides ActiveScale Object Storage Software, a scalable and durable storage; DXi Backup Appliances to build backup appliances for backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells standalone linear-tape open tape drives for small business data protection and archiving; and linear-tape open media for use in tape storage systems. Further, it offers global support, customer support agreements, software subscriptions, installation, education, and consulting and training services; and Quantum-as-a-Service. Additionally, the company offers cloud-based analytics, standard plans, professional, managed, and storage-as-a-service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. The company has a strategic partnership with Entanglement, Inc. to advance quantum logic, post-quantum security, and data sovereignty. Quantum Corporation was incorporated in 1980 and is headquartered in Centennial, Colorado.
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Frequently Asked Questions
Is QUANTUM CORP /DE/ (QMCO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), QUANTUM CORP /DE/ 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 QUANTUM CORP /DE/'s debt ratio?
QUANTUM CORP /DE/'s debt ratio is 176.9% 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 85.5%.
What are QUANTUM CORP /DE/'s key financial metrics?
QUANTUM CORP /DE/ has a market capitalization of $69M, and revenue of $274M. The company maintains a gross margin of 37.8% and a net margin of -37.8%.
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.