Is Rent the Runway, Inc. (RENT) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 241.0% / 30% | 49.0% / 30% | 0.0% / 30% | 0.62% / 5% | ✗ NOT HALAL |
| DJIM | 241.0% / 33% | 49.0% / 33% | 0.0% / 33% | 0.62% / 5% | ✗ NOT HALAL |
| MSCI | 158.7% / 33% | 32.3% / 33% | 0.0% / 33% | 0.62% / 5% | ✗ NOT HALAL |
| S&P | 241.0% / 33% | 49.0% / 33% | 0.0% / 33% | 0.62% / 5% | ✗ NOT HALAL |
| FTSE | 158.7% / 33% | 32.3% / 33% | 0.0% / 50% | 0.62% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.3% | |
| Operating Margin | -16.8% | |
| Net Margin | 3.4% | |
| Return on Assets (ROA) | -14.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $13M |
| Free Cash Flow | -$41M |
| Total Debt | $381M |
| Current Ratio | 1.0 |
| Total Assets | $240M |
Price & Trading
| Last Close | $4.83 |
| 50-Day MA | $5.99 |
| 200-Day MA | $5.58 |
| Avg Volume | 99K |
| Beta | 1.3 |
|
52-Week Range
$3.69
| |
About Rent the Runway, Inc. (RENT)
Rent the Runway, Inc. operates shared designer closet in the United States. The company provides evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York.
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Frequently Asked Questions
Is Rent the Runway, Inc. (RENT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Rent the Runway, 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 Rent the Runway, Inc.'s debt ratio?
Rent the Runway, Inc.'s debt ratio is 241.0% 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 158.7%.
What are Rent the Runway, Inc.'s key financial metrics?
Rent the Runway, Inc. has a market capitalization of $157M, trailing P/E ratio of 1.6, and revenue of $306M. The company maintains a gross margin of 72.3% and a net margin of 3.4%.
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.