Is 374Water Inc. (SCWO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.5% / 30% | 25.1% / 30% | 5.0% / 30% | 63.11% / 5% | ✗ NOT HALAL |
| DJIM | 1.5% / 33% | 25.1% / 33% | 5.0% / 33% | 63.11% / 5% | ✗ NOT HALAL |
| MSCI | 3.4% / 33% | 55.5% / 33% | 11.0% / 33% | 63.11% / 5% | ✗ NOT HALAL |
| S&P | 1.5% / 33% | 25.1% / 33% | 5.0% / 33% | 63.11% / 5% | ✗ NOT HALAL |
| FTSE | 3.4% / 33% | 55.5% / 33% | 11.0% / 50% | 63.11% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -29.8% | |
| Operating Margin | -573.5% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -232.6% | |
| Return on Assets (ROA) | -103.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$11M |
| Total Debt | $652,696 |
| Debt-to-Equity | 21.5 |
| Current Ratio | 1.4 |
| Total Assets | $19M |
Price & Trading
| Last Close | $3.06 |
| 50-Day MA | $2.81 |
| 200-Day MA | $3.03 |
| Avg Volume | 129K |
| Beta | -0.1 |
|
52-Week Range
$1.60
| |
About 374Water Inc. (SCWO)
374Water Inc. provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams. It serves municipal, department of defense, department of energy, federal aviation agency, waste management, industrial manufacturing and compliance, and sanitation projects in developing countries. 374Water Inc. is based in Morrisville, North Carolina.
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Frequently Asked Questions
Is 374Water Inc. (SCWO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), 374Water 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 374Water Inc.'s debt ratio?
374Water Inc.'s debt ratio is 1.5% 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 3.4%.
What are 374Water Inc.'s key financial metrics?
374Water Inc. has a market capitalization of $50M, and revenue of $445,445. Return on equity stands at -232.6%.
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.