Is Sidus Space Inc. (SIDU) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.0% / 30% | 12.4% / 30% | 2.3% / 30% | 0.84% / 5% | ✓ HALAL |
| DJIM | 8.0% / 33% | 12.4% / 33% | 2.3% / 33% | 0.84% / 5% | ✓ HALAL |
| MSCI | 26.9% / 33% | 41.6% / 33% | 7.6% / 33% | 0.84% / 5% | ✗ NOT HALAL |
| S&P | 8.0% / 33% | 12.4% / 33% | 2.3% / 33% | 0.84% / 5% | ✓ HALAL |
| FTSE | 26.9% / 33% | 41.6% / 33% | 7.6% / 50% | 0.84% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -129.8% | |
| Operating Margin | -433.8% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -142.8% | |
| Return on Assets (ROA) | -43.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$16M |
| Free Cash Flow | -$23M |
| Total Debt | $10M |
| Debt-to-Equity | 41.3 |
| Current Ratio | 1.4 |
| Total Assets | $38M |
Price & Trading
| Last Close | $2.70 |
| 50-Day MA | $2.51 |
| 200-Day MA | $1.71 |
| Avg Volume | 32.3M |
| Beta | -1.6 |
|
52-Week Range
$0.63
| |
About Sidus Space Inc. (SIDU)
Sidus Space, Inc. engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. The company's space services include satellite design and manufacturing, such as LizzieSat, LizzieSat-XL, and Lunar Lizzie. It also offers technology hosting and mission management AI-enhanced Data-as-a-Service, utilizing the Orlaith AI ecosystem, which includes FeatherEdge AI processor, and Cielo AI solutions from space, on the LizzieSat platform to deliver timely data insights from space. The company also provides space and defense manufacturing, a mission-critical components and systems engineered for space environments, including precision machining and assembly; 3D printing; mechanical/electrical assembly and test; and design engineering, as well as technology design and integration. It serves commercial space, aerospace, and defense industries. The company was founded in 2012 and is headquartered in Merritt Island, Florida.
Purification Calculator
As a halal stock with 0.84% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Sidus Space Inc. (SIDU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sidus Space 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 Sidus Space Inc.'s debt ratio?
Sidus Space Inc.'s debt ratio is 8.0% 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 26.9%.
Does Sidus Space Inc. require dividend purification?
Yes, Sidus Space Inc. has an impermissible income ratio of 0.84%, which means 0.84% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Sidus Space Inc.'s key financial metrics?
Sidus Space Inc. has a market capitalization of $151M, and revenue of $5M. Return on equity stands at -142.8%.
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.