Is SkyWater Technology, Inc (SKYT) Halal?

NASDAQ Technology United States $1.3B
✓ HALAL
Confidence: 95/100
SkyWater Technology, Inc (SKYT) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 5.5% against the AAOIFI threshold of 30%, SkyWater Technology, Inc comfortably passes the key financial ratio tests. The company operates in the Technology sector (Semiconductors), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 5.5%
/ 30%
1.3%
/ 30%
5.4%
/ 30%
0.0%
/ 5%
✓ HALAL
DJIM 5.5%
/ 33%
1.3%
/ 33%
5.4%
/ 33%
0.0%
/ 5%
✓ HALAL
MSCI 24.5%
/ 33%
6.0%
/ 33%
24.4%
/ 33%
0.0%
/ 5%
✓ HALAL
S&P 5.5%
/ 33%
1.3%
/ 33%
5.4%
/ 33%
0.0%
/ 5%
✓ HALAL
FTSE 24.5%
/ 33%
6.0%
/ 33%
24.4%
/ 50%
0.0%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
11.1
Forward: -132.8
EPS
$2.44
P/B Ratio
7.0
EV/EBITDA
48.2
EV: $1.5B
Revenue
$442M
Growth: 126.6%
Beta
3.5
High volatility
Current Ratio
0.6

Profitability

Gross Margin 19.7%
Operating Margin -1.8%
Net Margin 26.9%
Return on Equity (ROE) 95.9%
Return on Assets (ROA) -0.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$29M
Free Cash Flow-$56M
Total Debt$250M
Debt-to-Equity127.8
Current Ratio0.6
Total Assets$734M

Price & Trading

Last Close$27.87
50-Day MA$29.78
200-Day MA$18.55
Avg Volume2.1M
Beta3.5
52-Week Range
$5.67
$36.27

About SkyWater Technology, Inc (SKYT)

CEO
Mr. Thomas J. Sonderman
Employees
1,551
Sector
Technology
Industry
Semiconductors
Country
United States
Exchange
NASDAQ
Market Cap
$1.3B
Currency
USD

SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor manufacturing services in the United States. The company operates through two segments, Legacy SkyWater and SkyWater Texas. The company offers foundry services; advanced technology services (ATS); wafer manufacturing services for analog, mixed-signal, MEMS, and specialty CMOS devices; and advanced semiconductor packaging. The company serves quantum computing, aerospace and defense, automotive, bio-health, and industrial sectors. SkyWater Technology, Inc. was incorporated in 2016 and is headquartered in Bloomington, Minnesota.

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Frequently Asked Questions

Is SkyWater Technology, Inc (SKYT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SkyWater Technology, 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 SkyWater Technology, Inc's debt ratio?

SkyWater Technology, Inc's debt ratio is 5.5% 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 24.5%.

What are SkyWater Technology, Inc's key financial metrics?

SkyWater Technology, Inc has a market capitalization of $1.3B, trailing P/E ratio of 11.1, and revenue of $442M. The company maintains a gross margin of 19.7% and a net margin of 26.9%. Return on equity stands at 95.9%.

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.