Is Southland Holdings, Inc. (SLND) Halal?

NYSE Industrials United States $66M
✗ NOT HALAL
Confidence: 90/100
Southland Holdings, Inc. (SLND) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 694.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Southland Holdings, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 694.9%
/ 30%
138.4%
/ 30%
1485.2%
/ 30%
0.35%
/ 5%
✗ NOT HALAL
DJIM 694.9%
/ 33%
138.4%
/ 33%
1485.2%
/ 33%
0.35%
/ 5%
✗ NOT HALAL
MSCI 30.1%
/ 33%
6.0%
/ 33%
64.4%
/ 33%
0.35%
/ 5%
✗ NOT HALAL
S&P 694.9%
/ 33%
138.4%
/ 33%
1485.2%
/ 33%
0.35%
/ 5%
✗ NOT HALAL
FTSE 30.1%
/ 33%
6.0%
/ 33%
64.4%
/ 50%
0.35%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-5.67
P/B Ratio
-0.5
EV/EBITDA
-1.8
EV: $344M
Revenue
$980M
Growth: -61.1%
Beta
0.5
Low volatility
Current Ratio
1.1

Profitability

Gross Margin -20.1%
Operating Margin -202.4%
Net Margin -39.7%
Return on Equity (ROE) -1437.5%
Return on Assets (ROA) -12.4%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow-$5M
Total Debt$363M
Current Ratio1.1
Total Assets$1.2B

Price & Trading

Last Close$1.61
50-Day MA$1.55
200-Day MA$3.43
Avg Volume124K
Beta0.5
52-Week Range
$0.65
$5.34

About Southland Holdings, Inc. (SLND)

CEO
Mr. Frankie S. Renda
Employees
1,800
Sector
Industrials
Industry
Engineering & Construction
Country
United States
Exchange
NYSE
Market Cap
$66M
Currency
USD

Southland Holdings, Inc. engages in specialty infrastructure construction business in North America. The company operates through Civil and Transportation segments. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, as well as convention centers, sports stadiums, marine facilities, and ferris wheels. The company was founded in 1900 and is headquartered in Grapevine, Texas.

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Frequently Asked Questions

Is Southland Holdings, Inc. (SLND) halal to invest in?

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

Southland Holdings, Inc.'s debt ratio is 694.9% 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 30.1%.

What are Southland Holdings, Inc.'s key financial metrics?

Southland Holdings, Inc. has a market capitalization of $66M, and revenue of $980M. The company maintains a gross margin of -20.1% and a net margin of -39.7%. Return on equity stands at -1437.5%.

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.