Is SANUWAVE Health, Inc. (SNWV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.8% / 30% | 5.2% / 30% | 1.7% / 30% | 70.86% / 5% | ✗ NOT HALAL |
| DJIM | 12.8% / 33% | 5.2% / 33% | 1.7% / 33% | 70.86% / 5% | ✗ NOT HALAL |
| MSCI | 84.7% / 33% | 34.0% / 33% | 11.1% / 33% | 70.86% / 5% | ✗ NOT HALAL |
| S&P | 12.8% / 33% | 5.2% / 33% | 1.7% / 33% | 70.86% / 5% | ✗ NOT HALAL |
| FTSE | 84.7% / 33% | 34.0% / 33% | 11.1% / 50% | 70.86% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 77.1% | |
| Operating Margin | 4.7% | |
| Net Margin | 26.8% | |
| Return on Assets (ROA) | 9.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $25M |
| Debt-to-Equity | 1418.8 |
| Current Ratio | 1.4 |
| Total Assets | $30M |
Price & Trading
| Last Close | $18.85 |
| 50-Day MA | $24.08 |
| 200-Day MA | $31.54 |
| Avg Volume | 56K |
| Beta | 1.4 |
|
52-Week Range
$16.72
| |
About SANUWAVE Health, Inc. (SNWV)
SANUWAVE Health, Inc. operates as a medical device company in the United States and internationally. It focuses on the commercialization of regenerative medicines through noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. The company markets UltraMist system, a medical device that uses non-thermal ultrasound to treat tissues using a fluid mist to transmit energy in a non-contact and pain free way for use in the treatment of acute and chronic wounds. The company was founded in 2004 and is headquartered in Eden Prairie, Minnesota.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is SANUWAVE Health, Inc. (SNWV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SANUWAVE Health, 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 SANUWAVE Health, Inc.'s debt ratio?
SANUWAVE Health, Inc.'s debt ratio is 12.8% 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 84.7%.
What are SANUWAVE Health, Inc.'s key financial metrics?
SANUWAVE Health, Inc. has a market capitalization of $160M, trailing P/E ratio of 45.4, and revenue of $33M. The company maintains a gross margin of 77.1% and a net margin of 26.8%.
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.