Is Sow Good Inc. (SOWG) Halal?

NASDAQ Consumer Defensive United States $6M
✗ NOT HALAL
Confidence: 90/100
Sow Good Inc. (SOWG) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 390.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Sow Good Inc. operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 390.6%
/ 30%
71.4%
/ 30%
8.8%
/ 30%
0.43%
/ 5%
✗ NOT HALAL
DJIM 390.6%
/ 33%
71.4%
/ 33%
8.8%
/ 33%
0.43%
/ 5%
✗ NOT HALAL
MSCI 37.2%
/ 33%
6.8%
/ 33%
0.8%
/ 33%
0.43%
/ 5%
✗ NOT HALAL
S&P 390.6%
/ 33%
71.4%
/ 33%
8.8%
/ 33%
0.43%
/ 5%
✗ NOT HALAL
FTSE 37.2%
/ 33%
6.8%
/ 33%
0.8%
/ 50%
0.43%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-1.96
P/B Ratio
0.3
EV/EBITDA
-0.5
EV: $10M
Revenue
$32M
Growth: -56.3%
Beta
2.1
High volatility
Current Ratio
4.1

Profitability

Gross Margin -126.4%
Operating Margin -810.8%
Net Margin 0.0%
Return on Equity (ROE) -84.2%
Return on Assets (ROA) -34.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$9M
Free Cash Flow-$15M
Total Debt$20M
Debt-to-Equity25.2
Current Ratio4.1
Total Assets$55M

Price & Trading

Last Close$0.51
50-Day MA$0.52
200-Day MA$0.68
Avg Volume1.7M
Beta2.1
52-Week Range
$0.23
$2.12

About Sow Good Inc. (SOWG)

CEO
Mr. David Elliot Lazar
Employees
86
Sector
Consumer Defensive
Industry
Confectioners
Country
United States
Exchange
NASDAQ
Market Cap
$6M
Currency
USD

Sow Good Inc. manufactures and sells freeze-dried candy and snack products in the United States. It markets its products through direct-to-consumer websites and other social media presence, as well as through business-to-business sales channels. The company offers its products under the Sow Good brand name. The company was formerly known as Black Ridge Oil & Gas, Inc. and changed its name to Sow Good Inc. in January 2021. Sow Good Inc. was incorporated in 2010 and is based in Irving, Texas.

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Frequently Asked Questions

Is Sow Good Inc. (SOWG) halal to invest in?

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

Sow Good Inc.'s debt ratio is 390.6% 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 37.2%.

What are Sow Good Inc.'s key financial metrics?

Sow Good Inc. has a market capitalization of $6M, and revenue of $32M. Return on equity stands at -84.2%.

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.