Is Virgin Galactic Holdings, Inc (SPCE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 228.0% / 30% | 305.6% / 30% | 0.0% / 30% | 601.93% / 5% | ✗ NOT HALAL |
| DJIM | 228.0% / 33% | 305.6% / 33% | 0.0% / 33% | 601.93% / 5% | ✗ NOT HALAL |
| MSCI | 43.7% / 33% | 58.6% / 33% | 0.0% / 33% | 601.93% / 5% | ✗ NOT HALAL |
| S&P | 228.0% / 33% | 305.6% / 33% | 0.0% / 33% | 601.93% / 5% | ✗ NOT HALAL |
| FTSE | 43.7% / 33% | 58.6% / 33% | 0.0% / 50% | 601.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -18127.7% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -98.9% | |
| Return on Assets (ROA) | -20.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$353M |
| Free Cash Flow | -$475M |
| Total Debt | $420M |
| Debt-to-Equity | 211.7 |
| Current Ratio | 2.9 |
| Total Assets | $961M |
Price & Trading
| Last Close | $2.39 |
| 50-Day MA | $2.64 |
| 200-Day MA | $3.27 |
| Avg Volume | 3.2M |
| Beta | 2.3 |
|
52-Week Range
$2.18
| |
About Virgin Galactic Holdings, Inc (SPCE)
Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. The company is headquartered in Tustin, California.
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Frequently Asked Questions
Is Virgin Galactic Holdings, Inc (SPCE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Virgin Galactic 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 Virgin Galactic Holdings, Inc's debt ratio?
Virgin Galactic Holdings, Inc's debt ratio is 228.0% 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 43.7%.
What are Virgin Galactic Holdings, Inc's key financial metrics?
Virgin Galactic Holdings, Inc has a market capitalization of $165M, and revenue of $7M. Return on equity stands at -98.9%.
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.