Is Sono Group N.V. (SSM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 238.2% / 30% | 13.1% / 30% | 0.0% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 238.2% / 33% | 13.1% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 808.4% / 33% | 44.4% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 238.2% / 33% | 13.1% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 808.4% / 33% | 44.4% / 33% | 0.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.6% | |
| Operating Margin | -3206.1% | |
| Net Margin | 1709.9% | |
| Return on Assets (ROA) | -88.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$15M |
| Free Cash Flow | -$15M |
| Total Debt | $25M |
| Debt-to-Equity | 23.4 |
| Current Ratio | 3.2 |
| Total Assets | $3M |
Price & Trading
| Last Close | $6.45 |
| 50-Day MA | $7.02 |
| 200-Day MA | $7.23 |
| Avg Volume | 3K |
| Beta | 11.4 |
|
52-Week Range
$4.00
| |
About Sono Group N.V. (SSM)
Sono Group N.V. provides solar-powered mobility solutions and solar integration products for the commercial vehicle and automotive industry. The company offers a range of solar integration solutions, including Solar Bus Kit and solar kits for trucks, vans, RVs, refrigeration trailers, and other applications. It also provides complete solar solutions comprising solar panels, telematics and dashboard services, and electrical interfaces and custom integration concepts; solar charge controller (MCU), such as high voltage system and low voltage system; solar modules; and data services and engineering services, such as data service and dashboard integration, electrical interface creation, testing and validation, and custom engineering services. Sono Group N.V. was founded in 2016 and is headquartered in Munich, Germany
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Frequently Asked Questions
Is Sono Group N.V. (SSM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sono Group N.V. 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 Sono Group N.V.'s debt ratio?
Sono Group N.V.'s debt ratio is 238.2% 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 808.4%.
What are Sono Group N.V.'s key financial metrics?
Sono Group N.V. has a market capitalization of $9M, trailing P/E ratio of 5.7. The company maintains a gross margin of 43.6% and a net margin of 1709.9%.
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.