Is SYPRIS SOLUTIONS INC (SYPR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.7% / 30% | 11.6% / 30% | 18.3% / 30% | 0.87% / 5% | ✓ HALAL |
| DJIM | 20.7% / 33% | 11.6% / 33% | 18.3% / 33% | 0.87% / 5% | ✓ HALAL |
| MSCI | 14.4% / 33% | 8.1% / 33% | 12.8% / 33% | 0.87% / 5% | ✓ HALAL |
| S&P | 20.7% / 33% | 11.6% / 33% | 18.3% / 33% | 0.87% / 5% | ✓ HALAL |
| FTSE | 14.4% / 33% | 8.1% / 33% | 12.8% / 50% | 0.87% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.9% | |
| Operating Margin | -10.9% | |
| Net Margin | -1.9% | |
| Return on Equity (ROE) | -12.1% | |
| Return on Assets (ROA) | -1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $921,000 |
| Total Debt | $17M |
| Debt-to-Equity | 147.3 |
| Current Ratio | 1.5 |
| Total Assets | $119M |
Price & Trading
| Last Close | $3.05 |
| 50-Day MA | $3.31 |
| 200-Day MA | $2.43 |
| Avg Volume | 242K |
| Beta | 0.8 |
|
52-Week Range
$1.51
| |
About SYPRIS SOLUTIONS INC (SYPR)
Sypris Solutions, Inc. engages in the provision of truck components, oil and gas and water pipeline components, and aerospace and defense electronics primarily in North America and Mexico. It operates in two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged, machined, welded, and heat-treated steel components for the commercial vehicle, off highway vehicle, recreational vehicle, automotive, industrial, light truck, and energy markets. This segment also produces drive train components, including axle shafts, transmission shafts, gear sets, steer axle knuckles, and other components for automotive, truck, and recreational vehicle manufacturers. In addition, this segment provides value added operations for drive train assemblies; and manufactures pressurized closures, insulated joints, and other fabricated and specialty products for oil and gas, water pipelines, and miscellaneous industrial applications, as well as related energy markets. The Sypris Electronics segment engages in circuit card and full box build manufacturing, high reliability manufacturing, systems assembly and integration, design for manufacturability, and design to specification work for customers in the aerospace, defense, space, and other high-reliability electronics markets. This segment also provides circuit card assemblies for electronic sensors and systems, including radar systems, tactical ground stations, navigation systems, weapons systems, and targeting and warning systems; and value-added solutions, such as low-volume prototype assembly and high-volume turnkey manufacturing. The company also offers engineering design and repair or inspection services. In addition, it sells its engineered products under the Tube Turns brand. Sypris Solutions, Inc. was incorporated in 1997 and is headquartered in Louisville, Kentucky.
Purification Calculator
As a halal stock with 0.87% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SYPRIS SOLUTIONS INC (SYPR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SYPRIS SOLUTIONS INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is SYPRIS SOLUTIONS INC's debt ratio?
SYPRIS SOLUTIONS INC's debt ratio is 20.7% 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 14.4%.
Does SYPRIS SOLUTIONS INC require dividend purification?
Yes, SYPRIS SOLUTIONS INC has an impermissible income ratio of 0.87%, which means 0.87% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are SYPRIS SOLUTIONS INC's key financial metrics?
SYPRIS SOLUTIONS INC has a market capitalization of $65M, and revenue of $140M. The company maintains a gross margin of 10.9% and a net margin of -1.9%. Return on equity stands at -12.1%.
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.