Is Kartoon Studios, Inc. (TOON) Halal?

NYSE Communication Services United States $33M
✗ NOT HALAL
Confidence: 90/100
Kartoon Studios, Inc. (TOON) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 54.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Kartoon Studios, Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 54.7%
/ 30%
32.3%
/ 30%
77.1%
/ 30%
0.52%
/ 5%
✗ NOT HALAL
DJIM 54.7%
/ 33%
32.3%
/ 33%
77.1%
/ 33%
0.52%
/ 5%
✗ NOT HALAL
MSCI 19.6%
/ 33%
11.6%
/ 33%
27.7%
/ 33%
0.52%
/ 5%
✓ HALAL
S&P 54.7%
/ 33%
32.3%
/ 33%
77.1%
/ 33%
0.52%
/ 5%
✗ NOT HALAL
FTSE 19.6%
/ 33%
11.6%
/ 33%
27.7%
/ 50%
0.52%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-0.55
P/B Ratio
1.3
EV/EBITDA
-5.2
EV: $53M
Revenue
$33M
Growth: 13.4%
Beta
2.2
High volatility
Current Ratio
0.8

Profitability

Gross Margin 28.6%
Operating Margin -29.3%
Net Margin -64.0%
Return on Equity (ROE) -75.5%
Return on Assets (ROA) -10.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$4M
Total Debt$17M
Debt-to-Equity80.4
Current Ratio0.8
Total Assets$85M

Price & Trading

Last Close$0.62
50-Day MA$0.64
200-Day MA$0.72
Avg Volume283K
Beta2.2
52-Week Range
$0.52
$0.93

About Kartoon Studios, Inc. (TOON)

CEO
Mr. Andrew A. Heyward
Employees
344
Sector
Communication Services
Industry
Entertainment
Country
United States
Exchange
NYSE
Market Cap
$33M
Currency
USD

Kartoon Studios Inc., a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Content Production and Distribution; and Media Advisory and Advertising Services. The company offers SuperKitties Season 2, a computer-generated animation shows for disney junior; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Phoebe & Jay, a preschool series for PBS kids; Unicorn Academy which offers netflix greenlit a second season of this children's fantasy-adventure series from spin master entertainment; and Kidaverse Roblox Rumble, an elimination-style competitive reality series featuring a diverse group of girls and boys. It also operates a kartoon channel network, Ameba TV, and channel frederator network, as well as distributes subscription video on demand services for kids. It serves various customers and partners, including broadcasters, consumer products licensees, and online platforms. The company was formerly known as Genius Brands International, Inc. and changed its name to Kartoon Studios Inc. in June 2023. Kartoon Studios Inc. was incorporated in 2006 and is headquartered in Beverly Hills, California.

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Frequently Asked Questions

Is Kartoon Studios, Inc. (TOON) halal to invest in?

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

Kartoon Studios, Inc.'s debt ratio is 54.7% 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 19.6%.

What are Kartoon Studios, Inc.'s key financial metrics?

Kartoon Studios, Inc. has a market capitalization of $33M, and revenue of $33M. The company maintains a gross margin of 28.6% and a net margin of -64.0%. Return on equity stands at -75.5%.

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.