Is Toppoint Holdings Inc. (TOPP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.9% / 30% | 3.6% / 30% | 8.2% / 30% | 5.3% / 5% | ✗ NOT HALAL |
| DJIM | 10.9% / 33% | 3.6% / 33% | 8.2% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| MSCI | 34.3% / 33% | 11.2% / 33% | 25.9% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| S&P | 10.9% / 33% | 3.6% / 33% | 8.2% / 33% | 5.3% / 5% | ✗ NOT HALAL |
| FTSE | 34.3% / 33% | 11.2% / 33% | 25.9% / 50% | 5.3% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 3.0% | |
| Operating Margin | -26.9% | |
| Net Margin | -44.4% | |
| Return on Equity (ROE) | -131.6% | |
| Return on Assets (ROA) | -57.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$593,734 |
| Free Cash Flow | -$2M |
| Total Debt | $2M |
| Debt-to-Equity | 17.0 |
| Current Ratio | 3.2 |
| Total Assets | $5M |
Price & Trading
| Last Close | $0.75 |
| 50-Day MA | $0.81 |
| 200-Day MA | $1.36 |
| Avg Volume | 67K |
|
52-Week Range
$0.67
| |
About Toppoint Holdings Inc. (TOPP)
Toppoint Holdings Inc., through its subsidiary, Toppoint Inc., provides truckload services and solutions focused on the recycling export supply chain in the United States. The company transports food waste, wastepaper, scrap metal, logs, batteries, and import products; and manages 20', 40', and 45' containers, including refrigerated and Hazmat cargo. It also coordinates import brokers to customer's docks. In addition, the company offers trucking services for plastic and other commodities, as well as provides logistics brokerage solutions. It serves waste and recycling companies, recycling centers, and commodity traders. The company was founded in 2014 and is headquartered in North Wales, Pennsylvania.
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Frequently Asked Questions
Is Toppoint Holdings Inc. (TOPP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Toppoint 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 Toppoint Holdings Inc.'s debt ratio?
Toppoint Holdings Inc.'s debt ratio is 10.9% 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 34.3%.
What are Toppoint Holdings Inc.'s key financial metrics?
Toppoint Holdings Inc. has a market capitalization of $15M, and revenue of $16M. The company maintains a gross margin of 3.0% and a net margin of -44.4%. Return on equity stands at -131.6%.
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.