Is TOYO Co., Ltd (TOYO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.6% / 30% | 4.9% / 30% | 6.8% / 30% | 20.17% / 5% | ✗ NOT HALAL |
| DJIM | 26.6% / 33% | 4.9% / 33% | 6.8% / 33% | 20.17% / 5% | ✗ NOT HALAL |
| MSCI | 30.7% / 33% | 5.7% / 33% | 7.8% / 33% | 20.17% / 5% | ✗ NOT HALAL |
| S&P | 26.6% / 33% | 4.9% / 33% | 6.8% / 33% | 20.17% / 5% | ✗ NOT HALAL |
| FTSE | 30.7% / 33% | 5.7% / 33% | 7.8% / 50% | 20.17% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.3% | |
| Operating Margin | 7.0% | |
| Net Margin | 13.7% | |
| Return on Equity (ROE) | 32.7% | |
| Return on Assets (ROA) | -0.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $47M |
| Free Cash Flow | $2M |
| Total Debt | $74M |
| Debt-to-Equity | 212.6 |
| Current Ratio | 0.5 |
| Total Assets | $240M |
Price & Trading
| Last Close | $7.94 |
| 50-Day MA | $8.03 |
| 200-Day MA | $6.23 |
| Avg Volume | 85K |
| Beta | 0.8 |
|
52-Week Range
$2.57
| |
About TOYO Co., Ltd (TOYO)
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. The company designs, manufactures, and sells solar cells and modules, and related products. TOYO Co., Ltd. is headquartered in Tokyo, Japan.
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Frequently Asked Questions
Is TOYO Co., Ltd (TOYO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TOYO Co., Ltd 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 TOYO Co., Ltd's debt ratio?
TOYO Co., Ltd's debt ratio is 26.6% 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 30.7%.
What are TOYO Co., Ltd's key financial metrics?
TOYO Co., Ltd has a market capitalization of $298M, trailing P/E ratio of 10.5, and revenue of $177M. The company maintains a gross margin of 10.3% and a net margin of 13.7%. Return on equity stands at 32.7%.
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.