Is TruGolf Holdings, Inc. (TRUG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Leisure | ✗ NOT HALAL | |||
| DJIM | Excluded — Leisure | ✗ NOT HALAL | |||
| MSCI | Excluded — Leisure | ✗ NOT HALAL | |||
| S&P | Excluded — Leisure | ✗ NOT HALAL | |||
| FTSE | Excluded — Leisure | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 61.6% | |
| Operating Margin | -27.1% | |
| Net Margin | -93.1% | |
| Return on Assets (ROA) | -17.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$6M |
| Total Debt | $9M |
| Debt-to-Equity | 69.8 |
| Current Ratio | 1.3 |
| Total Assets | $17M |
Price & Trading
| Last Close | $4.90 |
| 50-Day MA | $7.15 |
| 200-Day MA | $26.89 |
| Avg Volume | 602K |
| Beta | -1.0 |
|
52-Week Range
$3.50
| |
About TruGolf Holdings, Inc. (TRUG)
TruGolf Holdings, Inc., through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States. The company offers portable, professional, commercial, and custom simulators. It also provides E6 Connect and E6 Apex software, as well as other gaming software. In addition, the company leverages its hardware and software platform to create a collection of multi-sport games, including football, soccer, soccer golf, frisbee golf, zombie dodgeball, and cowboy target practice. TruGolf Holdings, Inc. was founded in 1982 and is headquartered in Centerville, Utah.
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Frequently Asked Questions
Is TruGolf Holdings, Inc. (TRUG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TruGolf 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 TruGolf Holdings, Inc.'s debt ratio?
TruGolf Holdings, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are TruGolf Holdings, Inc.'s key financial metrics?
TruGolf Holdings, Inc. has a market capitalization of $2M, and revenue of $22M. The company maintains a gross margin of 61.6% and a net margin of -93.1%.
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.