Is Townsquare Media, Inc. (TSQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 434.3% / 30% | 27.6% / 30% | 50.7% / 30% | 0.14% / 5% | ✗ NOT HALAL |
| DJIM | 434.3% / 33% | 27.6% / 33% | 50.7% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| MSCI | 89.4% / 33% | 5.7% / 33% | 10.4% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| S&P | 434.3% / 33% | 27.6% / 33% | 50.7% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| FTSE | 89.4% / 33% | 5.7% / 33% | 10.4% / 50% | 0.14% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.3% | |
| Operating Margin | 13.2% | |
| Net Margin | -2.7% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $31M |
| Free Cash Flow | $15M |
| Total Debt | $483M |
| Current Ratio | 0.8 |
| Total Assets | $529M |
Price & Trading
| Last Close | $5.02 |
| 50-Day MA | $6.51 |
| 200-Day MA | $6.46 |
| Avg Volume | 172K |
| Beta | 1.0 |
|
52-Week Range
$4.30
| |
About Townsquare Media, Inc. (TSQ)
Townsquare Media, Inc., together with its subsidiaries, operates as a digital and broadcast media, and digital marketing solutions company for small and medium-sized businesses in the United States. It operates through Subscription Digital Marketing Solutions, Digital Advertising, Broadcast Advertising, and Other segments. The Subscription Digital Marketing Solutions segment offers Townsquare Business Management Platform, a SAAS solution that provides website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer relationship management, and email and SMS marketing services. Its Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. Its Other segment owns and operates live events, including concerts, expositions, and other experiential events. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.
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Frequently Asked Questions
Is Townsquare Media, Inc. (TSQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Townsquare Media, 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 Townsquare Media, Inc.'s debt ratio?
Townsquare Media, Inc.'s debt ratio is 434.3% 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 89.4%.
What are Townsquare Media, Inc.'s key financial metrics?
Townsquare Media, Inc. has a market capitalization of $85M, and revenue of $427M. The company maintains a gross margin of 22.3% and a net margin of -2.7%.
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.