Is TSS, Inc. (TSSI) Halal?

NASDAQ Technology United States $337M
✓ HALAL
Confidence: 95/100
TSS, Inc. (TSSI) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 12.5% against the AAOIFI threshold of 30%, TSS, Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Information Technology Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.5%
/ 30%
8.9%
/ 30%
6.5%
/ 30%
0.38%
/ 5%
✓ HALAL
DJIM 12.5%
/ 33%
8.9%
/ 33%
6.5%
/ 33%
0.38%
/ 5%
✓ HALAL
MSCI 33.9%
/ 33%
24.0%
/ 33%
17.7%
/ 33%
0.38%
/ 5%
✗ NOT HALAL
S&P 12.5%
/ 33%
8.9%
/ 33%
6.5%
/ 33%
0.38%
/ 5%
✓ HALAL
FTSE 33.9%
/ 33%
24.0%
/ 33%
17.7%
/ 50%
0.38%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
20.9
EPS
$0.56
P/B Ratio
4.2
EV/EBITDA
19.5
EV: $281M
Revenue
$148M
Growth: 21.8%
Beta
2.2
High volatility
Current Ratio
1.6

Profitability

Gross Margin 14.3%
Operating Margin 8.6%
Net Margin 6.2%
Return on Equity (ROE) 36.1%
Return on Assets (ROA) 4.7%

Cash Flow & Balance Sheet

Operating Cash Flow$15M
Free Cash Flow$7M
Total Debt$33M
Debt-to-Equity54.3
Current Ratio1.6
Total Assets$97M

Price & Trading

Last Close$12.72
50-Day MA$10.19
200-Day MA$15.10
Avg Volume1.5M
Beta2.2
52-Week Range
$5.63
$31.94

About TSS, Inc. (TSSI)

CEO
Mr. Darryll E. Dewan
Employees
286
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NASDAQ
Market Cap
$337M
Currency
USD

TSS, Inc. engages in the planning, design, deployment, maintenance, and refresh of end-user and enterprise systems in the United States. The company operates through three segments: Procurement, Facilities Management, and Systems Integration. The company offers IT equipment deployment services, including client products, enterprise products, clusters, and modular containers; and second-touch configuration services for OEM and end-user customers, such as adding software, hardware, or other features to end-user devices, bundling such devices with peripherals, pre-loading customer-determined application software, tagging, asset capture, and other fulfillment services. It also provides consulting, deployment, and maintenance and management services. In addition, the company is involved in procuring third-party hardware and software, as well as provides professional services. The company serves IT OEM equipment, technology, and service companies; private sector businesses; and government or commercial end users. The company was formerly known as Fortress International Group, Inc. and changed its name to TSS, Inc. in June 2013. TSS, Inc. was incorporated in 2004 and is based in Georgetown, Texas.

Purification Calculator

As a halal stock with 0.38% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is TSS, Inc. (TSSI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TSS, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is TSS, Inc.'s debt ratio?

TSS, Inc.'s debt ratio is 12.5% 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 33.9%.

Does TSS, Inc. require dividend purification?

Yes, TSS, Inc. has an impermissible income ratio of 0.38%, which means 0.38% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are TSS, Inc.'s key financial metrics?

TSS, Inc. has a market capitalization of $337M, trailing P/E ratio of 20.9, and revenue of $148M. The company maintains a gross margin of 14.3% and a net margin of 6.2%. Return on equity stands at 36.1%.

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.