Is UTSTARCOM HOLDINGS CORP. (UTSI) Halal?

NASDAQ Technology China $23M
✗ NOT HALAL
Confidence: 90/100
UTSTARCOM HOLDINGS CORP. (UTSI) is Not Halal under AAOIFI Standard 21. While the debt ratio of 6.9% is acceptable, the cash and interest-bearing securities ratio of 191.5% exceeds the 30% threshold. UTSTARCOM HOLDINGS CORP. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 6.9%
/ 30%
191.5%
/ 30%
38.7%
/ 30%
25.66%
/ 5%
✗ NOT HALAL
DJIM 6.9%
/ 33%
191.5%
/ 33%
38.7%
/ 33%
25.66%
/ 5%
✗ NOT HALAL
MSCI 2.3%
/ 33%
64.6%
/ 33%
13.1%
/ 33%
25.66%
/ 5%
✗ NOT HALAL
S&P 6.9%
/ 33%
191.5%
/ 33%
38.7%
/ 33%
25.66%
/ 5%
✗ NOT HALAL
FTSE 2.3%
/ 33%
64.6%
/ 33%
13.1%
/ 50%
25.66%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.87
P/B Ratio
0.6
EV/EBITDA
1.3
EV: -$11M
Revenue
$11M
Growth: -15.8%
Beta
-0.1
Low volatility
Current Ratio
2.9

Profitability

Gross Margin 11.7%
Operating Margin -101.4%
Net Margin -88.5%
Return on Equity (ROE) -19.5%
Return on Assets (ROA) -8.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$4M
Free Cash Flow-$5M
Total Debt$2M
Debt-to-Equity3.1
Current Ratio2.9
Total Assets$68M

Price & Trading

Last Close$2.15
50-Day MA$2.45
200-Day MA$2.45
Avg Volume4K
Beta-0.1
52-Week Range
$1.84
$2.94

About UTSTARCOM HOLDINGS CORP. (UTSI)

CEO
Mr. Hua Li
Sector
Technology
Industry
Communication Equipment
Country
China
Exchange
NASDAQ
Market Cap
$23M
Currency
USD

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, and internationally. The company operates through Equipment and Services segments. Its products include converged packet transport, disaggregated router platform, packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products. The company also offers packet optical and network synchronization products, as well as broadband access products and solutions; and services and support for equipment products. It serves telecommunications operators, research institutions, solution providers, and equipment distributors. UTStarcom Holdings Corp. was founded in 1991 and is based in Hangzhou, China.

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Frequently Asked Questions

Is UTSTARCOM HOLDINGS CORP. (UTSI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), UTSTARCOM HOLDINGS CORP. 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 UTSTARCOM HOLDINGS CORP.'s debt ratio?

UTSTARCOM HOLDINGS CORP.'s debt ratio is 6.9% 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 2.3%.

What are UTSTARCOM HOLDINGS CORP.'s key financial metrics?

UTSTARCOM HOLDINGS CORP. has a market capitalization of $23M, and revenue of $11M. The company maintains a gross margin of 11.7% and a net margin of -88.5%. Return on equity stands at -19.5%.

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.