Is Venu Holding Corp (VENU) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.9% / 30% | 18.2% / 30% | 0.0% / 30% | 3.96% / 5% | ✓ HALAL |
| DJIM | 12.9% / 33% | 18.2% / 33% | 0.0% / 33% | 3.96% / 5% | ✓ HALAL |
| MSCI | 15.1% / 33% | 21.3% / 33% | 0.0% / 33% | 3.96% / 5% | ✓ HALAL |
| S&P | 12.9% / 33% | 18.2% / 33% | 0.0% / 33% | 3.96% / 5% | ✓ HALAL |
| FTSE | 15.1% / 33% | 21.3% / 33% | 0.0% / 50% | 3.96% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.2% | |
| Operating Margin | -185.2% | |
| Net Margin | -238.8% | |
| Return on Equity (ROE) | -30.2% | |
| Return on Assets (ROA) | -11.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4M |
| Free Cash Flow | -$69M |
| Total Debt | $27M |
| Debt-to-Equity | 34.3 |
| Current Ratio | 2.0 |
| Total Assets | $178M |
Price & Trading
| Last Close | $3.27 |
| 50-Day MA | $5.36 |
| 200-Day MA | $10.36 |
| Avg Volume | 290K |
|
52-Week Range
$3.06
| |
About Venu Holding Corp (VENU)
Venu Holding Corporation, an entertainment and hospitality company, designs, develops, owns, and operates up-scale music venues, outdoor amphitheaters, and full-service restaurants and bars in the United States. The company owns and operates indoor music hall venues under the Bourbon Brothers Presents name; outdoor music amphitheaters under The Sunset Amphitheater name; restaurants under the Bourbon Brothers Smokehouse & Tavern, Notes Eatery, Roth's Seafood & Chophouse, and Notes Hospitality Collection names; and bars under the Brohan's name. It also hosts events; and rents event space. The company was formerly known as Notes Live, Inc. and changed its name to Venu Holding Corporation in September 2024. Venu Holding Corporation was founded in 2017 and is based in Colorado Springs, Colorado.
Purification Calculator
As a halal stock with 3.96% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Venu Holding Corp (VENU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Venu Holding Corp 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 Venu Holding Corp's debt ratio?
Venu Holding Corp's debt ratio is 12.9% 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 15.1%.
Does Venu Holding Corp require dividend purification?
Yes, Venu Holding Corp has an impermissible income ratio of 3.96%, which means 3.96% 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 Venu Holding Corp's key financial metrics?
Venu Holding Corp has a market capitalization of $177M, and revenue of $18M. The company maintains a gross margin of 35.2% and a net margin of -238.8%. Return on equity stands at -30.2%.
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.