Is VirnetX Holding Corp (VHC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 51.1% / 30% | 0.0% / 30% | 44500.0% / 5% | ✗ NOT HALAL |
| DJIM | 0.0% / 33% | 51.1% / 33% | 0.0% / 33% | 44500.0% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 76.8% / 33% | 0.0% / 33% | 44500.0% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 51.1% / 33% | 0.0% / 33% | 44500.0% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 76.8% / 33% | 0.0% / 50% | 44500.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -12151.8% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -58.7% | |
| Return on Assets (ROA) | -29.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$15M |
| Free Cash Flow | -$15M |
| Debt-to-Equity | 34.9 |
| Current Ratio | 10.7 |
| Total Assets | $50M |
Price & Trading
| Last Close | $15.12 |
| 50-Day MA | $17.65 |
| 200-Day MA | $17.39 |
| Avg Volume | 23K |
| Beta | 2.3 |
|
52-Week Range
$6.60
| |
About VirnetX Holding Corp (VHC)
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it; and VirnetX Matrix that provides security for internet-enabled enterprise applications and their connected devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. VirnetX Holding Corporation was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.
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Frequently Asked Questions
Is VirnetX Holding Corp (VHC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VirnetX Holding 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 VirnetX Holding Corp's debt ratio?
VirnetX Holding Corp's debt ratio is 0.0% 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 0.0%.
What are VirnetX Holding Corp's key financial metrics?
VirnetX Holding Corp has a market capitalization of $60M, and revenue of $5,000. Return on equity stands at -58.7%.
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.