Is VTAK (VTAK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 72.9% / 30% | 117.2% / 30% | 2.9% / 30% | 19.29% / 5% | ✗ NOT HALAL |
| DJIM | 72.9% / 33% | 117.2% / 33% | 2.9% / 33% | 19.29% / 5% | ✗ NOT HALAL |
| MSCI | 6.4% / 33% | 10.3% / 33% | 0.3% / 33% | 19.29% / 5% | ✗ NOT HALAL |
| S&P | 72.9% / 33% | 117.2% / 33% | 2.9% / 33% | 19.29% / 5% | ✗ NOT HALAL |
| FTSE | 6.4% / 33% | 10.3% / 33% | 0.3% / 50% | 19.29% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 92.6% | |
| Operating Margin | -1336.7% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -181.3% | |
| Return on Assets (ROA) | -29.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$9M |
| Total Debt | $2M |
| Debt-to-Equity | 27.7 |
| Current Ratio | 0.5 |
| Total Assets | $28M |
Price & Trading
| Last Close | $1.11 |
| 50-Day MA | $1.66 |
| 200-Day MA | $2.69 |
| Avg Volume | 1.1M |
| Beta | -0.2 |
|
52-Week Range
$1.05
| |
About VTAK (VTAK)
Catheter Precision, Inc. designs, manufactures, and sells medical technologies for the field of cardiac electrophysiology (EP) in the United States. The company's lead product is View into Ventricular Onset System, a non-invasive imaging system that offers 3D cardiac mapping to help with localizing the sites of origin of idiopathic ventricular arrhythmias in patients with structurally normal hearts prior to EP procedures. It also offers LockeT, a suture retention device that temporarily secure sutures and aid clinicians in locating and removing sutures. Catheter Precision, Inc. was formerly known as Catheter Robotics Inc. The company was founded in 2007 and is based in Fort Mill, South Carolina.
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Frequently Asked Questions
Is VTAK (VTAK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VTAK 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 VTAK's debt ratio?
VTAK's debt ratio is 72.9% 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 6.4%.
What are VTAK's key financial metrics?
VTAK has a market capitalization of $3M, trailing P/E ratio of 0.0, and revenue of $420,000. Return on equity stands at -181.3%.
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.