Is SCWorx Corp. (WORX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.4% / 30% | 5.5% / 30% | 19.3% / 30% | 7.61% / 5% | ✗ NOT HALAL |
| DJIM | 2.4% / 33% | 5.5% / 33% | 19.3% / 33% | 7.61% / 5% | ✗ NOT HALAL |
| MSCI | 0.7% / 33% | 1.7% / 33% | 5.9% / 33% | 7.61% / 5% | ✗ NOT HALAL |
| S&P | 2.4% / 33% | 5.5% / 33% | 19.3% / 33% | 7.61% / 5% | ✗ NOT HALAL |
| FTSE | 0.7% / 33% | 1.7% / 33% | 5.9% / 50% | 7.61% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.1% | |
| Operating Margin | -19.7% | |
| Net Margin | -139.7% | |
| Return on Equity (ROE) | -74.2% | |
| Return on Assets (ROA) | -10.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $47,029 |
| Debt-to-Equity | 2.5 |
| Current Ratio | 1.1 |
| Total Assets | $6M |
Price & Trading
| Last Close | $0.13 |
| 50-Day MA | $0.20 |
| 200-Day MA | $0.29 |
| Avg Volume | 14.1M |
| Beta | 2.0 |
|
52-Week Range
$0.11
| |
About SCWorx Corp. (WORX)
SCWorx Corp., together with its subsidiaries, provides data content and services related to the repair, normalization and interoperability of information for healthcare providers in the United States. The company develops and markets healthcare information technology solutions and associated services that improve healthcare processes and information flow within hospitals and other healthcare facilities. Its software modules perform separate functions, such as virtualized item master file repair, expansion, and automation; electronic medical record management; charge description master management; contract management; request for proposal automation; integration of acquired businesses; rebate management; big data analytics model; and data integration and warehousing. The company sells its solutions and services to hospitals and health systems through a direct sales force, and distribution and reseller partnerships. SCWorx Corp. is based in Tampa, Florida.
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Frequently Asked Questions
Is SCWorx Corp. (WORX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SCWorx 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 SCWorx Corp.'s debt ratio?
SCWorx Corp.'s debt ratio is 2.4% 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 0.7%.
What are SCWorx Corp.'s key financial metrics?
SCWorx Corp. has a market capitalization of $2M, and revenue of $3M. The company maintains a gross margin of 26.1% and a net margin of -139.7%. Return on equity stands at -74.2%.
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.