Is WESTPORT FUEL SYSTEMS INC. (WPRT) Halal?

NASDAQ Consumer Cyclical Canada $32M
✗ NOT HALAL
Confidence: 90/100
WESTPORT FUEL SYSTEMS INC. (WPRT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 152.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. WESTPORT FUEL SYSTEMS INC. operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 152.0%
/ 30%
107.2%
/ 30%
210.4%
/ 30%
0.38%
/ 5%
✗ NOT HALAL
DJIM 152.0%
/ 33%
107.2%
/ 33%
210.4%
/ 33%
0.38%
/ 5%
✗ NOT HALAL
MSCI 18.1%
/ 33%
12.8%
/ 33%
25.1%
/ 33%
0.38%
/ 5%
✓ HALAL
S&P 152.0%
/ 33%
107.2%
/ 33%
210.4%
/ 33%
0.38%
/ 5%
✗ NOT HALAL
FTSE 18.1%
/ 33%
12.8%
/ 33%
25.1%
/ 50%
0.38%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.44
P/B Ratio
0.4
EV/EBITDA
71.2
EV: $5M
Revenue
$302M
Growth: -66.8%
Beta
2.2
High volatility
Current Ratio
2.4

Profitability

Gross Margin 20.0%
Operating Margin -397.5%
Net Margin -20.9%
Return on Equity (ROE) -21.6%
Return on Assets (ROA) -2.1%

Cash Flow & Balance Sheet

Operating Cash Flow$7M
Free Cash Flow-$10M
Total Debt$53M
Debt-to-Equity7.1
Current Ratio2.4
Total Assets$292M

Price & Trading

Last Close$1.86
50-Day MA$2.01
200-Day MA$2.37
Avg Volume70K
Beta2.2
52-Week Range
$1.54
$4.15

About WESTPORT FUEL SYSTEMS INC. (WPRT)

CEO
Mr. Daniel Sceli
Employees
1,509
Website
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Canada
Exchange
NASDAQ
Market Cap
$32M
Currency
USD

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through four segments: Cespira, Light-Duty, High-Pressure Controls and Systems, and Heavy-Duty OEM. It offers alternative fuel, such as hydrogen (H2), liquefied natural gas (LNG), biogas, biomethane, renewable natural gas (RNG), compressed natural gas (CNG), and liquefied petroleum gas (LPG); and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits, and high-pressure hydrogen components. The company also provides LNG HPDI fuel system products to engine manufacturers and commercial vehicle original equipment manufacturers. In addition, it offers direct injection engine technology and fuel storage solutions to original equipment manufacturers, delayed original equipment manufacturers, and independent aftermarkets. It provides its products under the BRC, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, Valtek, Cespira, STAKO, AFS, Emer, and GFI brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

Related Halal Stocks in Consumer Cyclical

Frequently Asked Questions

Is WESTPORT FUEL SYSTEMS INC. (WPRT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WESTPORT FUEL SYSTEMS INC. 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 WESTPORT FUEL SYSTEMS INC.'s debt ratio?

WESTPORT FUEL SYSTEMS INC.'s debt ratio is 152.0% 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 18.1%.

What are WESTPORT FUEL SYSTEMS INC.'s key financial metrics?

WESTPORT FUEL SYSTEMS INC. has a market capitalization of $32M, and revenue of $302M. The company maintains a gross margin of 20.0% and a net margin of -20.9%. Return on equity stands at -21.6%.

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.