Is WIDEPOINT CORP (WYY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.8% / 30% | 14.8% / 30% | 95.5% / 30% | 0.15% / 5% | ✗ NOT HALAL |
| DJIM | 10.8% / 33% | 14.8% / 33% | 95.5% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| MSCI | 6.9% / 33% | 9.5% / 33% | 61.1% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| S&P | 10.8% / 33% | 14.8% / 33% | 95.5% / 33% | 0.15% / 5% | ✗ NOT HALAL |
| FTSE | 6.9% / 33% | 9.5% / 33% | 61.1% / 50% | 0.15% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 14.0% | |
| Operating Margin | -1.9% | |
| Net Margin | -1.8% | |
| Return on Equity (ROE) | -21.9% | |
| Return on Assets (ROA) | -2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $5M |
| Debt-to-Equity | 40.6 |
| Current Ratio | 1.0 |
| Total Assets | $72M |
Price & Trading
| Last Close | $4.77 |
| 50-Day MA | $5.40 |
| 200-Day MA | $5.13 |
| Avg Volume | 40K |
|
52-Week Range
$2.19
| |
About WIDEPOINT CORP (WYY)
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe. It offers TMaaS solutions through a secure federal government certified proprietary portal and through a secure enterprise portal that provides customers with the ability to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments. The company's managed solutions include telecom lifecycle management that provides customers a full visibility of its telecom assets; and mobile and identity management, a multifactor authentication solution to conduct business through a secure portal, as well as mobile security solutions that protects users, devices, and corporate resources, including effective mobile program policies. It also provides digital billing and unified communications analytics solutions to large communications service providers that enable its customers to view and analyze the bills online. In addition, the company offers IT as a service, including cybersecurity, cloud services, network operations, and professional services; outsourcing solutions, such as hardware, software, and network and associated management; development operations support, artificial intelligence implementation, and the Microsoft stack of technologies; and migration to the cloud services. Further, it provides carrier services comprising phone, data and satellite, and related mobile services for a connected device or end point. The company was founded in 1991 and is headquartered in Fairfax, Virginia.
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Frequently Asked Questions
Is WIDEPOINT CORP (WYY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WIDEPOINT 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 WIDEPOINT CORP's debt ratio?
WIDEPOINT CORP's debt ratio is 10.8% 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 6.9%.
What are WIDEPOINT CORP's key financial metrics?
WIDEPOINT CORP has a market capitalization of $46M, and revenue of $143M. The company maintains a gross margin of 14.0% and a net margin of -1.8%. Return on equity stands at -21.9%.
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.