Is TEN Holdings, Inc. (XHLD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 120.5% / 30% | 0.9% / 30% | 10.0% / 30% | 0.86% / 5% | ✗ NOT HALAL |
| DJIM | 120.5% / 33% | 0.9% / 33% | 10.0% / 33% | 0.86% / 5% | ✗ NOT HALAL |
| MSCI | 96.4% / 33% | 0.7% / 33% | 8.0% / 33% | 0.86% / 5% | ✗ NOT HALAL |
| S&P | 120.5% / 33% | 0.9% / 33% | 10.0% / 33% | 0.86% / 5% | ✗ NOT HALAL |
| FTSE | 96.4% / 33% | 0.7% / 33% | 8.0% / 50% | 0.86% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 78.6% | |
| Operating Margin | -761.8% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -1456.4% | |
| Return on Assets (ROA) | -91.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$4M |
| Total Debt | $6M |
| Debt-to-Equity | 118.6 |
| Current Ratio | 1.4 |
| Total Assets | $6M |
Price & Trading
| Last Close | $1.25 |
| 50-Day MA | $1.83 |
| 200-Day MA | $3.71 |
| Avg Volume | 3.2M |
|
52-Week Range
$1.03
| |
About TEN Holdings, Inc. (XHLD)
TEN Holdings, Inc. provides event planning, production, and broadcasting services in the United States. The company organizes virtual, hybrid, self-service, and physical events, including conferences, marketing events, product launches, trainings, and investors and shareholder meetings. Its events are enabled by its Xyvid Pro and TEN Pro platforms, which are internet-based broadcast platforms with interactive engagement tools designed to provide web broadcast audiences with a dynamic, interactive, and engaging virtual event experience. The company also provides live streaming and video recording for physical events; video editing and production; and a custom on-demand video library for finished video content to be viewed and downloaded. It serves a range of industries, such as technology firms, healthcare organizations, educational institutions, and marketing and advertising agencies, as well as nonprofits and associations. The company was formerly known as The Events Network, Inc. and changed its name to TEN Holdings, Inc. in June 2024. The company was founded in 2011 and is headquartered in Langhorne, Pennsylvania.
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Frequently Asked Questions
Is TEN Holdings, Inc. (XHLD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TEN Holdings, 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 TEN Holdings, Inc.'s debt ratio?
TEN Holdings, Inc.'s debt ratio is 120.5% 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 96.4%.
What are TEN Holdings, Inc.'s key financial metrics?
TEN Holdings, Inc. has a market capitalization of $4M, and revenue of $4M. Return on equity stands at -1456.4%.
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.