Is XWELL, Inc. (XWEL) Halal?

NASDAQ Healthcare United States $7M
✗ NOT HALAL
Confidence: 90/100
XWELL, Inc. (XWEL) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 141.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. XWELL, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 141.4%
/ 30%
155.0%
/ 30%
23.6%
/ 30%
1.12%
/ 5%
✗ NOT HALAL
DJIM 141.4%
/ 33%
155.0%
/ 33%
23.6%
/ 33%
1.12%
/ 5%
✗ NOT HALAL
MSCI 42.5%
/ 33%
46.5%
/ 33%
7.1%
/ 33%
1.12%
/ 5%
✗ NOT HALAL
S&P 141.4%
/ 33%
155.0%
/ 33%
23.6%
/ 33%
1.12%
/ 5%
✗ NOT HALAL
FTSE 42.5%
/ 33%
46.5%
/ 33%
7.1%
/ 50%
1.12%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-3.34
P/B Ratio
-1.1
EV/EBITDA
-2.4
EV: $22M
Revenue
$34M
Growth: -12.8%
Beta
0.9
Average volatility
Current Ratio
1.1

Profitability

Gross Margin 19.3%
Operating Margin -3.8%
Net Margin -51.8%
Return on Equity (ROE) -159.0%
Return on Assets (ROA) -22.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$11M
Free Cash Flow-$13M
Total Debt$11M
Debt-to-Equity281.4
Current Ratio1.1
Total Assets$25M

Price & Trading

Last Close$1.29
50-Day MA$0.83
200-Day MA$0.91
Avg Volume9.1M
Beta0.9
52-Week Range
$0.26
$2.20

About XWELL, Inc. (XWEL)

CEO
Mr. Ezra T. Ernst
Employees
246
Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Exchange
NASDAQ
Market Cap
$7M
Currency
USD

XWELL, Inc. provides health and wellness services to travelers in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment provides traveler's spa services, including massage, and nail and skin care services, as well as spa and travel products. The XpresTest segment offers diagnostic COVID-19 tests to airport employees and traveling public at XpresCheck Wellness Centers in airports; operates the CDC's bio-surveillance program; and provides marketing support through HyperPointe business to various health and health-related channels. The Napple Wax Center segment offers skincare and cometic products, as well as face and body waxing services. The Treat segment provides access to wellness services for travelers at on-site centers. The company offers its services through stores and kiosks, as well as online. The company was formerly known as XpresSpa Group, Inc. and changed its name to XWELL, Inc. in October 2022. XWELL, Inc. is based in New York, New York.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is XWELL, Inc. (XWEL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), XWELL, 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 XWELL, Inc.'s debt ratio?

XWELL, Inc.'s debt ratio is 141.4% 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 42.5%.

What are XWELL, Inc.'s key financial metrics?

XWELL, Inc. has a market capitalization of $7M, and revenue of $34M. The company maintains a gross margin of 19.3% and a net margin of -51.8%. Return on equity stands at -159.0%.

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.