Is Vinco Ventures stock halal to invest in?

Company Name
Company Symbol
Exchange
Vinco Ventures
BBIG
NASDAQ
BBIG
Halal
Vinco Ventures
NASDAQ

Warning: The result may change based on other methodologies. As of the recent update on Tuesday 7th of February 2023 , is considered as Halal based on FTSE methodology. To access full report and unlock the detailed results with associated ratios for 5 halal investment methodologies, you can click below.

Detailed report based on FTSE methodology

Activity filter

Main Activity
Activity test result
Software & IT Services
PASS

Vinco Ventures

Vinco Ventures, Inc., formerly Edison Nation Inc., is a consumer products and digital marketing company. The Company is focused on developing both product and people brand recognition through its digital marketing and technology platform. Its brands include Ferguson Containers, Best Party Concepts, Pirasta, 4keeps Roses, Edison Nation Medical, Smarter Specs, Human Earth (HMNRTH), Purple Mountain Clean, Uber Mom, 911 Help Now and Everyday Edisons. 911 Help Now brand offers an emergency response solution, which allows consumer to connect to emergency services. It's HMNRTH brand offers hemp derived products. It's 4keeps Roses brand offers a technology for preserving rose buds longer than fresh-cut flowers. The Company's Purple Mountain Clean brand offers hand sanitizer products. The Company, through its Honey Badger Media brand, is a service content monetization company focused on brand specific messaging. It designs digital campaigns from creation to monetization.

Financial filter

Debt test

Total Debt
Interest free debt
Adjusted debt level
Total Asset
Debt Ratio
PASS or FAIL
$67,022,044
0
$67,022,044
$500,680,000
13.39%
PASS

Cash test

Cash
Cash Eq.
Short Term Investment
Total Asset
Cash & Eq. ratio
PASS or FAIL
$0
$130,780,000
$220,000
$500,680,000
26.16%
PASS

Acid test

Cash
Cash Eq.
Net Accounts Receivables
Total Asset
Quick ratio
PASS or FAIL
$0
$130,780,000
$9,120,000
$500,680,000
27.94%
PASS

Non permissible income filter

Net Interest Income (Expense) as non-Operating

Total Non permissible and doubtful income
Total revenue
Non permissible and doubtful income ratio
PASS or FAIL
-$22,430,000
$11,530,000
-194.54%
PASS