Is ChargePoint Holdings stock halal to invest in?

Company Name
Company Symbol
Exchange
ChargePoint Holdings
CHPT
NYSE
CHPT
Halal
ChargePoint Holdings
NYSE

Warning: The result may change based on other methodologies. As of the recent update on Wednesday 24th of April 2024 , 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
Machinery, Tools, Heavy Vehicles, Trains & Ships
PASS

ChargePoint Holdings

ChargePoint Holdings, Inc., formerly Switchback Energy Acquisition Corporation, is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with or more businesses. The Company intends to focus its search for a target business in energy industry in North America. The Company is not engaged in any business operation and it has not generated any revenue.

Financial filter

Debt test

Total Debt
Interest free debt
Adjusted debt level
Total Asset
Debt Ratio
PASS or FAIL
305607960
0
305607960
1187660000
25.73%
PASS

Cash test

Cash
Cash Eq.
Short Term Investment
Total Asset
Cash & Eq. ratio
PASS or FAIL
0
367010000
0
1187660000
30.9%
PASS

Acid test

Cash
Cash Eq.
Net Accounts Receivables
Total Asset
Quick ratio
PASS or FAIL
0
367010000
151800000
1187660000
43.68%
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
0
115830000
0%
PASS