Is AMC Entertainment stock halal to invest in?

Company Name
Company Symbol
Exchange
AMC Entertainment
AMC
NYSE
AMC
Not Halal
AMC Entertainment
NYSE

Warning: The result may change based on other methodologies. As of the recent update on Tuesday 7th of February 2023 , is considered as Not 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
Motion Pictures
PASS

AMC Entertainment

AMC Entertainment Holdings, Inc. is a theatrical exhibition company. The Company conducts operations through two segments: U.S. markets and International markets. It licenses first-run films from distributors owned by film production companies and from independent distributors on a film-by-film and theatre-by-theatre basis. It also offers food and beverage products, including drinks and meals, popcorn, soft drinks, candy and hot dogs, coffee, snacks, beers, wine and mixed drinks, and other gourmet products. In U.S. markets, it operates theatres in approximately 44 states and the District of Columbia. In International markets, it operates theatres in approximately 13 European countries and in Saudi Arabia. It operates approximately 1,004 theatres and over 11,041 screens in approximately 15 countries, including over 636 theatres with a total of approximately 8,094 screens in the United States and over 368 theatres and approximately 2,947 screens in European markets and Saudi Arabia.

Financial filter

Debt test

Total Debt
Interest free debt
Adjusted debt level
Total Asset
Debt Ratio
PASS or FAIL
$10,193,497,500
0
$10,193,497,500
$9,206,100,000
110.73%
FAIL

Cash test

Cash
Cash Eq.
Short Term Investment
Total Asset
Cash & Eq. ratio
PASS or FAIL
$0
$684,600,000
$0
$9,206,100,000
7.44%
PASS

Acid test

Cash
Cash Eq.
Net Accounts Receivables
Total Asset
Quick ratio
PASS or FAIL
$0
$684,600,000
$27,200,000
$9,206,100,000
7.73%
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
-$29,700,000
$968,400,000
-3.07%
PASS