Navigator Holdings Ltd

NVGS

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Energy
UK
Small Cap

Navigator Holdings Ltd is not Shariah Compliant because it fails the financial ratios.

0.8%

Impure Income*

$0.017

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
BUY
$25.17
8
-7.13%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
23.89%
18.04%
1.12
1.18
81.52%

Shariah Compliance

Debt
63.91%
Non-Compliant Assets
0.08%
Impure Income
0.8%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
81.21%
Impure Income
0.8%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
80.13%
Impure Income
0.8%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
39.69%
Cash
6.64%
Cash & AR
8.96%
Impure Income
0.8%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
39.69%
Cash
6.64%
Cash & AR
8.96%
Impure Income
0.8%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.8%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gas (LPG) and ammonia for energy companies, industrial users, and commodity traders. The Company also owns a 50% share in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, United States. The Company owns and operates 59 semi- or fully refrigerated liquefied gas carriers each having a cargo capacity of between 3,770 cubic meters (cbm) and 38,000 cbm, of which 28 were ethylene and ethane-capable vessels. These gases are transported in liquefied form, by applying cooling and/or pressure, to reduce volume by up to 900 times depending on the cargo, making their transportation more efficient and economical. Its services include Maritime Logistics, and Ship Shore Infrastructure, among others.