ORAGIN Foods Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.
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OG – ORAGIN Foods Inc
Not Compliant
—X—
- Food Retail & Distribution
- Toronto Venture Exchange
- July 16, 2022
$10,315,136
Market cap
77.02%
Revenue Growth
-
Analysts' Rating
AAOIFI
S&P
DJIM
FTSE
MSCI
AAOIFI
AAOIFI ✗
Debt ÷ Market cap (MC) | 87.15% | ✗ |
Non-Compliant Assets ÷ MC | % |
Impure Income (incl. Interest) | 0.01% | ✓ |
Impure Income | % |
Interest Income | 0.01% |
Total | 0.01% |
S&P
S&P ✗
Debt ÷ 36 mo MC | 83.26% | ✗ |
Cash ÷ 36 mo MC | 11.81% | ✓ |
AR ÷ 36 mo MC | % |
DJIM
DJIM ✗
Debt ÷ 24 mo MC | 61.61% | ✗ |
Cash ÷ 24 mo MC | 8.74% | ✓ |
AR ÷ 24 mo MC | % |
FTSE
FTSE ✗
Debt ÷ Assets | 66.83% | ✗ |
Cash ÷ Assets | 9.48% | ✓ |
Cash&AR ÷ Assets | 9.48% | ✓ |
Impure Income (incl. Interest) | 0.01% | ✓ |
Impure Income | % |
Interest Income | 0.01% |
Total | 0.01% |
MSCI
MSCI ✗
Debt ÷ Assets | 66.83% | ✗ |
Cash ÷ Assets | 9.48% | ✓ |
Cash&AR ÷ Assets | 9.48% | ✓ |
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N/A
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Total Analysts: 0
Company Profile
Oragin Foods Inc., formerly Organic Garage Ltd., is a Canada-based natural and organic grocery chain. The Company is engaged in selling natural and organic products to consumers through its retail network of store locations. It has approximately four stores operating in the Greater Toronto area. The Company has various departments, including produce, dairy, bakery, bulk, A-Z grocery (from baby food to pet food), meat, frozen foods, health & beauty (HABA), vitamins and supplements, and prepared foods. The Company operates its business through its wholly owned subsidiary, Organic Garage (Canada) Ltd. (OGC), which also has seven wholly owned subsidiaries whose primary business is to hold its premises leases. The Company, through its subsidiary, Future of Cheese Company Corp., is engaged in the business of developing, manufacturing, and marketing plant-based dairy alternative products. It focuses on the market for plant-based products in Canada and the United States.
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