Jordanian Mutual Funds Management Co (AMM:FUND) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Jordanian Mutual Funds Management Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Jordanian Mutual Funds Management Co's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Jordanian Mutual Funds Management Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Jordanian Mutual Funds Management Co's Cash-to-Debt or its related term are showing as below:

AMM:FUND' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Jordanian Mutual Funds Management Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

AMM:FUND's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 6 vs AMM:FUND: No Debt

Jordanian Mutual Funds Management Co Cash-to-Debt Historical Data

The historical data trend for Jordanian Mutual Funds Management Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Jordanian Mutual Funds Management Co Cash-to-Debt Chart

Jordanian Mutual Funds Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Jordanian Mutual Funds Management Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Jordanian Mutual Funds Management Co's Cash-to-Debt

For the Asset Management subindustry, Jordanian Mutual Funds Management Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jordanian Mutual Funds Management Co's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jordanian Mutual Funds Management Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jordanian Mutual Funds Management Co's Cash-to-Debt falls into.

Jordanian Mutual Funds Management Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Jordanian Mutual Funds Management Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Jordanian Mutual Funds Management Co had no debt ⁽¹⁾.

Jordanian Mutual Funds Management Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Jordanian Mutual Funds Management Co had no debt ⁽¹⁾.

Jordanian Mutual Funds Management Co (AMM:FUND) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Jordanian Mutual Funds Management Co Cash-to-Debt Related Terms

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Jordanian Mutual Funds Management Co (AMM:FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jordanian Mutual Funds Management Co (AMM:FUND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192

Website

Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds.