First Jordan Investment (AMM:FRST) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is First Jordan Investment Debt-to-Equity?

First Jordan Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.00 Mil. First Jordan Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.00 Mil. First Jordan Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD48.73 Mil. First Jordan Investment's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for First Jordan Investment's Debt-to-Equity or its related term are showing as below:

AMM:FRST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.17
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of First Jordan Investment was 0.17. The lowest was 0.02. And the median was 0.12.

AMM:FRST's Debt-to-Equity is ranked better than
83.54% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs AMM:FRST: 0.14

First Jordan Investment Debt-to-Equity Historical Data

The historical data trend for First Jordan Investment's Debt-to-Equity 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.

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First Jordan Investment Debt-to-Equity Chart

First Jordan Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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First Jordan Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	0.14	0.14	-	-

Competitive Comparison of First Jordan Investment's Debt-to-Equity

For the Real Estate - Development subindustry, First Jordan Investment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

First Jordan Investment's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Jordan Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Jordan Investment's Debt-to-Equity falls into.

First Jordan Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Jordan Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	49.085
	=	0.00

First Jordan Investment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	48.727
	=	0.00

First Jordan Investment (AMM:FRST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

First Jordan Investment Debt-to-Equity Related Terms

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First Jordan Investment (AMM:FRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Jordan Investment (AMM:FRST) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Abdullah Bin Rawaha Street, P.O.Box 17532, Sixth Floor, Rabia Towers Building No. 4, Amman, JOR, 11195

Website

http://www.firstjordan.com.jo

First Jordan Investment is an investment company. It invests in economic, financial, real estate, industrial, tourism, trade, and services industry in Jordan and abroad. The company operates in two segments that is Investments and Real Estate. First Jordan derives most of its revenues from Real estate segment.