Aldaman For Investment (AMM:DMAN) Current Ratio : 0.00 (As of . 20)

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What is Aldaman For Investment Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Aldaman For Investment's current ratio for the quarter that ended in . 20 was 0.00.

Aldaman For Investment has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Aldaman For Investment has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Aldaman For Investment's Current Ratio or its related term are showing as below:

AMM:DMAN's Current Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 2.97
* Ranked among companies with meaningful Current Ratio only.

Aldaman For Investment Current Ratio Historical Data

The historical data trend for Aldaman For Investment's Current Ratio 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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Aldaman For Investment Current Ratio Chart

Aldaman For Investment Annual Data

Trend

Current Ratio

Aldaman For Investment Semi-Annual Data

Current Ratio

Competitive Comparison of Aldaman For Investment's Current Ratio

For the Asset Management subindustry, Aldaman For Investment's Current Ratio, along with its competitors' market caps and Current Ratio 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.

Aldaman For Investment's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aldaman For Investment's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aldaman For Investment's Current Ratio falls into.

Aldaman For Investment Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Aldaman For Investment's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )	=	Total Current Assets (A: . 20 )	/	Total Current Liabilities (A: . 20 )
	=		/
	=

Aldaman For Investment's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )	=	Total Current Assets (Q: . 20 )	/	Total Current Liabilities (Q: . 20 )
	=		/
	=

Aldaman For Investment (AMM:DMAN) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.

Aldaman For Investment Current Ratio Related Terms

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Aldaman For Investment (AMM:DMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aldaman For Investment (AMM:DMAN) » Definitions » Current Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Matalqa Center Building, PO Box 942430, Shmeisani, Amman, JOR, 11194

Website

Aldaman For Investment is engaged in investing in real estate projects. It is also engaged in trading in shares and bonds and providing consulting services.