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Irbid District Electricity (AMM:IREL) Debt-to-Asset : 0.20 (As of Mar. 2024)


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What is Irbid District Electricity Debt-to-Asset?

Irbid District Electricity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD68.0 Mil. Irbid District Electricity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD14.5 Mil. Irbid District Electricity's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was JOD404.9 Mil. Irbid District Electricity's debt to asset for the quarter that ended in Mar. 2024 was 0.20.


Irbid District Electricity Debt-to-Asset Historical Data

The historical data trend for Irbid District Electricity's Debt-to-Asset 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.

* Premium members only.

Irbid District Electricity Debt-to-Asset Chart

Irbid District Electricity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.19 0.11 0.21

Irbid District Electricity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.18 0.21 0.20

Competitive Comparison of Irbid District Electricity's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, Irbid District Electricity's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Irbid District Electricity's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Irbid District Electricity's Debt-to-Asset falls into.



Irbid District Electricity Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Irbid District Electricity's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(67.724 + 14.548) / 390.428
=0.21

Irbid District Electricity's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(67.988 + 14.548) / 404.918
=0.20

* 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.


Irbid District Electricity  (AMM:IREL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Irbid District Electricity Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Irbid District Electricity's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Irbid District Electricity (AMM:IREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110
Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity (AMM:IREL) Headlines

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