Bank of Jordan (AMM:BOJX) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Bank of Jordan Debt-to-Equity?

Bank of Jordan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JOD0.0 Mil. Bank of Jordan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JOD0.0 Mil. Bank of Jordan's Total Stockholders Equity for the quarter that ended in Jun. 2024 was JOD505.4 Mil. Bank of Jordan's debt to equity for the quarter that ended in Jun. 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 Bank of Jordan's Debt-to-Equity or its related term are showing as below:

AMM:BOJX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.16
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Bank of Jordan was 0.16. The lowest was 0.00. And the median was 0.01.

AMM:BOJX's Debt-to-Equity is ranked better than
96% of 1501 companies
in the Banks industry
Industry Median: 0.7 vs AMM:BOJX: 0.04

Bank of Jordan Debt-to-Equity Historical Data

The historical data trend for Bank of Jordan'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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Bank of Jordan Debt-to-Equity Chart

Bank of Jordan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.07

0.06

0.04

Bank of Jordan Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.04	-	-

Competitive Comparison of Bank of Jordan's Debt-to-Equity

For the Banks - Regional subindustry, Bank of Jordan'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.

Bank of Jordan's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Jordan's Debt-to-Equity distribution charts can be found below:

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

Bank of Jordan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of Jordan'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	+	20.732)	/	524.035
	=	0.04

Bank of Jordan's Debt to Equity Ratio for the quarter that ended in Jun. 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)	/	505.414
	=	0.00

Bank of Jordan (AMM:BOJX) 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.

Bank of Jordan Debt-to-Equity Related Terms

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Bank of Jordan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Jordan (AMM:BOJX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Shmeisani-Abdul Hameed Sharaf Street, P.O. Box 2140, Building No. 15, Amman, JOR, 11181

Website

https://www.bankofjordan.com

Bank of Jordan is active in the banking corporation. It is engaged in offering retail and commercial banking services to customers. The company provides savings, deposits, loans and advances, cards, and other related services. Its products and services include current accounts, savings accounts, mortgage loans, time deposits, personal loans, car loans, and overdrafts. In addition, it also offers treasury services, commercial loans, guarantees, and credit as well as commercial solutions, syndicated loans, and other credit solutions to small and medium-sized enterprises and corporate customers. The company operates in different segments such as Retail Banking (individual), Corporate Banking, Treasury, Financial Brokerage Services.

Bank of Jordan Headlines

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