Future Arab Investment (AMM:FUTR) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Future Arab Investment Debt-to-Equity?

Future Arab Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD5.74 Mil. Future Arab Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.22 Mil. Future Arab Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD19.55 Mil. Future Arab Investment's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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 Future Arab Investment's Debt-to-Equity or its related term are showing as below:

AMM:FUTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.3 Max: 0.39
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Future Arab Investment was 0.39. The lowest was 0.00. And the median was 0.30.

AMM:FUTR's Debt-to-Equity is ranked better than
55.88% of 918 companies
in the Business Services industry
Industry Median: 0.375 vs AMM:FUTR: 0.31

Future Arab Investment Debt-to-Equity Historical Data

The historical data trend for Future Arab 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.

* Premium members only.

Future Arab Investment Debt-to-Equity Chart

Future Arab Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.34

0.37

0.36

0.29

Future Arab 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															0.27	0.28	0.25	0.29	0.31

Competitive Comparison of Future Arab Investment's Debt-to-Equity

For the Specialty Business Services subindustry, Future Arab 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.

Future Arab Investment's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Future Arab Investment's Debt-to-Equity distribution charts can be found below:

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

Future Arab Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Future Arab 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
	=	(5.362	+	0.306)	/	19.479
	=	0.29

Future Arab 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
	=	(5.737	+	0.222)	/	19.551
	=	0.30

Future Arab Investment (AMM:FUTR) 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.

Future Arab Investment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Future Arab Investment's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Arab Investment (AMM:FUTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Future Arab Investment (AMM:FUTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118

Website

http://www.fainvest.com

Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

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