Jordan International Insurance Co (AMM:JIJC) Debt-to-Equity : 0.03 (As of Dec. 2024)

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What is Jordan International Insurance Co Debt-to-Equity?

Jordan International Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was JOD0.00 Mil. Jordan International Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was JOD0.49 Mil. Jordan International Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was JOD14.95 Mil. Jordan International Insurance Co's debt to equity for the quarter that ended in Dec. 2024 was 0.03.

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 Jordan International Insurance Co's Debt-to-Equity or its related term are showing as below:

AMM:JIJC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.05
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Jordan International Insurance Co was 0.05. The lowest was 0.03. And the median was 0.05.

AMM:JIJC's Debt-to-Equity is ranked better than
86.13% of 382 companies
in the Insurance industry
Industry Median: 0.21 vs AMM:JIJC: 0.03

Jordan International Insurance Co Debt-to-Equity Historical Data

The historical data trend for Jordan International Insurance Co'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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Jordan International Insurance Co Debt-to-Equity Chart

Jordan International Insurance Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.05

0.03

Jordan International Insurance Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	-	-	-	0.03

Competitive Comparison of Jordan International Insurance Co's Debt-to-Equity

For the Insurance - Diversified subindustry, Jordan International Insurance Co'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.

Jordan International Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jordan International Insurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jordan International Insurance Co's Debt-to-Equity falls into.

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Jordan International Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jordan International Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0.487)	/	14.951
	=	0.03

Jordan International Insurance Co's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0.487)	/	14.951
	=	0.03

Jordan International Insurance Co (AMM:JIJC) 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.

Jordan International Insurance Co Debt-to-Equity Related Terms

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Jordan International Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jordan International Insurance Co (AMM:JIJC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zahran Street, 6th Circle, P.O. Box 3253, Building No. 221, Amman, JOR, 11181

Website

http://www.jiig.com

Jordan International Insurance Co provides insurance services and products. The company serves both corporate as well as individual customers. The company carries out its activities mainly in the Kingdom, which represents local business. It also carries out international activities through its branches in the Middle East, Europe, Asia, America and the Near East, through which it deals with others.

Jordan International Insurance Co Headlines

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