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Jordan Industrial Resources Co (AMM:JOIR) Debt-to-Equity : 0.39 (As of Sep. 2024)


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What is Jordan Industrial Resources Co Debt-to-Equity?

Jordan Industrial Resources Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was JOD0.00 Mil. Jordan Industrial Resources Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was JOD1.13 Mil. Jordan Industrial Resources Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was JOD2.89 Mil. Jordan Industrial Resources Co's debt to equity for the quarter that ended in Sep. 2024 was 0.39.

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 Industrial Resources Co's Debt-to-Equity or its related term are showing as below:

AMM:JOIR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.39
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Jordan Industrial Resources Co was 0.39. The lowest was 0.01. And the median was 0.07.

AMM:JOIR's Debt-to-Equity is ranked better than
59.47% of 528 companies
in the Conglomerates industry
Industry Median: 0.585 vs AMM:JOIR: 0.39

Jordan Industrial Resources Co Debt-to-Equity Historical Data

The historical data trend for Jordan Industrial Resources 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.

* Premium members only.

Jordan Industrial Resources Co Debt-to-Equity Chart

Jordan Industrial Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.13 0.13 0.14 0.39

Jordan Industrial Resources Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity 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 0.17 0.39 0.39 0.39 0.39

Competitive Comparison of Jordan Industrial Resources Co's Debt-to-Equity

For the Conglomerates subindustry, Jordan Industrial Resources 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 Industrial Resources Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jordan Industrial Resources Co's Debt-to-Equity distribution charts can be found below:

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



Jordan Industrial Resources Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jordan Industrial Resources Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jordan Industrial Resources Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Jordan Industrial Resources Co  (AMM:JOIR) 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 Industrial Resources Co Debt-to-Equity Related Terms

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


Jordan Industrial Resources Co Business Description

Traded in Other Exchanges
N/A
Address
Abdullah II Bin Al-Hussein Industrial Estate, P.O. Box 170, Sahab, JOR
Jordan Industrial Resources Co is engaged in the production of vegetable oils & the by-products for industrial purposes. The company also prints, cuts and shapes carton boxes.

Jordan Industrial Resources Co Headlines

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