Jordan Telecommunications Co (AMM:JTEL) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is Jordan Telecommunications Co Debt-to-Equity?

Jordan Telecommunications Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD86.1 Mil. Jordan Telecommunications Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD70.1 Mil. Jordan Telecommunications Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD316.7 Mil. Jordan Telecommunications Co's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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

AMM:JTEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.48 Max: 5.08
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Jordan Telecommunications Co was 5.08. The lowest was 0.01. And the median was 0.48.

AMM:JTEL's Debt-to-Equity is ranked better than
56.56% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs AMM:JTEL: 0.49

Jordan Telecommunications Co Debt-to-Equity Historical Data

The historical data trend for Jordan Telecommunications 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 Telecommunications Co Debt-to-Equity Chart

Jordan Telecommunications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.66

0.64

0.57

0.50

0.49

Jordan Telecommunications Co 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															0.49	0.52	0.48	0.49	0.49

Competitive Comparison of Jordan Telecommunications Co's Debt-to-Equity

For the Telecom Services subindustry, Jordan Telecommunications 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 Telecommunications Co's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jordan Telecommunications Co's Debt-to-Equity distribution charts can be found below:

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

Jordan Telecommunications Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jordan Telecommunications Co'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
	=	(86.147	+	64.29)	/	304.762
	=	0.49

Jordan Telecommunications Co'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
	=	(86.108	+	70.148)	/	316.682
	=	0.49

Jordan Telecommunications Co (AMM:JTEL) 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 Telecommunications Co Debt-to-Equity Related Terms

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Jordan Telecommunications Co (AMM:JTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Jordan Telecommunications Co (AMM:JTEL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Black Iris Street, Entrance 8, P.O. Box 1689, Abdali, The Boulevard, Amman, JOR, 11118

Website

https://www.orange.jo

Jordan Telecommunications Co offers telecommunication network services. It has the following operating segments. The Fixed-line segment constructs develop and maintain fixed telecommunication network services and fiber to the home services. The Mobile communications segment installs operates and manages a cellular network in Jordan. The Data services segment provides, furnishes, installs, maintains, engineers, and operates communication facilities for the provision of data network and internet access services to its customers and helping companies to be more efficient in the way they do their business on the internet. The renewable energy segment provides electricity through managing solar farms and renewable energy projects, The mobile payment segment, and the not-for-profit segment.

Jordan Telecommunications Co (AMM:JTEL) Headlines

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