Masafat for Specialised Transport Co (AMM:MSFT) Debt-to-Equity : 0.36 (As of Mar. 2024)

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What is Masafat for Specialised Transport Co Debt-to-Equity?

Masafat for Specialised Transport Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD6.78 Mil. Masafat for Specialised Transport Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD1.71 Mil. Masafat for Specialised Transport Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD23.78 Mil. Masafat for Specialised Transport Co's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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 Masafat for Specialised Transport Co's Debt-to-Equity or its related term are showing as below:

AMM:MSFT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.33 Max: 0.41
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Masafat for Specialised Transport Co was 0.41. The lowest was 0.20. And the median was 0.33.

AMM:MSFT's Debt-to-Equity is ranked better than
62.24% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs AMM:MSFT: 0.36

Masafat for Specialised Transport Co Debt-to-Equity Historical Data

The historical data trend for Masafat for Specialised Transport 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.

Masafat for Specialised Transport Co Debt-to-Equity Chart

Masafat for Specialised Transport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.30

0.31

0.37

0.36

Masafat for Specialised Transport 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															0.34	0.34	0.36	0.36	0.36

Competitive Comparison of Masafat for Specialised Transport Co's Debt-to-Equity

For the Trucking subindustry, Masafat for Specialised Transport 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.

Masafat for Specialised Transport Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Masafat for Specialised Transport Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Masafat for Specialised Transport Co's Debt-to-Equity falls into.

Masafat for Specialised Transport Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Masafat for Specialised Transport 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
	=	(7.156	+	1.408)	/	23.532
	=	0.36

Masafat for Specialised Transport 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
	=	(6.783	+	1.713)	/	23.78
	=	0.36

Masafat for Specialised Transport Co (AMM:MSFT) 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.

Masafat for Specialised Transport Co Debt-to-Equity Related Terms

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Masafat for Specialised Transport Co (AMM:MSFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Masafat for Specialised Transport Co (AMM:MSFT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Bayader - Industrial area - beside Al-Markaziya, P.O. Box 144500, Amman, JOR, 111814

Website

https://www.masafat.jo

Masafat for Specialised Transport Co is a public shareholding company. It is focused on specialized transportation in Jordan. The company fleet includes petroleum and petroleum products tankers; liquid gas tankers; flat beds; cement bulkers/silos; dump trucks; ready-mix concrete mixers; garbage compactors; sewage tanks and water tanks.