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Jordan Kuwait Bank (AMM:JOKB) Equity-to-Asset : 0.12 (As of Mar. 2024)


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What is Jordan Kuwait Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jordan Kuwait Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD645.9 Mil. Jordan Kuwait Bank's Total Assets for the quarter that ended in Mar. 2024 was JOD5,208.5 Mil. Therefore, Jordan Kuwait Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.12.

The historical rank and industry rank for Jordan Kuwait Bank's Equity-to-Asset or its related term are showing as below:

AMM:JOKB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 0.18
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Jordan Kuwait Bank was 0.18. The lowest was 0.11. And the median was 0.16.

AMM:JOKB's Equity-to-Asset is ranked better than
75.3% of 1482 companies
in the Banks industry
Industry Median: 0.09 vs AMM:JOKB: 0.12

Jordan Kuwait Bank Equity-to-Asset Historical Data

The historical data trend for Jordan Kuwait Bank's Equity-to-Asset 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 Kuwait Bank Equity-to-Asset Chart

Jordan Kuwait Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.16 0.13 0.12

Jordan Kuwait Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.11 0.13 0.12 0.12 0.12

Competitive Comparison of Jordan Kuwait Bank's Equity-to-Asset

For the Banks - Regional subindustry, Jordan Kuwait Bank's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Kuwait Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jordan Kuwait Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jordan Kuwait Bank's Equity-to-Asset falls into.



Jordan Kuwait Bank Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Jordan Kuwait Bank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=614.743/5244.402
=0.12

Jordan Kuwait Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=645.931/5208.537
=0.12

* 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 Kuwait Bank  (AMM:JOKB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Jordan Kuwait Bank Equity-to-Asset Related Terms

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Jordan Kuwait Bank (AMM:JOKB) Business Description

Traded in Other Exchanges
N/A
Address
62 Ummaya Bin Abed Shams Street, P.O. Box 9776, Amman, JOR, 11191
Jordan Kuwait Bank provides banking and financial services. It offers Retail banking, Business Banking, Private Banking, and Treasury and Investment. The Bank conducts international operations through its branches in Cyprus and Palestine. The Bank offers individuals (retail) loans, real estate loans, and loans to large companies, small and medium enterprises (SMEs), and government and public sector companies. Also, offers current accounts, savings accounts, and fixed deposits. It offers automobile, housing, and student loans. It offers American Express, MasterCard, and Visa cards. The Bank performs its operations mainly in the Hashemite Kingdom of Jordan which represent local operations, and hence it generates most of its revenue from Jordan itself.

Jordan Kuwait Bank (AMM:JOKB) Headlines

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