Jordan Telecommunications Co (AMM:JTEL) Equity-to-Asset : 0.39 (As of Mar. 2024)

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What is Jordan Telecommunications Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jordan Telecommunications Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD316.7 Mil. Jordan Telecommunications Co's Total Assets for the quarter that ended in Mar. 2024 was JOD805.2 Mil. Therefore, Jordan Telecommunications Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

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

AMM:JTEL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.41 Max: 0.61
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Jordan Telecommunications Co was 0.61. The lowest was 0.03. And the median was 0.41.

AMM:JTEL's Equity-to-Asset is ranked worse than
53.49% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs AMM:JTEL: 0.39

Jordan Telecommunications Co Equity-to-Asset Historical Data

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

Jordan Telecommunications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.39

0.40

0.39

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
Equity-to-Asset	Get a 7-Day Free Trial															0.40	0.37	0.38	0.39	0.39

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

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

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

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

Jordan Telecommunications Co 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 Telecommunications Co'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
	=	304.762	/	786.958
	=	0.39

Jordan Telecommunications Co'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
	=	316.682	/	805.195
	=	0.39

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

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

Jordan Telecommunications Co (AMM:JTEL) Business Description

Industry

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

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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