Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) Equity-to-Asset: 0.06 (As of Dec. 2023)

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What is Rum Group for Transportation & Tourism Investment PSC Equity-to-Asset?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM Equity-to-Asset is 0.06 as of Dec. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rum Group for Transportation & Tourism Investment PSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was JOD0.72 Mil. Rum Group for Transportation & Tourism Investment PSC's Total Assets for the quarter that ended in Dec. 2023 was JOD11.69 Mil. Therefore, Rum Group for Transportation & Tourism Investment PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

The historical rank and industry rank for Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset or its related term are showing as below:

AMM:RUMM's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Rum Group for Transportation & Tourism Investment PSC  (AMM:RUMM) 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%.


Rum Group for Transportation & Tourism Investment PSC Equity-to-Asset Related Terms


Rum Group for Transportation & Tourism Investment PSC Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Rum Group for Transportation & Tourism Investment PSC'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.

Rum Group for Transportation & Tourism Investment PSC Equity-to-Asset Chart

Rum Group for Transportation & Tourism Investment PSC 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 0.72 0.71 0.63 0.27 0.06

Rum Group for Transportation & Tourism Investment PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.27 0.24 0.17 0.12 0.06

AMM:RUMM vs BKNG, ABNB, TCOM: Equity-to-Asset Comparison

For the Travel Services subindustry, Rum Group for Transportation & Tourism Investment PSC'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.


Rum Group for Transportation & Tourism Investment PSC Equity-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset falls into.



Rum Group for Transportation & Tourism Investment PSC 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.

Rum Group for Transportation & Tourism Investment PSC'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
=0.724664/11.690127
=0.06

Rum Group for Transportation & Tourism Investment PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.724664/11.690127
=0.06

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.06 mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a Equity-to-Asset of 0.06 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors.
Is Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset too high?
Rum Group for Transportation & Tourism Investment PSC's current Equity-to-Asset is 0.06. The Travel & Leisure industry median Equity-to-Asset is 0.51. Rum Group for Transportation & Tourism Investment PSC's value of 0.06 is 88.2% below this industry median.
How does Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's Equity-to-Asset of 0.06 can be compared against companies in the Travel & Leisure industry. The industry median Equity-to-Asset is 0.51. Rum Group for Transportation & Tourism Investment PSC's value of 0.06 is 88.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 853 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rum Group for Transportation & Tourism Investment PSC's current Equity-to-Asset of 0.06 is 88.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rum Group for Transportation & Tourism Investment PSC's current Equity-to-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current Equity-to-Asset of 0.06. The current Equity-to-Asset is 0.06 and 88.2% below the Travel & Leisure industry median of 0.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current Equity-to-Asset is 0.06 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.