Jordanian Mutual Funds Management Co (AMM:FUND) Interest Coverage: No Debt ⁽¹⁾ (As of Dec. 2023)

What is Jordanian Mutual Funds Management Co Interest Coverage?

Jordanian Mutual Funds Management Co AMM:FUND 21 Interest Coverage is No Debt ⁽¹⁾ as of Dec. 2023. GuruFocus rates AMM:FUND with a GF Score™ of 21/100.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Jordanian Mutual Funds Management Co's Operating Income for the three months ended in Dec. 2023 was JOD0.01 Mil. Jordanian Mutual Funds Management Co's Interest Expense for the three months ended in Dec. 2023 was JOD0.00 Mil. Jordanian Mutual Funds Management Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Jordanian Mutual Funds Management Co's Interest Coverage or its related term are showing as below:

AMM:FUND's Interest Coverage is not ranked ^*
in the Asset Management industry.
Industry Median: 43.29
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jordanian Mutual Funds Management Co (AMM:FUND) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Jordanian Mutual Funds Management Co Interest Coverage Related Terms

Jordanian Mutual Funds Management Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jordanian Mutual Funds Management Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Jordanian Mutual Funds Management Co Interest Coverage Chart

Jordanian Mutual Funds Management Co Annual Data

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Interest Coverage

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Jordanian Mutual Funds Management Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

AMM:FUND vs BLK, BX, BK: Interest Coverage Comparison

For the Asset Management subindustry, Jordanian Mutual Funds Management Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.

Jordanian Mutual Funds Management Co Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jordanian Mutual Funds Management Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jordanian Mutual Funds Management Co's Interest Coverage falls into.

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21GF Score

Jordanian Mutual Funds Management Co AMM:FUND

Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.

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Jordanian Mutual Funds Management Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jordanian Mutual Funds Management Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Jordanian Mutual Funds Management Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Jordanian Mutual Funds Management Co had no debt ⁽¹⁾.

Jordanian Mutual Funds Management Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Jordanian Mutual Funds Management Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Jordanian Mutual Funds Management Co had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →

What does a Interest Coverage of No Debt <sup>(1)</sup> mean?

Jordanian Mutual Funds Management Co (AMM:FUND) has a Interest Coverage of No Debt ⁽¹⁾ as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jordanian Mutual Funds Management Co and its competitors.

Is Jordanian Mutual Funds Management Co's Interest Coverage too high?

Jordanian Mutual Funds Management Co's current Interest Coverage is No Debt ⁽¹⁾. Overall, Jordanian Mutual Funds Management Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.

How does Jordanian Mutual Funds Management Co's Interest Coverage compare to BLK and BX?

Jordanian Mutual Funds Management Co's Interest Coverage of No Debt ⁽¹⁾ can be compared against companies in the Asset Management industry. The industry median Interest Coverage is 43.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Coverage for an Asset Management company?

The median Interest Coverage among Asset Management companies is 43.29, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Coverage mean?

A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jordanian Mutual Funds Management Co and its competitors. For the Asset Management industry, the median Interest Coverage is 43.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jordanian Mutual Funds Management Co's current Interest Coverage is No Debt ⁽¹⁾. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jordanian Mutual Funds Management Co stock overvalued right now?

Jordanian Mutual Funds Management Co (AMM:FUND) has a current Interest Coverage of No Debt ⁽¹⁾. The current Interest Coverage is No Debt ⁽¹⁾. Jordanian Mutual Funds Management Co's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Coverage calculated?

Interest Coverage is calculated from a company's financial statements. For Jordanian Mutual Funds Management Co (AMM:FUND), the current Interest Coverage is No Debt ⁽¹⁾ 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.

Jordanian Mutual Funds Management Co Business Description

Industry Financial Services Asset Management

Comparable Companies KUW:WETHAQ KUW:SHIP KUW:SPEC KUW:GIH KUW:MIDAN KUW:PAPER KUW:AREEC KUW:NICBM KUW:ALMANAR KUW:AQAR BLK BX TSX:BAM.A OSTO:INVE A BK APO KKR AMP TROW XSWX:PGHN

Address Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192

Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds except for financial brokerage.

21GF Score

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Jordanian Mutual Funds Management Co (AMM:FUND) Interest Coverage: No Debt (1) (As of Dec. 2023)