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Al-Zarka Educational & Investment Co (AMM:ZEIC) Liabilities-to-Assets : 0.62 (As of Mar. 2024)


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What is Al-Zarka Educational & Investment Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Al-Zarka Educational & Investment Co's Total Liabilities for the quarter that ended in Mar. 2024 was JOD46.32 Mil. Al-Zarka Educational & Investment Co's Total Assets for the quarter that ended in Mar. 2024 was JOD74.93 Mil. Therefore, Al-Zarka Educational & Investment Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.62.


Al-Zarka Educational & Investment Co Liabilities-to-Assets Historical Data

The historical data trend for Al-Zarka Educational & Investment Co's Liabilities-to-Assets 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.

Al-Zarka Educational & Investment Co Liabilities-to-Assets Chart

Al-Zarka Educational & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.38 1.00 0.52 0.60

Al-Zarka Educational & Investment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.56 0.53 0.58 0.60 0.62

Competitive Comparison of Al-Zarka Educational & Investment Co's Liabilities-to-Assets

For the Education & Training Services subindustry, Al-Zarka Educational & Investment Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Al-Zarka Educational & Investment Co's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Al-Zarka Educational & Investment Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Al-Zarka Educational & Investment Co's Liabilities-to-Assets falls into.



Al-Zarka Educational & Investment Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Al-Zarka Educational & Investment Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=42.956/71.94
=0.60

Al-Zarka Educational & Investment Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=46.317/74.931
=0.62

* 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.


Al-Zarka Educational & Investment Co  (AMM:ZEIC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Al-Zarka Educational & Investment Co Liabilities-to-Assets Related Terms

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Al-Zarka Educational & Investment Co (AMM:ZEIC) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Zone, P.O. Box 132222, Al-Zarqa, JOR, 13132
Al-Zarka Educational & Investment Co provides educational services. It is a private university located in Zarqa city. The university offers quality education that provides students with the knowledge and the essential skills need to upgrade academic achievements, achieve comprehensive and integrated development of their personalities, prepare them for the future and form their positive perspectives.

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