Jordan Telecommunications Co (AMM:JTEL) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is Jordan Telecommunications Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Jordan Telecommunications Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Jordan Telecommunications Co's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.17). It may suggest that Jordan Telecommunications Co is progressively becoming more dependent on debt to grow their business.

Jordan Telecommunications Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jordan Telecommunications Co's LT-Debt-to-Total-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.

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Jordan Telecommunications Co LT-Debt-to-Total-Asset Chart

Jordan Telecommunications Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.16

0.14

0.11

0.09

0.17

Jordan Telecommunications Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.16	0.17	0.17

Jordan Telecommunications Co LT-Debt-to-Total-Asset Calculation

Jordan Telecommunications Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	137.69	/	789.776
	=	0.17

Jordan Telecommunications Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	137.69	/	789.776
	=	0.17

Jordan Telecommunications Co (AMM:JTEL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Jordan Telecommunications Co LT-Debt-to-Total-Asset Related Terms

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Jordan Telecommunications Co Business Description

Industry

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

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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, develops, and maintains 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. The renewable energy segment provides electricity through managing solar farms and renewable energy projects, the mobile payment segment, and the not-for-profit segment. It generates the majority of its revenue from the Mobile communications segment.

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