GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) » Definitions » Financial Strength

Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Financial Strength : 10 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Jordan Masaken for Land and Industrial Development Projects Financial Strength?

Jordan Masaken for Land and Industrial Development Projects has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Jordan Masaken for Land and Industrial Development Projects shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Jordan Masaken for Land and Industrial Development Projects has no long-term debt (1). Jordan Masaken for Land and Industrial Development Projects's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Jordan Masaken for Land and Industrial Development Projects's Altman Z-Score is 21.85.

(1) Note: An indication of "no long-term 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.


Competitive Comparison of Jordan Masaken for Land and Industrial Development Projects's Financial Strength

For the Real Estate Services subindustry, Jordan Masaken for Land and Industrial Development Projects's Financial Strength, along with its competitors' market caps and Financial Strength 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 Masaken for Land and Industrial Development Projects's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jordan Masaken for Land and Industrial Development Projects's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jordan Masaken for Land and Industrial Development Projects's Financial Strength falls into.



Jordan Masaken for Land and Industrial Development Projects Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

Jordan Masaken for Land and Industrial Development Projects's Interest Expense for the months ended in Mar. 2024 was JOD0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was JOD0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.00 Mil.

Jordan Masaken for Land and Industrial Development Projects's Interest Coverage for the quarter that ended in Mar. 2024 is

Jordan Masaken for Land and Industrial Development Projects had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Jordan Masaken for Land and Industrial Development Projects has no debt.

2. Debt to revenue ratio. The lower, the better.

Jordan Masaken for Land and Industrial Development Projects's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.476
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Jordan Masaken for Land and Industrial Development Projects has a Z-score of 21.85, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 21.85 is strong.

* 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.


Jordan Masaken for Land and Industrial Development Projects  (AMM:MSKN) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Jordan Masaken for Land and Industrial Development Projects has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Jordan Masaken for Land and Industrial Development Projects Financial Strength Related Terms

Thank you for viewing the detailed overview of Jordan Masaken for Land and Industrial Development Projects's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Business Description

Traded in Other Exchanges
N/A
Address
Al Madina Al Munawwarah Street, P.O.Box 5821, 5th Floor, Suit 504, Masaken 1 complex, Amman, JOR, 11953
Jordan Masaken for Land and Industrial Development Projects operates in the real estate sector. The company's main activities are Land acquisitions in the Kingdom of Jordon with a view to either develop or make the plots infrastructure enabled and sell, Develop the plots into residential housing. It is also engaged in building a diversified portfolio of assets in various sectors. Jordan Masaken offers luxurious, spacious office spaces, outstanding designs, and ample parking spaces.

Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Headlines

No Headlines