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Jordan Telecommunications Co (AMM:JTEL) Asset Turnover : 0.11 (As of Dec. 2024)


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What is Jordan Telecommunications Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jordan Telecommunications Co's Revenue for the three months ended in Dec. 2024 was JOD91.3 Mil. Jordan Telecommunications Co's Total Assets for the quarter that ended in Dec. 2024 was JOD798.1 Mil. Therefore, Jordan Telecommunications Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Jordan Telecommunications Co's annualized ROE % for the quarter that ended in Dec. 2024 was 13.91%. It is also linked to ROA % through Du Pont Formula. Jordan Telecommunications Co's annualized ROA % for the quarter that ended in Dec. 2024 was 5.22%.


Jordan Telecommunications Co Asset Turnover Historical Data

The historical data trend for Jordan Telecommunications Co's Asset Turnover 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.

Jordan Telecommunications Co Asset Turnover Chart

Jordan Telecommunications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.48 0.48 0.47 0.46

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
Asset Turnover 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 0.12 0.11 0.11 0.11 0.11

Competitive Comparison of Jordan Telecommunications Co's Asset Turnover

For the Telecom Services subindustry, Jordan Telecommunications Co's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Telecommunications Co's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jordan Telecommunications Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jordan Telecommunications Co's Asset Turnover falls into.


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Jordan Telecommunications Co Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Jordan Telecommunications Co's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=361.252/( (786.958+789.776)/ 2 )
=361.252/788.367
=0.46

Jordan Telecommunications Co's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=91.258/( (806.486+789.776)/ 2 )
=91.258/798.131
=0.11

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Jordan Telecommunications Co  (AMM:JTEL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Jordan Telecommunications Co's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=41.684/299.7595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41.684 / 365.032)*(365.032 / 798.131)*(798.131/ 299.7595)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.42 %*0.4574*2.6626
=ROA %*Equity Multiplier
=5.22 %*2.6626
=13.91 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Jordan Telecommunications Co's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=41.684/798.131
=(Net Income / Revenue)*(Revenue / Total Assets)
=(41.684 / 365.032)*(365.032 / 798.131)
=Net Margin %*Asset Turnover
=11.42 %*0.4574
=5.22 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Jordan Telecommunications Co Asset Turnover Related Terms

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Jordan Telecommunications Co Business Description

Traded in Other Exchanges
N/A
Address
Black Iris Street, Entrance 8, P.O. Box 1689, Abdali, The Boulevard, Amman, JOR, 11118
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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