Al Tajamouat for Touristic Projects Co (AMM:TAJM) Equity-to-Asset : 0.86 (As of Mar. 2024)

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What is Al Tajamouat for Touristic Projects Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Tajamouat for Touristic Projects Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD109.32 Mil. Al Tajamouat for Touristic Projects Co's Total Assets for the quarter that ended in Mar. 2024 was JOD127.70 Mil. Therefore, Al Tajamouat for Touristic Projects Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.86.

The historical rank and industry rank for Al Tajamouat for Touristic Projects Co's Equity-to-Asset or its related term are showing as below:

AMM:TAJM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.72 Max: 0.87
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of Al Tajamouat for Touristic Projects Co was 0.87. The lowest was 0.56. And the median was 0.72.

AMM:TAJM's Equity-to-Asset is ranked better than
90.96% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs AMM:TAJM: 0.86

Al Tajamouat for Touristic Projects Co Equity-to-Asset Historical Data

The historical data trend for Al Tajamouat for Touristic Projects Co's Equity-to-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.

* Premium members only.

Al Tajamouat for Touristic Projects Co Equity-to-Asset Chart

Al Tajamouat for Touristic Projects Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.75

0.78

0.80

0.84

0.87

Al Tajamouat for Touristic Projects Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.84	0.86	0.86	0.87	0.86

Competitive Comparison of Al Tajamouat for Touristic Projects Co's Equity-to-Asset

For the Real Estate Services subindustry, Al Tajamouat for Touristic Projects Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Tajamouat for Touristic Projects Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Tajamouat for Touristic Projects Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Tajamouat for Touristic Projects Co's Equity-to-Asset falls into.

Al Tajamouat for Touristic Projects Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Al Tajamouat for Touristic Projects Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	108.948	/	125.378
	=	0.87

Al Tajamouat for Touristic Projects Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	109.32	/	127.702
	=	0.86

Al Tajamouat for Touristic Projects Co (AMM:TAJM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Al Tajamouat for Touristic Projects Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Al Tajamouat for Touristic Projects Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Tajamouat for Touristic Projects Co (AMM:TAJM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Tajamouat for Touristic Projects Co PLC (AMM:TAJM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taj Mall - Abdoun, P.O. Box 5376, Amman, JOR, 11183

Website

https://www.tajlifestyle.com

Al Tajamouat for Touristic Projects Co PLC owns and operates Taj Lifestyle Center. It is a premium destination for shopping, dining, and entertainment in Jordan. Taj Lifestyle Center is a multi-purpose shopping complex with over 190 of the finest outlets spread approximately over 150,000 square meters of indoor and outdoor space. Taj Lifestyle Center offers the Kingdom's comprehensive retail mix from world-renowned high street fashion labels, designer boutiques, jewelry, cosmetics, and beauty to kid's wear, home decor, sporting goods, electronics, and the convenient retailer supermarket, Family's Basket.

Al Tajamouat for Touristic Projects Co (AMM:TAJM) Headlines

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