Union Investment (AMM:UINV) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Union Investment Debt-to-Equity?

Union Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD4.27 Mil. Union Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.00 Mil. Union Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD13.68 Mil. Union Investment's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Union Investment's Debt-to-Equity or its related term are showing as below:

AMM:UINV' s Debt-to-Equity Range Over the Past 10 Years
Min: -87.58 Med: 0.7 Max: 34.59
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Union Investment was 34.59. The lowest was -87.58. And the median was 0.70.

AMM:UINV's Debt-to-Equity is ranked worse than
54.05% of 37 companies
in the Tobacco Products industry
Industry Median: 0.27 vs AMM:UINV: 0.31

Union Investment Debt-to-Equity Historical Data

The historical data trend for Union Investment's Debt-to-Equity 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.

Union Investment Debt-to-Equity Chart

Union Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.01

-14.52

-3.22

-87.58

0.15

Union Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-32.45	0.79	1.03	0.15	0.31

Competitive Comparison of Union Investment's Debt-to-Equity

For the Tobacco subindustry, Union Investment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Union Investment's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Union Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Union Investment's Debt-to-Equity falls into.

Union Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Investment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.341	+	0)	/	22.891
	=	0.15

Union Investment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.266	+	0)	/	13.679
	=	0.31

Union Investment (AMM:UINV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Union Investment Debt-to-Equity Related Terms

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Union Investment (AMM:UINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Union Investment Corp (AMM:UINV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Eritrea Street, Fourth floor, Al Nabal Building, Um Uthaina - P.O.Box 144064, Amman, JOR, 11814

Website

http://www.unioninvestco.com

Union Investment Corp is a Jordan based investment holding company. It has three operating segments including Tobacco and cigarettes; Investments in shares and associates; and Real estates by purchasing lands for the purpose of increasing its value. The company generates a vast majority of its revenue from the tobacco and cigarettes segment.

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