Oman Telecommunications CoOG (MUS:OTEL) Debt-to-Equity : 4.35 (As of Dec. 2023)

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What is Oman Telecommunications CoOG Debt-to-Equity?

Oman Telecommunications CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع533 Mil. Oman Telecommunications CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع2,281 Mil. Oman Telecommunications CoOG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع646 Mil. Oman Telecommunications CoOG's debt to equity for the quarter that ended in Dec. 2023 was 4.35.

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 Oman Telecommunications CoOG's Debt-to-Equity or its related term are showing as below:

MUS:OTEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 4.24 Max: 5.02
Current: 4.35

During the past 13 years, the highest Debt-to-Equity Ratio of Oman Telecommunications CoOG was 5.02. The lowest was 0.01. And the median was 4.24.

MUS:OTEL's Debt-to-Equity is ranked worse than
93.62% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.67 vs MUS:OTEL: 4.35

Oman Telecommunications CoOG Debt-to-Equity Historical Data

The historical data trend for Oman Telecommunications CoOG'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.

Oman Telecommunications CoOG Debt-to-Equity Chart

Oman Telecommunications CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.02

4.47

4.58

4.12

4.35

Oman Telecommunications CoOG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															4.12	4.02	3.90	3.88	4.35

Competitive Comparison of Oman Telecommunications CoOG's Debt-to-Equity

For the Telecom Services subindustry, Oman Telecommunications CoOG'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.

Oman Telecommunications CoOG's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Oman Telecommunications CoOG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Oman Telecommunications CoOG's Debt-to-Equity falls into.

Oman Telecommunications CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oman Telecommunications CoOG'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
	=	(532.753	+	2280.55)	/	646.303
	=	4.35

Oman Telecommunications CoOG's Debt to Equity Ratio for the quarter 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
	=	(532.753	+	2280.55)	/	646.303
	=	4.35

Oman Telecommunications CoOG (MUS:OTEL) 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.

Oman Telecommunications CoOG Debt-to-Equity Related Terms

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Oman Telecommunications CoOG (MUS:OTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Oman Telecommunications Co SAOG (MUS:OTEL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box: 789, Ruwi, Muscat, OMN, 112

Website

https://www.omantel.om

Oman Telecommunications Co SAOG is engaged in the establishment, operation, maintenance, and development of telecommunication services in the Sultanate of Oman. The company and its subsidiaries operate in a single business segment: telecommunications and related services. Its revenue comprises Fixed Broadband, Mobile Postpaid, and ICT (Information and communications technology). The geographical segments are Oman, Kuwait, Jordan, Sudan, Iraq, Bahrain, Saudi Arabia, and Others.