Dhofar Insurance CoOG (MUS:DICS) Debt-to-Equity : 0.00 (As of Sep. 2022)

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What is Dhofar Insurance CoOG Debt-to-Equity?

Dhofar Insurance CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ر.ع0.00 Mil. Dhofar Insurance CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ر.ع0.00 Mil. Dhofar Insurance CoOG's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ر.ع27.88 Mil. Dhofar Insurance CoOG's debt to equity for the quarter that ended in Sep. 2022 was 0.00.

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

MUS:DICS's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Dhofar Insurance CoOG Debt-to-Equity Historical Data

The historical data trend for Dhofar Insurance 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.

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Dhofar Insurance CoOG Debt-to-Equity Chart

Dhofar Insurance CoOG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.18

0.26

0.23

Dhofar Insurance CoOG Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Dhofar Insurance CoOG's Debt-to-Equity

For the Insurance - Diversified subindustry, Dhofar Insurance 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.

Dhofar Insurance CoOG's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dhofar Insurance CoOG's Debt-to-Equity distribution charts can be found below:

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

Dhofar Insurance CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhofar Insurance CoOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0	+	0)	/	27.056
	=	0.00

Dhofar Insurance CoOG's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(0	+	0)	/	27.879
	=	0.00

Dhofar Insurance CoOG (MUS:DICS) 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.

Dhofar Insurance CoOG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Dhofar Insurance CoOG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Dhofar Insurance CoOG (MUS:DICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dhofar Insurance Co SAOG (MUS:DICS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1002, Ruwi, OMN, 112

Website

http://www.dhofarinsurance.com

Dhofar Insurance Co SAOG operates in the insurance industry. The company's principal activity is undertaking the business of insurance and reinsurance (general and life) in the Sultanate of Oman. It has aggregated its operations into two reportable segments - General Insurance and Life Insurance. General Insurance business includes insurance and reinsurance of a motor; fire and general accident; and marine cargo and hull. The Life Insurance business relates to insuring the life of an individual. The majority of revenue is generated from the General insurance segment.

Dhofar Insurance CoOG (MUS:DICS) Headlines

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