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Oman Flour Mills (MUS:OFMI) Debt-to-Equity : 0.29 (As of Jun. 2019)


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What is Oman Flour Mills Debt-to-Equity?

Oman Flour Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was ر.ع7.46 Mil. Oman Flour Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was ر.ع14.06 Mil. Oman Flour Mills's Total Stockholders Equity for the quarter that ended in Jun. 2019 was ر.ع74.01 Mil. Oman Flour Mills's debt to equity for the quarter that ended in Jun. 2019 was 0.29.

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 Flour Mills's Debt-to-Equity or its related term are showing as below:

MUS:OFMI's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Oman Flour Mills Debt-to-Equity Historical Data

The historical data trend for Oman Flour Mills'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 Flour Mills Debt-to-Equity Chart

Oman Flour Mills Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.32 0.19 0.21 0.17

Oman Flour Mills Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep18 Mar19 Jun19
Debt-to-Equity 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 0.18 0.18 0.22 0.24 0.29

Competitive Comparison of Oman Flour Mills's Debt-to-Equity

For the Packaged Foods subindustry, Oman Flour Mills'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 Flour Mills's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Flour Mills's Debt-to-Equity distribution charts can be found below:

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



Oman Flour Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oman Flour Mills's Debt to Equity Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Oman Flour Mills's Debt to Equity Ratio for the quarter that ended in Jun. 2019 is calculated as

* 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.


Oman Flour Mills  (MUS:OFMI) 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 Flour Mills Debt-to-Equity Related Terms

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


Oman Flour Mills (MUS:OFMI) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the processing and sale of a flour mill and feed mill. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.

Oman Flour Mills (MUS:OFMI) Headlines

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