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Oman National Investment HoldingOG (MUS:ONIC) Debt-to-Equity : 0.38 (As of Jun. 2015)


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What is Oman National Investment HoldingOG Debt-to-Equity?

Oman National Investment HoldingOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was ر.ع0.00 Mil. Oman National Investment HoldingOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was ر.ع24.88 Mil. Oman National Investment HoldingOG's Total Stockholders Equity for the quarter that ended in Jun. 2015 was ر.ع66.30 Mil. Oman National Investment HoldingOG's debt to equity for the quarter that ended in Jun. 2015 was 0.38.

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 National Investment HoldingOG's Debt-to-Equity or its related term are showing as below:

MUS:ONIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.38
MUS:ONIC's Debt-to-Equity is not ranked
in the Insurance industry.
Industry Median: 0.24 vs MUS:ONIC: 0.38

Oman National Investment HoldingOG Debt-to-Equity Historical Data

The historical data trend for Oman National Investment HoldingOG'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 National Investment HoldingOG Debt-to-Equity Chart

Oman National Investment HoldingOG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - - 0.27 0.29 0.33

Oman National Investment HoldingOG Quarterly Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.33 0.33 0.33 0.35 0.38

Competitive Comparison of Oman National Investment HoldingOG's Debt-to-Equity

For the Insurance - Diversified subindustry, Oman National Investment HoldingOG'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 National Investment HoldingOG's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Oman National Investment HoldingOG's Debt-to-Equity distribution charts can be found below:

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


Oman National Investment HoldingOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oman National Investment HoldingOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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 + 22.02) / 67.387
=0.33

Oman National Investment HoldingOG's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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 + 24.879) / 66.296
=0.38

* 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 National Investment HoldingOG  (MUS:ONIC) 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 National Investment HoldingOG Debt-to-Equity Related Terms

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