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Oman Flour Mills (MUS:OFMI) Equity-to-Asset : 0.72 (As of Jun. 2019)


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What is Oman Flour Mills Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oman Flour Mills's Total Stockholders Equity for the quarter that ended in Jun. 2019 was ر.ع74.01 Mil. Oman Flour Mills's Total Assets for the quarter that ended in Jun. 2019 was ر.ع102.20 Mil. Therefore, Oman Flour Mills's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was 0.72.

The historical rank and industry rank for Oman Flour Mills's Equity-to-Asset or its related term are showing as below:

MUS:OFMI's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Oman Flour Mills Equity-to-Asset Historical Data

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

Oman Flour Mills Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.70 0.76 0.74 0.78

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
Equity-to-Asset 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 0.78 0.78 0.74 0.68 0.72

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

For the Packaged Foods subindustry, Oman Flour Mills's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Oman Flour Mills Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Jun. 2016 )=Total Stockholders Equity/Total Assets
=69.825/89.867
=0.78

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

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=74.006/102.204
=0.72

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Oman Flour Mills Equity-to-Asset Related Terms

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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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