OQ Gas Network Company S A O G (MUS:OQGN) Current Ratio: 0.97 (As of Mar. 2026) — Near Median

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MUS:OQGN OQ Gas Network Company S A O G MUS:OQGN
11 GF Score
Price ر.ع0.20
GF Value ر.ع0.29
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is OQ Gas Network Company S A O G Current Ratio?

OQ Gas Network Company S A O G MUS:OQGN 11 Current Ratio is 0.97 as of Mar. 2026, which is 6% below its 10-year median of 1.03. GuruFocus rates MUS:OQGN with a GF Score™ of 11/100 and a GF Value™ of ر.ع0.29 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,013 Oil & Gas companies, OQ Gas Network Company S A O G ranks worse than 69.5% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. OQ Gas Network Company S A O G's current ratio for the quarter that ended in Mar. 2026 was 0.97.

OQ Gas Network Company S A O G has a current ratio of 0.97. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If OQ Gas Network Company S A O G has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for OQ Gas Network Company S A O G's Current Ratio or its related term are showing as below:

MUS:OQGN' s Current Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.03   Max: 1.54
Current: 0.97

During the past 4 years, OQ Gas Network Company S A O G's highest Current Ratio was 1.54. The lowest was 0.62. And the median was 1.03.

MUS:OQGN's Current Ratio is ranked worse than
69.5% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.35 vs MUS:OQGN: 0.97

OQ Gas Network Company S A O G  (MUS:OQGN) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


OQ Gas Network Company S A O G Current Ratio Related Terms


OQ Gas Network Company S A O G Current Ratio Historical Data

* Premium members only.

The historical data trend for OQ Gas Network Company S A O G's Current Ratio 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.

OQ Gas Network Company S A O G Current Ratio Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
1.39 0.99 1.01 0.62

OQ Gas Network Company S A O G Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.09 1.03 0.62 0.97

MUS:OQGN vs WMB, EPD, KMI: Current Ratio Comparison

For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G's Current Ratio, along with its competitors' market caps and Current Ratio 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.


OQ Gas Network Company S A O G Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's Current Ratio distribution charts can be found below:

* The bar in red indicates where OQ Gas Network Company S A O G's Current Ratio falls into.


MUS:OQGN
11GF Score
OQ Gas Network Company S A O G MUS:OQGN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OQ Gas Network Company S A O G Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

OQ Gas Network Company S A O G's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=77.199/125.449
=0.62

OQ Gas Network Company S A O G's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=73.698/75.897
=0.97

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.97 mean?
OQ Gas Network Company S A O G (MUS:OQGN) has a Current Ratio of 0.97 as of Mar. 2026. This is near median its historical median of 1.03. Over the past decade, OQ Gas Network Company S A O G's Current Ratio has ranged from 0.62 to 1.54. According to the industry distribution chart, OQ Gas Network Company S A O G ranks #704 out of 1013 companies in the Oil & Gas industry, placing it in the top 69.5%.
Is OQ Gas Network Company S A O G's Current Ratio too high?
OQ Gas Network Company S A O G's current Current Ratio of 0.97 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.54. The Oil & Gas industry median Current Ratio is 1.35. OQ Gas Network Company S A O G's value of 0.97 is 28.1% below this industry median. Based on the distribution chart, OQ Gas Network Company S A O G ranks #704 out of 1013 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, OQ Gas Network Company S A O G has a GF Score™ of 11/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OQ Gas Network Company S A O G's Current Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, OQ Gas Network Company S A O G ranks #704 out of 1013 companies for Current Ratio. This places OQ Gas Network Company S A O G in the lower half of its industry. The industry median Current Ratio is 1.35. OQ Gas Network Company S A O G's value of 0.97 is 28.1% below this benchmark. Historically, OQ Gas Network Company S A O G's own Current Ratio has ranged from 0.62 to 1.54 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.35, OQ Gas Network Company S A O G has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OQ Gas Network Company S A O G's current Current Ratio of 0.97 is 28.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OQ Gas Network Company S A O G's current Current Ratio is 0.97, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Gas Network Company S A O G stock overvalued right now?
Based on GuruFocus' analysis, OQ Gas Network Company S A O G (MUS:OQGN) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ع0.29, compared to a current price of ر.ع0.20 — trading 31% below its estimated fair value. The current Current Ratio is 0.97, which is near median its 10-year median of 1.03 and 28.1% below the Oil & Gas industry median of 1.35. OQ Gas Network Company S A O G's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For OQ Gas Network Company S A O G (MUS:OQGN), the current Current Ratio is 0.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OQ Gas Network Company S A O G (MUS:OQGN) Overvalued in 2026?

Based on GuruFocus' analysis, OQ Gas Network Company S A O G stock appears to be undervalued. The current stock price of ر.ع0.20 is trading 31% below its estimated GF Value™ of ر.ع0.29. GuruFocus considers OQ Gas Network Company S A O G to be Possible Value Trap.

Key valuation signals for MUS:OQGN:

  • Current Ratio: 0.97 (near median its 10-year median of 1.03)
  • GF Value™: ر.ع0.29 vs. price of ر.ع0.20 (31% below fair value)
  • GF Score™: 11/100 with 8 warning signs
  • Industry Position: 28.1% below the Oil & Gas median (#704 of 1013)

No single metric tells the full story. See the MUS:OQGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OQ Gas Network Company S A O G Business Description

Industry EnergyOil & Gas
Address Al Khuwair, P.O. Box 799, Sultanate of Oman, Muscat, OMN, 133
OQ Gas Network Company S A O G is a company that is the exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. It is responsible for acquiring, constructing, operating, and maintaining gas transportation pipelines, facilitating natural gas distribution from producers to consumers, and serving Oman's Liquefied Natural Gas (LNG) complexes, oil and gas sector, power and desalination plants, industrial clusters, free zones, and other customers.
11GF Score

Get the complete analysis for MUS:OQGN

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.20
Price
ر.ع0.29
GF Value