Oman Ceramics CoOG (MUS:OMCI) Debt-to-EBITDA : (As of Jun. 2021)

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What is Oman Ceramics CoOG Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Oman Ceramics CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was ر.ع0.60 Mil. Oman Ceramics CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was ر.ع2.76 Mil. Oman Ceramics CoOG's annualized EBITDA for the quarter that ended in Jun. 2021 was ر.ع-0.54 Mil. Oman Ceramics CoOG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was -6.20.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Oman Ceramics CoOG's Debt-to-EBITDA or its related term are showing as below:

MUS:OMCI's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.1
* Ranked among companies with meaningful Debt-to-EBITDA only.

Oman Ceramics CoOG  (MUS:OMCI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Oman Ceramics CoOG Debt-to-EBITDA Related Terms


Oman Ceramics CoOG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Oman Ceramics CoOG's Debt-to-EBITDA 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.

Oman Ceramics CoOG Debt-to-EBITDA Chart

Oman Ceramics CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
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Oman Ceramics CoOG Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Oman Ceramics CoOG Debt-to-EBITDA Competitor Comparison

For the Building Products & Equipment subindustry, Oman Ceramics CoOG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Ceramics CoOG Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Oman Ceramics CoOG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Oman Ceramics CoOG's Debt-to-EBITDA falls into.



Oman Ceramics CoOG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Oman Ceramics CoOG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.946082 + 1.948229) / -0.422489
=-6.85

Oman Ceramics CoOG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.59616 + 2.760414) / -0.541732
=-6.20

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2021) EBITDA data.


Oman Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.