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Muscat City Desalination CoOGMUS:MCDE -2.08% Debt-to-Equity is 1.65 as of Jun. 2026, which is 54% below its 10-year median of 3.62. The stock has 3 warning signs investors should review. Among 472 Utilities - Regulated companies, Muscat City Desalination CoOG ranks worse than 76.27% on this metric.
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 Muscat City Desalination CoOG's Debt-to-Equity or its related term are showing as below:
MUS:MCDE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 3.62 Max: 6.15
Current: 1.71
During the past 9 years, the highest Debt-to-Equity Ratio of Muscat City Desalination CoOG was 6.15. The lowest was 0.08. And the median was 3.62.
MUS:MCDE's Debt-to-Equity is ranked worse than 76.27% of 472
companies
in the Utilities - Regulated industry
Industry Median: 1
vs MUS:MCDE: 1.71
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.
Muscat City Desalination CoOG Debt-to-Equity Related Terms
Muscat City Desalination CoOG Debt-to-Equity Historical Data
* 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.
Muscat City Desalination CoOG Debt-to-Equity Chart
MUS:MCDE vs AWK, WTRG, AWR: Debt-to-Equity Comparison
For the Utilities - Regulated Water subindustry, Muscat City Desalination CoOG'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.
Muscat City Desalination CoOG Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Muscat City Desalination CoOG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Muscat City Desalination CoOG's Debt-to-Equity falls into.
* 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.
Muscat City Desalination CoOG (MUS:MCDE) has a Debt-to-Equity of 1.65 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Muscat City Desalination CoOG and its competitors. This is 54% below median its historical median of 3.62. Over the past decade, Muscat City Desalination CoOG's Debt-to-Equity has ranged from 0.08 to 6.15. According to the industry distribution chart, Muscat City Desalination CoOG ranks #360 out of 472 companies in the Utilities - Regulated industry, placing it in the top 76.3%.
Is Muscat City Desalination CoOG's Debt-to-Equity too high?
Muscat City Desalination CoOG's current Debt-to-Equity of 1.65 is 54% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 6.15. The Utilities - Regulated industry median Debt-to-Equity is 1.00. Muscat City Desalination CoOG's value of 1.65 is 65% above this industry median. Based on the distribution chart, Muscat City Desalination CoOG ranks #360 out of 472 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers.
How does Muscat City Desalination CoOG's Debt-to-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Muscat City Desalination CoOG ranks #360 out of 472 companies for Debt-to-Equity. This places Muscat City Desalination CoOG in the lower half of its industry. The industry median Debt-to-Equity is 1.00. Muscat City Desalination CoOG's value of 1.65 is 65% above this benchmark. Historically, Muscat City Desalination CoOG's own Debt-to-Equity has ranged from 0.08 to 6.15 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.00, Muscat City Desalination CoOG has consistently been above 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 Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 1.00, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Muscat City Desalination CoOG's current Debt-to-Equity of 1.65 is 65% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Muscat City Desalination CoOG and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muscat City Desalination CoOG's current Debt-to-Equity is 1.65, which is 54% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muscat City Desalination CoOG stock overvalued right now?
Based on GuruFocus' analysis, Muscat City Desalination CoOG (MUS:MCDE) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.07, compared to a current price of ر.ع0.09 — trading 28.6% above its estimated fair value. The current Debt-to-Equity is 1.65, which is 54% below median its 10-year median of 3.62 and 65% above the Utilities - Regulated industry median of 1.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Muscat City Desalination CoOG (MUS:MCDE), the current Debt-to-Equity is 1.65 as of Jun. 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.
Muscat City Desalination Co SAOG is an Omani water utility that owns and operates the Al Ghubrah Independent Water Project, a seawater desalination plant supplying potable water to Muscat and surrounding areas in the Sultanate of Oman. The company produces and sells desalinated water under a long-term offtake agreement with the state-owned Oman Power and Water Procurement Company, which acts as the sole buyer of its output. Revenue is generated through a capacity investment charge, capacity operation and maintenance charges, output operation and maintenance charges, and electricity charges, providing predictable, availability-based income rather than merchant water sales. The plant uses reverse osmosis technology and is one of the principal sources of drinking water for the capital region. Operations are conducted entirely within Oman, and the company is listed on the Muscat Stock Exchange.
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