Musandam Power CoOG (MUS:MSPW) Debt-to-Equity: 3.88 (As of Jun. 2026) — 26% Below Median

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MUS:MSPW Musandam Power Co SAOG MUS:MSPW
49 GF Score
Price ر.ع0.34
GF Value ر.ع0.31
Valuation Fairly Valued
! 10 Warning Signs
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What is Musandam Power CoOG Debt-to-Equity?

Musandam Power CoOG MUS:MSPW 49 Debt-to-Equity is 3.88 as of Jun. 2026, which is 26% below its 10-year median of 5.24. GuruFocus rates MUS:MSPW with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 10 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks worse than 93.7% on this metric.

Musandam Power CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ر.ع8.85 Mil. Musandam Power CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ر.ع40.01 Mil. Musandam Power CoOG's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ر.ع12.61 Mil. Musandam Power CoOG's debt to equity for the quarter that ended in Jun. 2026 was 3.88.

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 Musandam Power CoOG's Debt-to-Equity or its related term are showing as below:

MUS:MSPW' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.72   Med: 5.24   Max: 8.49
Current: 3.88

During the past 8 years, the highest Debt-to-Equity Ratio of Musandam Power CoOG was 8.49. The lowest was 3.72. And the median was 5.24.

MUS:MSPW's Debt-to-Equity is ranked worse than
93.7% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs MUS:MSPW: 3.88

Musandam Power CoOG  (MUS:MSPW) 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.


Musandam Power CoOG Debt-to-Equity Related Terms


Musandam Power CoOG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Musandam Power CoOG'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.

Musandam Power CoOG Debt-to-Equity Chart

Musandam Power CoOG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 5.57 5.17 4.65 4.15 3.89

Musandam Power CoOG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.10 3.72 3.89 4.65 3.88

MUS:MSPW vs CEG, VST, NRG: Debt-to-Equity Comparison

For the Utilities - Independent Power Producers subindustry, Musandam Power 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.


Musandam Power CoOG Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Musandam Power CoOG's Debt-to-Equity falls into.


MUS:MSPW
49GF Score
Musandam Power Co SAOG MUS:MSPW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Musandam Power CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Musandam Power CoOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Musandam Power CoOG's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 3.88 mean?
Musandam Power CoOG (MUS:MSPW) has a Debt-to-Equity of 3.88 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Musandam Power CoOG and its competitors. This is 26% below median its historical median of 5.24. Over the past decade, Musandam Power CoOG's Debt-to-Equity has ranged from 3.72 to 8.49. According to the industry distribution chart, Musandam Power CoOG ranks #372 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 93.7%.
Is Musandam Power CoOG's Debt-to-Equity too high?
Musandam Power CoOG's current Debt-to-Equity of 3.88 is 26% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 8.49. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Musandam Power CoOG's value of 3.88 is 361.9% above this industry median. Based on the distribution chart, Musandam Power CoOG ranks #372 out of 397 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Musandam Power CoOG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #372 out of 397 companies for Debt-to-Equity. This places Musandam Power CoOG in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Musandam Power CoOG's value of 3.88 is 361.9% above this benchmark. Historically, Musandam Power CoOG's own Debt-to-Equity has ranged from 3.72 to 8.49 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 0.84, Musandam Power 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 - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 397 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. Musandam Power CoOG's current Debt-to-Equity of 3.88 is 361.9% 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 Musandam Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musandam Power CoOG's current Debt-to-Equity is 3.88, which is 26% below median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 8.1% above its estimated fair value. The current Debt-to-Equity is 3.88, which is 26% below median its 10-year median of 5.24 and 361.9% above the Utilities - Independent Power Producers industry median of 0.84. Musandam Power CoOG's overall GF Score™ is 49/100 with 10 warning signs to review. 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 Musandam Power CoOG (MUS:MSPW), the current Debt-to-Equity is 3.88 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.

Is Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued. The current stock price of ر.ع0.34 is trading 8.1% above its estimated GF Value™ of ر.ع0.31. GuruFocus considers Musandam Power CoOG to be Fairly Valued.

Key valuation signals for MUS:MSPW:

  • Debt-to-Equity: 3.88 (26% below median its 10-year median of 5.24)
  • GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (8.1% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 361.9% above the Utilities - Independent Power Producers median (#372 of 397)

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


Musandam Power CoOG Business Description

Address Al Rawaq Building, 2nd Floor, Office No.206, Al Qurum, OMN
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
49GF Score

Get the complete analysis for MUS:MSPW

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

ر.ع0.34
Price
ر.ع0.31
GF Value