Oman Fisheries CoOG (MUS:OFCI) Debt-to-Equity: 0.08 (As of Mar. 2018)

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What is Oman Fisheries CoOG Debt-to-Equity?

Oman Fisheries CoOG MUS:OFCI Debt-to-Equity is 0.08 as of Mar. 2018.

Oman Fisheries CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ر.ع0.24 Mil. Oman Fisheries CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ر.ع0.86 Mil. Oman Fisheries CoOG's Total Stockholders Equity for the quarter that ended in Mar. 2018 was ر.ع14.67 Mil. Oman Fisheries CoOG's debt to equity for the quarter that ended in Mar. 2018 was 0.07.

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

MUS:OFCI's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Oman Fisheries CoOG  (MUS:OFCI) 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.

Oman Fisheries CoOG Debt-to-Equity Related Terms

Oman Fisheries CoOG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Oman Fisheries 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.

Oman Fisheries CoOG Debt-to-Equity Chart

Oman Fisheries CoOG Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.12 0.36 0.20 0.09

Oman Fisheries CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18
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 0.09 0.23 0.18 0.08 0.17

MUS:OFCI vs PLAG, MMMB, OPCO: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Oman Fisheries 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.

Oman Fisheries CoOG Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Fisheries CoOG's Debt-to-Equity distribution charts can be found below:

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


Oman Fisheries CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oman Fisheries CoOG's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.235 + 1.096) / 14.554
=0.09

Oman Fisheries CoOG's Debt to Equity Ratio for the quarter that ended in Mar. 2018 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.235 + 0.861) / 14.67
=0.07

* 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 0.08 mean?
Oman Fisheries CoOG (MUS:OFCI) has a Debt-to-Equity of 0.08 as of Mar. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Oman Fisheries CoOG and its competitors.
Is Oman Fisheries CoOG's Debt-to-Equity too high?
Oman Fisheries CoOG's current Debt-to-Equity is 0.08. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Oman Fisheries CoOG's value of 0.08 is 81% below this industry median.
How does Oman Fisheries CoOG's Debt-to-Equity compare to PLAG and MMMB?
Oman Fisheries CoOG's Debt-to-Equity of 0.08 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-Equity is 0.42. Oman Fisheries CoOG's value of 0.08 is 81% below this benchmark. 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 a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,765 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. Oman Fisheries CoOG's current Debt-to-Equity of 0.08 is 81% 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 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 Oman Fisheries CoOG and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Fisheries CoOG's current Debt-to-Equity is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Fisheries CoOG stock overvalued right now?
Oman Fisheries CoOG (MUS:OFCI) has a current Debt-to-Equity of 0.08. The current Debt-to-Equity is 0.08 and 81% below the Consumer Packaged Goods industry median of 0.42. 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 Oman Fisheries CoOG (MUS:OFCI), the current Debt-to-Equity is 0.08 as of Mar. 2018. 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.

Oman Fisheries CoOG Business Description

Address Ruwi, P.O Box 2900, Muscat, OMN, 112
Oman Fisheries Co SAOG is a fishing company. The company is engaged in the procurement, processing, and sale of fresh, frozen and coated fish, fishing and the sale of fishing rights. It offers the widest range of seafood including demersal and pelagic, tuna, cephalopods, crustaceans, fresh fish and breaded seafood products. It also provides storage and logistics services. It generates the majority of the revenue from Far East countries.