Oman Packaging CoOG (MUS:OPCI) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Oman Packaging CoOG Debt-to-Equity?

Oman Packaging CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ر.ع0.68 Mil. Oman Packaging CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ر.ع0.27 Mil. Oman Packaging CoOG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ر.ع7.54 Mil. Oman Packaging CoOG's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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

MUS:OPCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.76
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Oman Packaging CoOG was 0.76. The lowest was 0.04. And the median was 0.23.

MUS:OPCI's Debt-to-Equity is ranked better than
76.08% of 347 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs MUS:OPCI: 0.13

Oman Packaging CoOG Debt-to-Equity Historical Data

The historical data trend for Oman Packaging 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.

* Premium members only.

Oman Packaging CoOG Debt-to-Equity Chart

Oman Packaging CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.04

0.13

0.29

0.13

Oman Packaging CoOG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.26	0.15	0.13	0.13

Competitive Comparison of Oman Packaging CoOG's Debt-to-Equity

For the Packaging & Containers subindustry, Oman Packaging 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 Packaging CoOG's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Oman Packaging CoOG's Debt-to-Equity distribution charts can be found below:

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

Oman Packaging CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oman Packaging CoOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.724	+	0.254)	/	7.714
	=	0.13

Oman Packaging CoOG's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.679	+	0.268)	/	7.544
	=	0.13

Oman Packaging CoOG (MUS:OPCI) 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 Packaging CoOG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Oman Packaging CoOG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Oman Packaging CoOG (MUS:OPCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Oman Packaging Co SAOG (MUS:OPCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rusayl Industrial Estate, P.O.Box.99, Sultanate of Oman, Muscat, OMN, 124

Website

https://www.omanipackaging.com

Oman Packaging Co SAOG is engaged in the manufacturing and selling of various types of paper packaging materials. Its product range includes corrugated boxes and a variety of cartons including regular slotted carton, die-cut wrap-around, telescopic top and bottom, single face corrugated rolls for cushioning and protection, and wax-lined cartons for frozen products. The company offers its products to industrial, agriculture and household sector. It sells the products in Oman and also exports to the Gulf Cooperation Council and Asian countries, of which the majority of the revenue is generated from sales made in Oman.

Oman Packaging CoOG (MUS:OPCI) Headlines

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