Ooredoo (MUS:ORDS) Debt-to-Equity : 0.20 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Ooredoo Debt-to-Equity?

Ooredoo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع22.3 Mil. Ooredoo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع29.2 Mil. Ooredoo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع258.9 Mil. Ooredoo's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

MUS:ORDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.25
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Ooredoo was 0.25. The lowest was 0.05. And the median was 0.19.

MUS:ORDS's Debt-to-Equity is ranked better than
78.13% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs MUS:ORDS: 0.20

Ooredoo Debt-to-Equity Historical Data

The historical data trend for Ooredoo'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.

Ooredoo Debt-to-Equity Chart

Ooredoo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.17

0.22

0.25

0.18

0.20

Ooredoo Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.17	0.22	0.25	0.18	0.20

Competitive Comparison of Ooredoo's Debt-to-Equity

For the Telecom Services subindustry, Ooredoo'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.

Ooredoo's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ooredoo's Debt-to-Equity distribution charts can be found below:

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

Ooredoo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ooredoo'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
	=	(22.348	+	29.239)	/	258.938
	=	0.20

Ooredoo's Debt to Equity Ratio for the quarter 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
	=	(22.348	+	29.239)	/	258.938
	=	0.20

Ooredoo (MUS:ORDS) 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.

Ooredoo Debt-to-Equity Related Terms

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

Ooredoo (MUS:ORDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ooredoo (MUS:ORDS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Post Office, P.O. Box 874, Tilal Building, Muscat, OMN, 111

Website

https://www.ooredoo.om

Ooredoo is an Oman-based company operating in the telecom industry. Its principal activities are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of a global system for mobile communication for pre-paid and post-paid services, the sale of telecommunication equipment, and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed lines, the sale of telecommunication equipment, and other associated services. It derives a majority of the revenue from the Mobile segment.

Ooredoo (MUS:ORDS) Headlines

No Headlines