Oman Cement (MUS:OCOI) Effective Interest Rate on Debt %: 3.29% (As of Sep. 2022)

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MUS:OCOI Oman Cement MUS:OCOI
39 GF Score
Price ر.ع0.58
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What is Oman Cement Effective Interest Rate on Debt %?

Oman Cement MUS:OCOI 39 Effective Interest Rate on Debt % is 3.29% as of Sep. 2022. GuruFocus rates MUS:OCOI with a GF Score™ of 39/100.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Oman Cement's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was ر.ع1.18 Mil. Oman Cement's average total debt for the quarter that ended in Sep. 2022 was ر.ع35.72 Mil. Therefore, Oman Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 3.29%.


Oman Cement  (MUS:OCOI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Oman Cement Effective Interest Rate on Debt % Related Terms


Oman Cement Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Oman Cement's Effective Interest Rate on Debt % 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 Cement Effective Interest Rate on Debt % Chart

Oman Cement Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.35 5.66 4.35 0.61

Oman Cement Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Effective Interest Rate on Debt % 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 6.36 1.38 3.19 3.26 3.29

Oman Cement Effective Interest Rate on Debt % Competitor Comparison

For the Building Materials subindustry, Oman Cement's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Cement Effective Interest Rate on Debt % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oman Cement's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Oman Cement's Effective Interest Rate on Debt % falls into.


MUS:OCOI
39GF Score
Oman Cement MUS:OCOI
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Cement Effective Interest Rate on Debt % Calculation

Oman Cement's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.117/( (2.866+35.773)/ 2 )
=-1  *  -0.117/19.3195
=0.61 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.775 + 2.091
=2.866

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.745 + 35.028
=35.773

Oman Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -1.176/( (35.718+35.729)/ 2 )
=-1  *  -1.176/35.7235
=3.29 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.69 + 35.028
=35.718

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.701 + 35.028
=35.729

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 3.29% mean?
Oman Cement (MUS:OCOI) has a Effective Interest Rate on Debt % of 3.29% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Oman Cement and its competitors.
Is Oman Cement's Effective Interest Rate on Debt % too high?
Oman Cement's current Effective Interest Rate on Debt % is 3.29%. Overall, Oman Cement has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Oman Cement's Effective Interest Rate on Debt % compare to competitors?
Oman Cement's Effective Interest Rate on Debt % of 3.29% can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Building Materials company?
A good Effective Interest Rate on Debt % depends on the Building Materials industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Oman Cement and its competitors. Oman Cement's current Effective Interest Rate on Debt % is 3.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Cement stock overvalued right now?
Oman Cement (MUS:OCOI) has a current Effective Interest Rate on Debt % of 3.29%. The current Effective Interest Rate on Debt % is 3.29%. Oman Cement's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Oman Cement (MUS:OCOI), the current Effective Interest Rate on Debt % is 3.29% as of Sep. 2022. 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 Cement Business Description

Address P.O. Box 560, Ruwi, OMN, 112
Oman Cement Co SAOG is an Oman based company engaged in the manufacture and sale of cement and related products. Its product portfolio covers products such as Sulphate resistant Cement, Ordinary portland cement, Moderate sulphate resistant cement and Oil well cement. The company mainly operates in the geographical segment of the Sultanate of Oman and other GCC countries and generates primarily revenue through the sales of cement and its related products.
39GF Score

Get the complete analysis for MUS:OCOI

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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