Oman United Insurance CoOG (MUS:OUIC) Effective Interest Rate on Debt %: 553.40% (As of Mar. 2023)


MUS:OUIC Oman United Insurance Co SAOG MUS:OUIC
12 GF Score
Price ر.ع0.36
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What is Oman United Insurance CoOG Effective Interest Rate on Debt %?

Oman United Insurance CoOG MUS:OUIC 12 Effective Interest Rate on Debt % is 553.40% as of Mar. 2023. GuruFocus rates MUS:OUIC with a GF Score™ of 12/100.

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 United Insurance CoOG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ر.ع4.19 Mil. Oman United Insurance CoOG's average total debt for the quarter that ended in Mar. 2023 was ر.ع0.76 Mil. Therefore, Oman United Insurance CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 553.40%.


Oman United Insurance CoOG  (MUS:OUIC) Effective Interest Rate on Debt % Explanation

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


Oman United Insurance CoOG Effective Interest Rate on Debt % Related Terms


Oman United Insurance CoOG Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Oman United Insurance CoOG'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 United Insurance CoOG Effective Interest Rate on Debt % Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.75 0.00 1,392.86 224.85 193.21

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 947.37 1,111.25 416.78 247.14 553.40

MUS:OUIC vs HNNA, MSD, FRMO: Effective Interest Rate on Debt % Comparison

For the Insurance - Reinsurance subindustry, Oman United Insurance CoOG'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 United Insurance CoOG Effective Interest Rate on Debt % vs Insurance Industry

For the Insurance industry and Financial Services sector, Oman United Insurance CoOG's Effective Interest Rate on Debt % distribution charts can be found below:

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


MUS:OUIC
12GF Score
Oman United Insurance Co SAOG MUS:OUIC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman United Insurance CoOG Effective Interest Rate on Debt % Calculation

Oman United Insurance CoOG'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  *  -2.986/( (2.768+0.323)/ 2 )
=-1  *  -2.986/1.5455
=193.21 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.362 + 2.406
=2.768

Oman United Insurance CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -4.192/( (1.169+0.346)/ 2 )
=-1  *  -4.192/0.7575
=553.40 %

where

* 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 (Mar. 2023) 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 553.40% mean?
Oman United Insurance CoOG (MUS:OUIC) has a Effective Interest Rate on Debt % of 553.40% as of Mar. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Oman United Insurance CoOG and its competitors.
Is Oman United Insurance CoOG's Effective Interest Rate on Debt % too high?
Oman United Insurance CoOG's current Effective Interest Rate on Debt % is 553.40%. Overall, Oman United Insurance CoOG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Oman United Insurance CoOG's Effective Interest Rate on Debt % compare to HNNA and MSD?
Oman United Insurance CoOG's Effective Interest Rate on Debt % of 553.40% can be compared against companies in the Insurance 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 an Insurance company?
A good Effective Interest Rate on Debt % depends on the Insurance 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 United Insurance CoOG and its competitors. Oman United Insurance CoOG's current Effective Interest Rate on Debt % is 553.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman United Insurance CoOG stock overvalued right now?
Oman United Insurance CoOG (MUS:OUIC) has a current Effective Interest Rate on Debt % of 553.40%. The current Effective Interest Rate on Debt % is 553.40%. Oman United Insurance CoOG's overall GF Score™ is 12/100. 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 United Insurance CoOG (MUS:OUIC), the current Effective Interest Rate on Debt % is 553.40% as of Mar. 2023. 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 United Insurance CoOG Business Description

Address Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.
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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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