Dhofar Generating CoOG (MUS:DGEN) Equity-to-Asset: 0.29 (As of Dec. 2025) — 26% Above Median

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What is Dhofar Generating CoOG Equity-to-Asset?

Dhofar Generating CoOG MUS:DGEN Equity-to-Asset is 0.29 as of Dec. 2025, which is 26% above its 10-year median of 0.23. The stock has 5 warning signs investors should review. Among 454 Utilities - Independent Power Producers companies, Dhofar Generating CoOG ranks worse than 67.84% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dhofar Generating CoOG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was ر.ع54.02 Mil. Dhofar Generating CoOG's Total Assets for the quarter that ended in Dec. 2025 was ر.ع183.90 Mil. Therefore, Dhofar Generating CoOG's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.29.

The historical rank and industry rank for Dhofar Generating CoOG's Equity-to-Asset or its related term are showing as below:

MUS:DGEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.23   Max: 0.29
Current: 0.29

During the past 9 years, the highest Equity to Asset Ratio of Dhofar Generating CoOG was 0.29. The lowest was 0.16. And the median was 0.23.

MUS:DGEN's Equity-to-Asset is ranked worse than
67.84% of 454 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs MUS:DGEN: 0.29

Dhofar Generating CoOG  (MUS:DGEN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Dhofar Generating CoOG Equity-to-Asset Related Terms


Dhofar Generating CoOG Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Dhofar Generating CoOG's Equity-to-Asset 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.

Dhofar Generating CoOG Equity-to-Asset Chart

Dhofar Generating CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.19 0.25 0.27 0.29 0.29

Dhofar Generating CoOG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Equity-to-Asset 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 0.29 0.28 0.29 0.30 0.29

MUS:DGEN vs CEG, VST, NRG: Equity-to-Asset Comparison

For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Dhofar Generating CoOG Equity-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dhofar Generating CoOG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dhofar Generating CoOG's Equity-to-Asset falls into.



Dhofar Generating CoOG Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Dhofar Generating CoOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=54.02/183.898
=0.29

Dhofar Generating CoOG's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=54.02/183.898
=0.29

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.29 mean?
Dhofar Generating CoOG (MUS:DGEN) has a Equity-to-Asset of 0.29 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dhofar Generating CoOG and its competitors. This is 26% above median its historical median of 0.23. Over the past decade, Dhofar Generating CoOG's Equity-to-Asset has ranged from 0.16 to 0.29. According to the industry distribution chart, Dhofar Generating CoOG ranks #308 out of 454 companies in the Utilities - Independent Power Producers industry, placing it in the top 67.8%.
Is Dhofar Generating CoOG's Equity-to-Asset too high?
Dhofar Generating CoOG's current Equity-to-Asset of 0.29 is 26% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.29. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Dhofar Generating CoOG's value of 0.29 is 29.3% below this industry median. Based on the distribution chart, Dhofar Generating CoOG ranks #308 out of 454 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Dhofar Generating CoOG's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Dhofar Generating CoOG ranks #308 out of 454 companies for Equity-to-Asset. This places Dhofar Generating CoOG in the lower half of its industry. The industry median Equity-to-Asset is 0.41. Dhofar Generating CoOG's value of 0.29 is 29.3% below this benchmark. Historically, Dhofar Generating CoOG's own Equity-to-Asset has ranged from 0.16 to 0.29 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.41, Dhofar Generating CoOG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 454 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dhofar Generating CoOG's current Equity-to-Asset of 0.29 is 29.3% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dhofar Generating CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhofar Generating CoOG's current Equity-to-Asset is 0.29, which is 26% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhofar Generating CoOG stock overvalued right now?
Based on GuruFocus' analysis, Dhofar Generating CoOG (MUS:DGEN) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.08 — trading 1.3% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 26% above median its 10-year median of 0.23 and 29.3% below the Utilities - Independent Power Producers industry median of 0.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Dhofar Generating CoOG (MUS:DGEN), the current Equity-to-Asset is 0.29 as of Dec. 2025. 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.

Dhofar Generating CoOG Business Description

Address P O Box 1571, Salalah, OMN, 211
Dhofar Generating Co SAOG principal activity of the Company is electricity generation under a license issued by the Authority for Public Services Regulation (APSR), Oman. The company is to develop, finance, design, construct, operate, maintain, insure and own a net power generating station and other relevant infrastructure. The Company has only one segment.