Musandam Power CoOG (MUS:MSPW) Equity-to-Asset: 0.18 (As of Jun. 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MUS:MSPW Musandam Power Co SAOG MUS:MSPW
48 GF Score
Price ر.ع0.34
GF Value ر.ع0.31
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Musandam Power CoOG Equity-to-Asset?

Musandam Power CoOG MUS:MSPW 48 Equity-to-Asset is 0.18 as of Jun. 2026, which is 38% above its 10-year median of 0.13. GuruFocus rates MUS:MSPW with a GF Score™ of 48/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 10 warning signs investors should review. Among 455 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks worse than 85.49% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Musandam Power CoOG's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ر.ع12.61 Mil. Musandam Power CoOG's Total Assets for the quarter that ended in Jun. 2026 was ر.ع69.94 Mil. Therefore, Musandam Power CoOG's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.18.

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

MUS:MSPW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.19
Current: 0.18

During the past 8 years, the highest Equity to Asset Ratio of Musandam Power CoOG was 0.19. The lowest was 0.09. And the median was 0.13.

MUS:MSPW's Equity-to-Asset is ranked worse than
85.49% of 455 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs MUS:MSPW: 0.18

Musandam Power CoOG  (MUS:MSPW) 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%.


Musandam Power CoOG Equity-to-Asset Related Terms


Musandam Power CoOG Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Musandam Power 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.

Musandam Power CoOG Equity-to-Asset Chart

Musandam Power CoOG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.12 0.12 0.16 0.18 0.18

Musandam Power CoOG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.18 0.19 0.18 0.16 0.18

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

For the Utilities - Independent Power Producers subindustry, Musandam Power 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.


Musandam Power CoOG Equity-to-Asset vs Utilities - Independent Power Producers Industry

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

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


MUS:MSPW
48GF Score
Musandam Power Co SAOG MUS:MSPW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musandam Power 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.

Musandam Power 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
=12.552/68.307
=0.18

Musandam Power CoOG's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=12.608/69.94
=0.18

* 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 0.18 mean?
Musandam Power CoOG (MUS:MSPW) has a Equity-to-Asset of 0.18 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Musandam Power CoOG and its competitors. This is 38% above median its historical median of 0.13. Over the past decade, Musandam Power CoOG's Equity-to-Asset has ranged from 0.09 to 0.19. According to the industry distribution chart, Musandam Power CoOG ranks #389 out of 455 companies in the Utilities - Independent Power Producers industry, placing it in the top 85.5%.
Is Musandam Power CoOG's Equity-to-Asset too high?
Musandam Power CoOG's current Equity-to-Asset of 0.18 is 38% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.19. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Musandam Power CoOG's value of 0.18 is 56.1% below this industry median. Based on the distribution chart, Musandam Power CoOG ranks #389 out of 455 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Musandam Power CoOG has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #389 out of 455 companies for Equity-to-Asset. This places Musandam Power CoOG in the lower half of its industry. The industry median Equity-to-Asset is 0.41. Musandam Power CoOG's value of 0.18 is 56.1% below this benchmark. Historically, Musandam Power CoOG's own Equity-to-Asset has ranged from 0.09 to 0.19 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.41, Musandam Power 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 455 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. Musandam Power CoOG's current Equity-to-Asset of 0.18 is 56.1% 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 Musandam Power 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. Musandam Power CoOG's current Equity-to-Asset is 0.18, which is 38% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 9.7% above its estimated fair value. The current Equity-to-Asset is 0.18, which is 38% above median its 10-year median of 0.13 and 56.1% below the Utilities - Independent Power Producers industry median of 0.41. Musandam Power CoOG's overall GF Score™ is 48/100 with 10 warning signs to review. 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 Musandam Power CoOG (MUS:MSPW), the current Equity-to-Asset is 0.18 as of Jun. 2026. 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.

Is Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued. The current stock price of ر.ع0.34 is trading 9.7% above its estimated GF Value™ of ر.ع0.31. GuruFocus considers Musandam Power CoOG to be Fairly Valued.

Key valuation signals for MUS:MSPW:

  • Equity-to-Asset: 0.18 (38% above median its 10-year median of 0.13)
  • GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (9.7% above fair value)
  • GF Score™: 48/100 with 10 warning signs
  • Industry Position: 56.1% below the Utilities - Independent Power Producers median (#389 of 455)

No single metric tells the full story. See the MUS:MSPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musandam Power CoOG Business Description

Address Al Rawaq Building, 2nd Floor, Office No.206, Al Qurum, OMN
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
48GF Score

Get the complete analysis for MUS:MSPW

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.34
Price
ر.ع0.31
GF Value