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Oman Investment & Finance CoOG (MUS:OIFC) Equity-to-Asset : 0.23 (As of Sep. 2023)


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What is Oman Investment & Finance CoOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oman Investment & Finance CoOG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ر.ع29.87 Mil. Oman Investment & Finance CoOG's Total Assets for the quarter that ended in Sep. 2023 was ر.ع132.56 Mil. Therefore, Oman Investment & Finance CoOG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.23.

The historical rank and industry rank for Oman Investment & Finance CoOG's Equity-to-Asset or its related term are showing as below:

MUS:OIFC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.29   Max: 0.38
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Oman Investment & Finance CoOG was 0.38. The lowest was 0.19. And the median was 0.29.

MUS:OIFC's Equity-to-Asset is ranked worse than
82.37% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs MUS:OIFC: 0.23

Oman Investment & Finance CoOG Equity-to-Asset Historical Data

The historical data trend for Oman Investment & Finance 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.

* Premium members only.

Oman Investment & Finance CoOG Equity-to-Asset Chart

Oman Investment & Finance CoOG Annual Data
Trend Mar13 Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.26 0.24 0.21

Oman Investment & Finance CoOG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.19 0.21 0.21 0.22 0.23

Competitive Comparison of Oman Investment & Finance CoOG's Equity-to-Asset

For the Specialty Business Services subindustry, Oman Investment & Finance 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.


Oman Investment & Finance CoOG's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Oman Investment & Finance CoOG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Oman Investment & Finance CoOG's Equity-to-Asset falls into.



Oman Investment & Finance 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.

Oman Investment & Finance CoOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=27.665/133.664
=0.21

Oman Investment & Finance CoOG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=29.869/132.559
=0.23

* 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 Investment & Finance CoOG  (MUS:OIFC) 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%.


Oman Investment & Finance CoOG Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Oman Investment & Finance CoOG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Oman Investment & Finance CoOG (MUS:OIFC) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O. Box 2476, Muscat, OMN, 112
Oman Investment & Finance Co SAOG is an Oman based investment and services company. It specializes in providing billing, collection, and debt factoring for electricity, water, and telecom services. The company's operating segment includes Execution of contracts with principals; Investment, Money exchange and Contracting. The company generates maximum revenue from the Execution of contracts with principals segment. Geographically, the group principally operates in the Sultanate of Oman and other GCC countries.

Oman Investment & Finance CoOG (MUS:OIFC) Headlines

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