Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Oman Cement's
Operating Income
for the
three
months ended in Sep. 2022 was ر.ع1.05 Mil. Oman Cement's Interest Expense for the
three
months ended in Sep. 2022 was ر.ع-0.29 Mil.
Oman Cement's interest coverage for the quarter that ended in Sep. 2022 was 3.55.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Oman Cement's Interest Coverage or its related term are showing as below:
MUS:OCOI's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.63 * Ranked among companies with meaningful Interest Coverage only.
Oman Cement (MUS:OCOI) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Oman Cement Interest Coverage Related Terms
Oman Cement Interest Coverage Historical Data
* Premium members only.
The historical data trend for Oman Cement's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Oman Cement Interest Coverage Competitor Comparison
For the Building Materials subindustry, Oman Cement's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Oman Cement's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Oman Cement's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MUS:OCOI) has a Interest Coverage of 3.55 as of Sep. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oman Cement and its competitors.
Is Oman Cement's Interest Coverage too high?
Oman Cement's current Interest Coverage is 3.55. The Building Materials industry median Interest Coverage is 6.63. Oman Cement's value of 3.55 is 46.5% below this industry median. 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 Interest Coverage compare to competitors?
Oman Cement's Interest Coverage of 3.55 can be compared against companies in the Building Materials industry. The industry median Interest Coverage is 6.63. Oman Cement's value of 3.55 is 46.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oman Cement's current Interest Coverage of 3.55 is 46.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oman Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Cement's current Interest Coverage is 3.55. 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 Interest Coverage of 3.55. The current Interest Coverage is 3.55 and 46.5% below the Building Materials industry median of 6.63. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Oman Cement (MUS:OCOI), the current Interest Coverage is 3.55 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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:OCOI has been successfully added to your 
