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 Flour Mills's
Operating Income
for the
six
months ended in Dec. 2023 was ر.ع5.9 Mil. Oman Flour Mills's Interest Expense for the
six
months ended in Dec. 2023 was ر.ع-4.2 Mil.
Oman Flour Mills's interest coverage for the quarter that ended in Dec. 2023 was 1.41.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Oman Flour Mills's Interest Coverage or its related term are showing as below:
MUS:OFMI's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.64 * Ranked among companies with meaningful Interest Coverage only.
Oman Flour Mills (MUS:OFMI) 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 Flour Mills Interest Coverage Related Terms
Oman Flour Mills Interest Coverage Historical Data
* Premium members only.
The historical data trend for Oman Flour Mills'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.
MUS:OFMI vs JBS, KHC, K: Interest Coverage Comparison
For the Packaged Foods subindustry, Oman Flour Mills'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 Flour Mills Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Flour Mills's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Oman Flour Mills'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 Flour Mills (MUS:OFMI) has a Interest Coverage of 1.41 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Interest Coverage too high?
Oman Flour Mills' current Interest Coverage is 1.41. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Oman Flour Mills' value of 1.41 is 83.7% below this industry median. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Interest Coverage compare to JBS and KHC?
Oman Flour Mills' Interest Coverage of 1.41 can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.64. Oman Flour Mills' value of 1.41 is 83.7% 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,510 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 Flour Mills's current Interest Coverage of 1.41 is 83.7% 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 Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Flour Mills's current Interest Coverage is 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Interest Coverage of 1.41. The current Interest Coverage is 1.41 and 83.7% below the Consumer Packaged Goods industry median of 8.64. Oman Flour Mills' overall GF Score™ is 72/100. 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 Flour Mills (MUS:OFMI), the current Interest Coverage is 1.41 as of Dec. 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 Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score
Get the complete analysis for MUS:OFMI
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