Oman Flour Mills (MUS:OFMI) Interest Expense: ر.ع-4.2 Mil (TTM As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.55
View Full Analysis

What is Oman Flour Mills Interest Expense?

Oman Flour Mills MUS:OFMI +0.36% 72 Interest Expense is ر.ع-4.2 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oman Flour Mills's interest expense for the six months ended in Dec. 2023 was ر.ع -4.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع-4.2 Mil.

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. Oman Flour Mills's Operating Income for the six months ended in Dec. 2023 was ر.ع 5.9 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. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oman Flour Mills  (MUS:OFMI) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oman Flour Mills's Interest Expense for the six months ended in Dec. 2023 was ر.ع-4.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was ر.ع5.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ر.ع25.7 Mil.

Oman Flour Mills's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*5.947/-4.222
=1.41

* 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.

The higher the ratio, the stronger the company's financial strength is.

Oman Flour Mills Interest Expense Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills's Interest Expense 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.

Oman Flour Mills Interest Expense Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.34 -0.88 -2.02 -4.22

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.28 -0.34 -0.88 -2.02 -4.22
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oman Flour Mills Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع-4.2 Mil.

* 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 Interest Expense →
What does a Interest Expense of ر.ع-4.2 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Interest Expense of ر.ع-4.2 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Interest Expense too high?
Oman Flour Mills' current Interest Expense is ر.ع-4.2 Mil. 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 Expense compare to JBS and KHC?
Oman Flour Mills' Interest Expense of ر.ع-4.2 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oman Flour Mills and its competitors. Oman Flour Mills's current Interest Expense is ر.ع-4.2 Mil. 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 Expense of ر.ع-4.2 Mil. The current Interest Expense is ر.ع-4.2 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Interest Expense is ر.ع-4.2 Mil 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 Business Description

Address P.O. Box 566, Ruwi, OMN, 112
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

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

ر.ع0.55
Price