Oman Ceramics CoOG (MUS:OMCI) Interest Expense: ر.ع-0.21 Mil (TTM As of Mar. 2018)

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What is Oman Ceramics CoOG Interest Expense?

Oman Ceramics CoOG MUS:OMCI Interest Expense is ر.ع-0.21 Mil as of Mar. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oman Ceramics CoOG's interest expense for the three months ended in Mar. 2018 was ر.ع -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was ر.ع-0.21 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 Ceramics CoOG's Operating Income for the three months ended in Mar. 2018 was ر.ع -0.17 Mil. Oman Ceramics CoOG's Interest Expense for the three months ended in Mar. 2018 was ر.ع -0.03 Mil. Oman Ceramics CoOG did not have earnings to cover the interest expense. 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 Ceramics CoOG  (MUS:OMCI) 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 Ceramics CoOG's Interest Expense for the three months ended in Mar. 2018 was ر.ع-0.03 Mil. Its Operating Income for the three months ended in Mar. 2018 was ر.ع-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2018 was ر.ع2.65 Mil.

Oman Ceramics CoOG's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Oman Ceramics CoOG did not have earnings to cover the 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.

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

Oman Ceramics CoOG Interest Expense Historical Data

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The historical data trend for Oman Ceramics CoOG'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 Ceramics CoOG Interest Expense Chart

Oman Ceramics CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.24 -0.21 -0.20 -0.21

Oman Ceramics CoOG Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.03 -0.12 -0.03

Oman Ceramics CoOG Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-0.21 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-0.21 Mil mean?
Oman Ceramics CoOG (MUS:OMCI) has a Interest Expense of ر.ع-0.21 Mil as of Mar. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oman Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's Interest Expense too high?
Oman Ceramics CoOG's current Interest Expense is ر.ع-0.21 Mil.
How does Oman Ceramics CoOG's Interest Expense compare to competitors?
Oman Ceramics CoOG's Interest Expense of ر.ع-0.21 Mil can be compared against companies in the Construction 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 Construction company?
A good Interest Expense depends on the Construction 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 Ceramics CoOG and its competitors. Oman Ceramics CoOG's current Interest Expense is ر.ع-0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Ceramics CoOG stock overvalued right now?
Oman Ceramics CoOG (MUS:OMCI) has a current Interest Expense of ر.ع-0.21 Mil. The current Interest Expense is ر.ع-0.21 Mil. 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 Ceramics CoOG (MUS:OMCI), the current Interest Expense is ر.ع-0.21 Mil as of Mar. 2018. 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 Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.