Oman United Insurance CoOG (MUS:OUIC) Interest Expense: ر.ع-2.31 Mil (TTM As of Mar. 2023)


MUS:OUIC Oman United Insurance Co SAOG MUS:OUIC
12 GF Score
Price ر.ع0.34
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What is Oman United Insurance CoOG Interest Expense?

Oman United Insurance CoOG MUS:OUIC 12 Interest Expense is ر.ع-2.31 Mil as of Mar. 2023. GuruFocus rates MUS:OUIC with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oman United Insurance CoOG's interest expense for the three months ended in Mar. 2023 was ر.ع -1.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ر.ع-2.31 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 United Insurance CoOG's Operating Income for the three months ended in Mar. 2023 was ر.ع 0.00 Mil. Oman United Insurance CoOG's Interest Expense for the three months ended in Mar. 2023 was ر.ع -1.05 Mil. Oman United Insurance 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 United Insurance CoOG  (MUS:OUIC) 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 United Insurance CoOG's Interest Expense for the three months ended in Mar. 2023 was ر.ع-1.05 Mil. Its EBIT for the three months ended in Mar. 2023 was ر.ع0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was ر.ع0.35 Mil.

Oman United Insurance CoOG's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

* 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 United Insurance CoOG Interest Expense Historical Data

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The historical data trend for Oman United Insurance 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 United Insurance CoOG Interest Expense Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.66 -2.94 -2.93 -3.35 -2.99

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 -0.77 -0.86 -0.62 -0.64 -1.05
MUS:OUIC
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Oman United Insurance Co SAOG MUS:OUIC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman United Insurance 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-2.31 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-2.31 Mil mean?
Oman United Insurance CoOG (MUS:OUIC) has a Interest Expense of ر.ع-2.31 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Oman United Insurance CoOG and its competitors.
Is Oman United Insurance CoOG's Interest Expense too high?
Oman United Insurance CoOG's current Interest Expense is ر.ع-2.31 Mil. Overall, Oman United Insurance CoOG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Oman United Insurance CoOG's Interest Expense compare to HNNA and MSD?
Oman United Insurance CoOG's Interest Expense of ر.ع-2.31 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Interest Expense depends on the Insurance 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 United Insurance CoOG and its competitors. Oman United Insurance CoOG's current Interest Expense is ر.ع-2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman United Insurance CoOG stock overvalued right now?
Oman United Insurance CoOG (MUS:OUIC) has a current Interest Expense of ر.ع-2.31 Mil. The current Interest Expense is ر.ع-2.31 Mil. Oman United Insurance CoOG's overall GF Score™ is 12/100. 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 United Insurance CoOG (MUS:OUIC), the current Interest Expense is ر.ع-2.31 Mil as of Mar. 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 United Insurance CoOG Business Description

Address Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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