Muscat Insurance CoOG (MUS:MCTI) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Muscat Insurance CoOG LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Muscat Insurance CoOG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Muscat Insurance CoOG's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Muscat Insurance CoOG is progressively becoming more dependent on debt to grow their business.

Muscat Insurance CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Muscat Insurance CoOG's LT-Debt-to-Total-Asset 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.

* Premium members only.

Muscat Insurance CoOG LT-Debt-to-Total-Asset Chart

Muscat Insurance CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Muscat Insurance CoOG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Muscat Insurance CoOG LT-Debt-to-Total-Asset Calculation

Muscat Insurance CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.029	/	43.467
	=	0.00

Muscat Insurance CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.022	/	40.687
	=	0.00

Muscat Insurance CoOG (MUS:MCTI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Muscat Insurance CoOG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Muscat Insurance CoOG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Muscat Insurance CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Muscat Insurance Co SAOG (MUS:MCTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3501, Al Alam Street, Street 281, Building No 233, Way 3501, Al Khuwair, Bousher, Muscat, OMN

Website

https://www.micsaog.com

Muscat Insurance Co SAOG is an investment company. It is mainly engaged in the general insurance business and underwrites risk in various classes of general insurance in Oman such as fire, motor, accident, engineering and construction. The company has two segments: General and Medical Insurance and Life Insurance.

Muscat Insurance CoOG Headlines

No Headlines