Oman Fisheries CoOG (MUS:OFCI) LT-Debt-to-Total-Asset: 0.05 (As of Mar. 2018)


What is Oman Fisheries CoOG LT-Debt-to-Total-Asset?

Oman Fisheries CoOG MUS:OFCI LT-Debt-to-Total-Asset is 0.05 as of Mar. 2018.

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. Oman Fisheries CoOG's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.05.

Oman Fisheries CoOG's long-term debt to total assets ratio declined from Mar. 2017 (0.06) to Mar. 2018 (0.05). It may suggest that Oman Fisheries CoOG is progressively becoming less dependent on debt to grow their business.

Oman Fisheries CoOG  (MUS:OFCI) 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.

Oman Fisheries CoOG LT-Debt-to-Total-Asset Related Terms

Oman Fisheries CoOG LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Oman Fisheries 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.

Oman Fisheries CoOG LT-Debt-to-Total-Asset Chart

Oman Fisheries CoOG Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.07 0.08 0.06

Oman Fisheries CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18
LT-Debt-to-Total-Asset 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 0.06 0.05 0.05 0.05 0.04

Oman Fisheries CoOG LT-Debt-to-Total-Asset Calculation

Oman Fisheries CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (A: Mar. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2017 )/Total Assets (A: Mar. 2017 )
=1.096/17.793
=0.06

Oman Fisheries CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (Q: Mar. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )/Total Assets (Q: Mar. 2018 )
=0.861/17.398
=0.05

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.05 mean?
Oman Fisheries CoOG (MUS:OFCI) has a LT-Debt-to-Total-Asset of 0.05 as of Mar. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Oman Fisheries CoOG and its competitors.
Is Oman Fisheries CoOG's LT-Debt-to-Total-Asset too high?
Oman Fisheries CoOG's current LT-Debt-to-Total-Asset is 0.05.
How does Oman Fisheries CoOG's LT-Debt-to-Total-Asset compare to PLAG and MMMB?
Oman Fisheries CoOG's LT-Debt-to-Total-Asset of 0.05 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 LT-Debt-to-Total-Asset for a Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Oman Fisheries CoOG and its competitors. Oman Fisheries CoOG's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Fisheries CoOG stock overvalued right now?
Oman Fisheries CoOG (MUS:OFCI) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Oman Fisheries CoOG (MUS:OFCI), the current LT-Debt-to-Total-Asset is 0.05 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 Fisheries CoOG Business Description

Address Ruwi, P.O Box 2900, Muscat, OMN, 112
Oman Fisheries Co SAOG is a fishing company. The company is engaged in the procurement, processing, and sale of fresh, frozen and coated fish, fishing and the sale of fishing rights. It offers the widest range of seafood including demersal and pelagic, tuna, cephalopods, crustaceans, fresh fish and breaded seafood products. It also provides storage and logistics services. It generates the majority of the revenue from Far East countries.