Oman Ceramics CoOG (MUS:OMCI) LT-Debt-to-Total-Asset: 0.55 (As of Mar. 2018)

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

Oman Ceramics CoOG MUS:OMCI LT-Debt-to-Total-Asset is 0.55 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 Ceramics CoOG's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.55.

Oman Ceramics CoOG's long-term debt to total assets ratio increased from Mar. 2017 (0.54) to Mar. 2018 (0.55). It may suggest that Oman Ceramics CoOG is progressively becoming more dependent on debt to grow their business.

Oman Ceramics CoOG  (MUS:OMCI) 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 Ceramics CoOG LT-Debt-to-Total-Asset Related Terms

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

* Premium members only.

The historical data trend for Oman Ceramics 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 Ceramics CoOG LT-Debt-to-Total-Asset Chart

Oman Ceramics CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.34 0.41 0.42 0.41

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
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 0.54 0.54 0.53 0.41 0.55

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

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

LT Debt to Total Assets (A: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )/Total Assets (A: Dec. 2017 )
=2.147/5.234
=0.41

Oman Ceramics 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 )
=2.651/4.786
=0.55

* 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 0.55 mean?
Oman Ceramics CoOG (MUS:OMCI) has a LT-Debt-to-Total-Asset of 0.55 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 Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's LT-Debt-to-Total-Asset too high?
Oman Ceramics CoOG's current LT-Debt-to-Total-Asset is 0.55.
How does Oman Ceramics CoOG's LT-Debt-to-Total-Asset compare to competitors?
Oman Ceramics CoOG's LT-Debt-to-Total-Asset of 0.55 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 LT-Debt-to-Total-Asset for a Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction 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 Ceramics CoOG and its competitors. Oman Ceramics CoOG's current LT-Debt-to-Total-Asset is 0.55. 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 LT-Debt-to-Total-Asset of 0.55. The current LT-Debt-to-Total-Asset is 0.55. 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 Ceramics CoOG (MUS:OMCI), the current LT-Debt-to-Total-Asset is 0.55 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.