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Oman International Development and Investment CompanyOG (MUS:OMVS) LT-Debt-to-Total-Asset : 0.42 (As of Sep. 2024)


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What is Oman International Development and Investment CompanyOG 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. Oman International Development and Investment CompanyOG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.42.

Oman International Development and Investment CompanyOG's long-term debt to total assets ratio declined from Sep. 2023 (0.45) to Sep. 2024 (0.42). It may suggest that Oman International Development and Investment CompanyOG is progressively becoming less dependent on debt to grow their business.


Oman International Development and Investment CompanyOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oman International Development and Investment CompanyOG'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.

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Oman International Development and Investment CompanyOG LT-Debt-to-Total-Asset Chart

Oman International Development and Investment CompanyOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.43 0.47 0.42 0.49

Oman International Development and Investment CompanyOG 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 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 0.45 0.49 0.48 0.46 0.42

Oman International Development and Investment CompanyOG LT-Debt-to-Total-Asset Calculation

Oman International Development and Investment CompanyOG'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 )
=639.553/1302.446
=0.49

Oman International Development and Investment CompanyOG'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 )
=539.516/1273.175
=0.42

* 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 International Development and Investment CompanyOG  (MUS:OMVS) 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 International Development and Investment CompanyOG LT-Debt-to-Total-Asset Related Terms

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Oman International Development and Investment CompanyOG Business Description

Traded in Other Exchanges
N/A
Address
Muscat Hills, Way No. 502, 7th Floor, Building No. 95, Block No. 9993, Madinat Al Erfaan, Muscat, OMN
Oman International Development and Investment Company SAOG is an investment company whose objectives are to provide its shareholders a long-term value. The company operates in four segments: Investments, which include investment activities for short-term and long-term purposes; Banking segment includes corporate, retail, and treasury, and investment banking activities; Insurance segment provides insurance-related activities for life and general insurance; Real Estate segment includes activities in the real estate sector. The company generates the majority of its revenue from the Investment segment.

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