Oman United Insurance CoOG (MUS:OUIC) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2023)

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What is Oman United 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. Oman United Insurance CoOG's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.00.

Oman United Insurance CoOG's long-term debt to total assets ratio stayed the same from Dec. 2021 (0.00) to Mar. 2023 (0.00).

Oman United Insurance CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oman United 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.

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Oman United Insurance CoOG LT-Debt-to-Total-Asset Chart

Oman United Insurance CoOG Annual Data

Trend

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LT-Debt-to-Total-Asset

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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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	0.01	-

Oman United Insurance CoOG LT-Debt-to-Total-Asset Calculation

Oman United Insurance CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0.323	/	108.784
	=	0.00

Oman United Insurance CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	0.346	/	112.805
	=	0.00

Oman United Insurance CoOG (MUS:OUIC) 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 United Insurance CoOG LT-Debt-to-Total-Asset Related Terms

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Oman United Insurance CoOG (MUS:OUIC) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112

Website

http://www.omanutd.com

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.

Oman United Insurance CoOG (MUS:OUIC) Headlines

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