Oman Flour Mills (MUS:OFMI) Total Current Liabilities: ر.ع66.0 Mil (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.56
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What is Oman Flour Mills Total Current Liabilities?

Oman Flour Mills MUS:OFMI -1.25% 72 Total Current Liabilities is ر.ع66.0 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Oman Flour Mills's total current liabilities for the quarter that ended in Dec. 2023 was ر.ع66.0

Be Aware

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When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Oman Flour Mills Total Current Liabilities Related Terms

Oman Flour Mills Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills's Total Current Liabilities 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 Flour Mills Total Current Liabilities Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 10.36 38.22 60.15 66.01

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.79 10.36 38.22 60.15 66.01
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Oman Flour Mills's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.131+52.675
+Other Current Liabilities+Current Deferred Liabilities
=6.204+0
=66.0

Oman Flour Mills's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.131+52.675
+Other Current Liabilities+Current Deferred Liabilities
=6.204+0
=66.0

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of ر.ع66.0 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Total Current Liabilities of ر.ع66.0 Mil as of Dec. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Oman Flour Mills and its competitors.
Is Oman Flour Mills' Total Current Liabilities too high?
Oman Flour Mills' current Total Current Liabilities is ر.ع66.0 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Total Current Liabilities compare to JBS and KHC?
Oman Flour Mills' Total Current Liabilities of ر.ع66.0 Mil 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 Total Current Liabilities for a Consumer Packaged Goods company?
A good Total Current Liabilities depends on the Consumer Packaged Goods industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Oman Flour Mills and its competitors. Oman Flour Mills's current Total Current Liabilities is ر.ع66.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Total Current Liabilities of ر.ع66.0 Mil. The current Total Current Liabilities is ر.ع66.0 Mil. Oman Flour Mills' overall GF Score™ is 72/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Total Current Liabilities is ر.ع66.0 Mil as of Dec. 2023. 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 Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

Get the complete analysis for MUS:OFMI

Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.56
Price