Al Omaniya Financial ServicesOG (MUS:AOFS) Debt-to-Equity : 1.86 (As of Dec. 2022)

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What is Al Omaniya Financial ServicesOG Debt-to-Equity?

Al Omaniya Financial ServicesOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ر.ع0.00 Mil. Al Omaniya Financial ServicesOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ر.ع123.83 Mil. Al Omaniya Financial ServicesOG's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ر.ع66.48 Mil. Al Omaniya Financial ServicesOG's debt to equity for the quarter that ended in Dec. 2022 was 1.86.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Al Omaniya Financial ServicesOG's Debt-to-Equity or its related term are showing as below:

MUS:AOFS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.7 Med: 2.53 Max: 3.21
Current: 1.86

During the past 13 years, the highest Debt-to-Equity Ratio of Al Omaniya Financial ServicesOG was 3.21. The lowest was 1.70. And the median was 2.53.

MUS:AOFS's Debt-to-Equity is ranked worse than
61.48% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs MUS:AOFS: 1.86

Al Omaniya Financial ServicesOG Debt-to-Equity Historical Data

The historical data trend for Al Omaniya Financial ServicesOG's Debt-to-Equity 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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Al Omaniya Financial ServicesOG Debt-to-Equity Chart

Al Omaniya Financial ServicesOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.38

2.50

1.70

1.81

1.86

Al Omaniya Financial ServicesOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial												2.38	2.50	1.70	1.81	1.86

Competitive Comparison of Al Omaniya Financial ServicesOG's Debt-to-Equity

For the Credit Services subindustry, Al Omaniya Financial ServicesOG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Al Omaniya Financial ServicesOG's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Al Omaniya Financial ServicesOG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al Omaniya Financial ServicesOG's Debt-to-Equity falls into.

Al Omaniya Financial ServicesOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al Omaniya Financial ServicesOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	123.832)	/	66.479
	=	1.86

Al Omaniya Financial ServicesOG's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	123.832)	/	66.479
	=	1.86

Al Omaniya Financial ServicesOG (MUS:AOFS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Al Omaniya Financial ServicesOG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Al Omaniya Financial ServicesOG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Al Omaniya Financial Services SAOG (MUS:AOFS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jibroo, P.O. Box 1087, Muscat, OMN, 114

Website

https://www.aofsoman.com

Al Omaniya Financial Services SAOG is involved in capital markets that provide Corporate loans, Retail Asset Financing which provides specialized finance products for the self-employed, salaried individuals, transport operators, small and large businesses, and Micro Credit. The company is also involved in hire purchase and lease finance for motor vehicles and other assets, debt factoring, bill discounting, bridge loans, working capital loans, and project and construction loans.

Al Omaniya Financial ServicesOG (MUS:AOFS) Headlines

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