Dhofar Generating CoOG (MUS:DGEN) Debt-to-Equity : 2.25 (As of Dec. 2023)

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What is Dhofar Generating CoOG Debt-to-Equity?

Dhofar Generating CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع7.78 Mil. Dhofar Generating CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع112.46 Mil. Dhofar Generating CoOG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع53.43 Mil. Dhofar Generating CoOG's debt to equity for the quarter that ended in Dec. 2023 was 2.25.

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 Dhofar Generating CoOG's Debt-to-Equity or its related term are showing as below:

MUS:DGEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.25 Med: 3.15 Max: 3.93
Current: 2.25

During the past 7 years, the highest Debt-to-Equity Ratio of Dhofar Generating CoOG was 3.93. The lowest was 2.25. And the median was 3.15.

MUS:DGEN's Debt-to-Equity is ranked worse than
82.35% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs MUS:DGEN: 2.25

Dhofar Generating CoOG Debt-to-Equity Historical Data

The historical data trend for Dhofar Generating CoOG'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.

* Premium members only.

Dhofar Generating CoOG Debt-to-Equity Chart

Dhofar Generating CoOG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.49

3.93

3.27

2.47

2.25

Dhofar Generating CoOG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.47	2.54	2.35	2.20	2.25

Competitive Comparison of Dhofar Generating CoOG's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG'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.

Dhofar Generating CoOG's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dhofar Generating CoOG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dhofar Generating CoOG's Debt-to-Equity falls into.

Dhofar Generating CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhofar Generating CoOG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(7.78	+	112.459)	/	53.434
	=	2.25

Dhofar Generating CoOG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(7.78	+	112.459)	/	53.434
	=	2.25

Dhofar Generating CoOG (MUS:DGEN) 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.

Dhofar Generating CoOG Debt-to-Equity Related Terms

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Dhofar Generating CoOG (MUS:DGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Dhofar Generating Co SAOG (MUS:DGEN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

PO 1571, PC 211, Salalah, OMN

Website

https://www.dgcoman.com

Dhofar Generating Co SAOG owns and operates the Salalah II IPP project. The principal activities of the Company are to develop, finance, design, construct, operate, maintain, insure power generating station and other relevant infrastructure. The project comprises two power generation plants located at Raysut in the Dhofar Governorate of the Sultanate of Oman.

Dhofar Generating CoOG (MUS:DGEN) Headlines

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