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Dhofar Generating CoOG (MUS:DGEN) Equity-to-Asset : 0.27 (As of Dec. 2023)


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What is Dhofar Generating CoOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dhofar Generating CoOG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع53.43 Mil. Dhofar Generating CoOG's Total Assets for the quarter that ended in Dec. 2023 was ر.ع197.71 Mil. Therefore, Dhofar Generating CoOG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

The historical rank and industry rank for Dhofar Generating CoOG's Equity-to-Asset or its related term are showing as below:

MUS:DGEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.22   Max: 0.27
Current: 0.27

During the past 7 years, the highest Equity to Asset Ratio of Dhofar Generating CoOG was 0.27. The lowest was 0.16. And the median was 0.22.

MUS:DGEN's Equity-to-Asset is ranked worse than
71.43% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs MUS:DGEN: 0.27

Dhofar Generating CoOG Equity-to-Asset Historical Data

The historical data trend for Dhofar Generating CoOG's Equity-to-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.

* Premium members only.

Dhofar Generating CoOG Equity-to-Asset Chart

Dhofar Generating CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.19 0.16 0.19 0.25 0.27

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
Equity-to-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 0.25 0.25 0.26 0.27 0.27

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

For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

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

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



Dhofar Generating CoOG Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Dhofar Generating CoOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=53.434/197.705
=0.27

Dhofar Generating CoOG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=53.434/197.705
=0.27

* 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.


Dhofar Generating CoOG  (MUS:DGEN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Dhofar Generating CoOG Equity-to-Asset Related Terms

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Dhofar Generating CoOG (MUS:DGEN) Business Description

Traded in Other Exchanges
N/A
Address
PO 1571, PC 211, Salalah, OMN
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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