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Al Omaniya Financial ServicesOG (MUS:AOFS) Equity-to-Asset : 0.32 (As of Dec. 2022)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Dec. 2022 was ر.ع206.59 Mil. Therefore, Al Omaniya Financial ServicesOG's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.32.

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

MUS:AOFS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.27   Max: 0.35
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Al Omaniya Financial ServicesOG was 0.35. The lowest was 0.22. And the median was 0.27.

MUS:AOFS's Equity-to-Asset is ranked worse than
54.51% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs MUS:AOFS: 0.32

Al Omaniya Financial ServicesOG Equity-to-Asset Historical Data

The historical data trend for Al Omaniya Financial ServicesOG'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.

Al Omaniya Financial ServicesOG Equity-to-Asset Chart

Al Omaniya Financial ServicesOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.27 0.35 0.33 0.32

Al Omaniya Financial ServicesOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 0.28 0.27 0.35 0.33 0.32

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

For the Credit Services subindustry, Al Omaniya Financial ServicesOG'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.


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

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

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



Al Omaniya Financial ServicesOG 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.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=66.479/206.589
=0.32

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

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=66.479/206.589
=0.32

* 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.


Al Omaniya Financial ServicesOG  (MUS:AOFS) 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%.


Al Omaniya Financial ServicesOG Equity-to-Asset Related Terms

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


Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Traded in Other Exchanges
N/A
Address
Jibroo, P.O. Box 1087, Muscat, OMN, 114
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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