Omagine Stock

Omagine Interest Coverage

The Interest Coverage Ratio of Omagine (OMAGQ) as of Aug 14, 2026 is -9.75. In the previous year, Interest Coverage Ratio was -57.70 — a change of -83.10% (higher).

Interest Coverage

-9.75

YoY

-83.10%

Last updated:

Interest Coverage Ratio of Omagine is 2026 -9.75 . Interest Coverage Ratio of Omagine was 2025 -57.70 . It decreases by -83.10% higher compared to the previous year.
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Omagine Stock analysis

What does Omagine do? Omagine Inc. is a company based in the USA that specializes in the development, construction, and management of large-scale projects in the real estate and tourism industries. It was founded in 2005 by Frank J. Drohan and has since been working on various projects in North Africa, particularly in Oman. The company's business model is based on the belief that large-scale projects in emerging markets like the Middle East are an excellent investment opportunity. It works closely with the governments of these countries to develop projects that meet the needs of the population while also boosting the country's economy. Omagine operates in various sectors, including real estate development, tourism, and leisure. It works on developing resorts, hotels, theme parks, and other facilities that cater to the needs of tourists and locals. One of Omagine's products is the Omagine Complex in Oman, which is intended to be a landmark of modern architecture and sustainable development. It will include apartments, shops, offices, public spaces, parks, and other facilities. The complex will also serve as a center for art, culture, and education. Another important product of Omagine is the Muscat Hills Resort, a luxurious resort with a wide range of facilities including golf courses, swimming pools, restaurants, and bars. The resort is located near Muscat, the capital of Oman, and offers breathtaking sea views. Omagine has several other projects in the pipeline, including the Al-Sawadi Beach Resort and the Jebel Sifah Resort. Overall, Omagine is a company that specializes in the development and construction of large-scale projects in emerging markets. It works closely with governments and other partners to develop projects that not only meet the needs of the population but also boost the country's economy. With a wide range of products and services, Omagine is well-positioned to continue its success in the future. Omagine is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Omagine stock

Interest Coverage Ratio of Omagine is -9.75 in 2026.

Interest Coverage Ratio of Omagine changed from -57.70 to -9.75, representing a -83.10% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Omagine since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Omagine with sector peers and the industry average to assess whether it is attractive.

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