Ooredoo Q.P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Ooredoo Q.P.S.C has a total shareholder equity of QAR30.6B and total debt of QAR12.4B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are QAR58.2B and QAR27.6B respectively. Ooredoo Q.P.S.C's EBIT is QAR4.7B making its interest coverage ratio 9. It has cash and short-term investments of QAR11.5B.
Key information
40.6%
Debt to equity ratio
ر.ق12.41b
Debt
| Interest coverage ratio | 9x |
| Cash | ر.ق11.46b |
| Equity | ر.ق30.57b |
| Total liabilities | ر.ق27.63b |
| Total assets | ر.ق58.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORDS's short term assets (QAR17.1B) exceed its short term liabilities (QAR11.3B).
Long Term Liabilities: ORDS's short term assets (QAR17.1B) exceed its long term liabilities (QAR16.3B).
Debt to Equity History and Analysis
Debt Level: ORDS's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: ORDS's debt to equity ratio has reduced from 130.5% to 40.6% over the past 5 years.
Debt Coverage: ORDS's debt is well covered by operating cash flow (67.4%).
Interest Coverage: ORDS's interest payments on its debt are well covered by EBIT (9x coverage).