Al Anwar Ceramic Tiles Company SAOG Balance Sheet Health
Financial Health criteria checks 4/6
Al Anwar Ceramic Tiles Company SAOG has a total shareholder equity of OMR33.8M and total debt of OMR6.6M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are OMR45.4M and OMR11.6M respectively. Al Anwar Ceramic Tiles Company SAOG's EBIT is OMR520.2K making its interest coverage ratio -0.5. It has cash and short-term investments of OMR4.3M.
Key information
19.4%
Debt to equity ratio
ر.ع6.57m
Debt
Interest coverage ratio | -0.5x |
Cash | ر.ع4.27m |
Equity | ر.ع33.84m |
Total liabilities | ر.ع11.58m |
Total assets | ر.ع45.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AACT's short term assets (OMR21.1M) exceed its short term liabilities (OMR4.4M).
Long Term Liabilities: AACT's short term assets (OMR21.1M) exceed its long term liabilities (OMR7.2M).
Debt to Equity History and Analysis
Debt Level: AACT's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: AACT's debt to equity ratio has increased from 0% to 19.4% over the past 5 years.
Debt Coverage: AACT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AACT earns more interest than it pays, so coverage of interest payments is not a concern.