Galfar Engineering & Contracting SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Galfar Engineering & Contracting SAOG has a total shareholder equity of OMR23.8M and total debt of OMR76.8M, which brings its debt-to-equity ratio to 322.4%. Its total assets and total liabilities are OMR293.4M and OMR269.6M respectively.
Key information
322.4%
Debt to equity ratio
ر.ع76.83m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع8.05m |
| Equity | ر.ع23.83m |
| Total liabilities | ر.ع269.58m |
| Total assets | ر.ع293.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GECS's short term assets (OMR218.9M) do not cover its short term liabilities (OMR227.6M).
Long Term Liabilities: GECS's short term assets (OMR218.9M) exceed its long term liabilities (OMR41.9M).
Debt to Equity History and Analysis
Debt Level: GECS's net debt to equity ratio (288.6%) is considered high.
Reducing Debt: GECS's debt to equity ratio has increased from 134.4% to 322.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GECS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GECS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.