Al Hassan Engineering Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Al Hassan Engineering Company SAOG has a total shareholder equity of OMR-59.1M and total debt of OMR54.3M, which brings its debt-to-equity ratio to -91.9%. Its total assets and total liabilities are OMR11.3M and OMR70.3M respectively.
Key information
-91.9%
Debt to equity ratio
ر.ع54.28m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع2.01m |
| Equity | -ر.ع59.07m |
| Total liabilities | ر.ع70.32m |
| Total assets | ر.ع11.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HECI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HECI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HECI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HECI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: HECI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HECI has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 21% each year.