Oman Cables Industry SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Oman Cables Industry SAOG has a total shareholder equity of OMR131.1M and total debt of OMR3.9M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are OMR168.9M and OMR37.9M respectively. Oman Cables Industry SAOG's EBIT is OMR22.2M making its interest coverage ratio -18.8. It has cash and short-term investments of OMR57.9M.
Key information
3.0%
Debt to equity ratio
ر.ع3.88m
Debt
Interest coverage ratio | -18.8x |
Cash | ر.ع57.85m |
Equity | ر.ع131.07m |
Total liabilities | ر.ع37.86m |
Total assets | ر.ع168.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCAI's short term assets (OMR142.4M) exceed its short term liabilities (OMR32.3M).
Long Term Liabilities: OCAI's short term assets (OMR142.4M) exceed its long term liabilities (OMR5.6M).
Debt to Equity History and Analysis
Debt Level: OCAI has more cash than its total debt.
Reducing Debt: OCAI's debt to equity ratio has increased from 2.5% to 3% over the past 5 years.
Debt Coverage: OCAI's debt is well covered by operating cash flow (532.1%).
Interest Coverage: OCAI earns more interest than it pays, so coverage of interest payments is not a concern.