Oman National Engineering & Investment Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Oman National Engineering & Investment Company SAOG has a total shareholder equity of OMR30.4M and total debt of OMR100.3M, which brings its debt-to-equity ratio to 329.5%. Its total assets and total liabilities are OMR167.5M and OMR137.1M respectively. Oman National Engineering & Investment Company SAOG's EBIT is OMR5.1M making its interest coverage ratio 2.1. It has cash and short-term investments of OMR12.3M.
Key information
329.5%
Debt to equity ratio
ر.ع100.28m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ر.ع12.27m |
| Equity | ر.ع30.43m |
| Total liabilities | ر.ع137.07m |
| Total assets | ر.ع167.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ONES's short term assets (OMR112.8M) exceed its short term liabilities (OMR102.9M).
Long Term Liabilities: ONES's short term assets (OMR112.8M) exceed its long term liabilities (OMR34.2M).
Debt to Equity History and Analysis
Debt Level: ONES's net debt to equity ratio (289.2%) is considered high.
Reducing Debt: ONES's debt to equity ratio has increased from 207.9% to 329.5% over the past 5 years.
Debt Coverage: ONES's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: ONES's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 07:33 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Oman National Engineering & Investment Company SAOG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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