Voltamp Energy SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Voltamp Energy SAOG has a total shareholder equity of OMR20.8M and total debt of OMR4.8M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are OMR50.0M and OMR29.3M respectively. Voltamp Energy SAOG's EBIT is OMR4.8M making its interest coverage ratio 11.9. It has cash and short-term investments of OMR2.2M.
Key information
23.1%
Debt to equity ratio
ر.ع4.81m
Debt
| Interest coverage ratio | 11.9x |
| Cash | ر.ع2.18m |
| Equity | ر.ع20.77m |
| Total liabilities | ر.ع29.26m |
| Total assets | ر.ع50.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOES's short term assets (OMR38.4M) exceed its short term liabilities (OMR25.9M).
Long Term Liabilities: VOES's short term assets (OMR38.4M) exceed its long term liabilities (OMR3.3M).
Debt to Equity History and Analysis
Debt Level: VOES's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: VOES's debt to equity ratio has reduced from 93.4% to 23.1% over the past 5 years.
Debt Coverage: VOES's debt is well covered by operating cash flow (261.5%).
Interest Coverage: VOES's interest payments on its debt are well covered by EBIT (11.9x coverage).