Oman Investment & Finance SAOG Balance Sheet Health
Financial Health criteria checks 0/6
Oman Investment & Finance SAOG has a total shareholder equity of OMR29.0M and total debt of OMR90.2M, which brings its debt-to-equity ratio to 311.6%. Its total assets and total liabilities are OMR134.3M and OMR105.3M respectively. Oman Investment & Finance SAOG's EBIT is OMR1.4M making its interest coverage ratio 0.3. It has cash and short-term investments of OMR8.9M.
Key information
311.6%
Debt to equity ratio
ر.ع90.21m
Debt
Interest coverage ratio | 0.3x |
Cash | ر.ع8.89m |
Equity | ر.ع28.95m |
Total liabilities | ر.ع105.30m |
Total assets | ر.ع134.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OIFC's short term assets (OMR18.6M) do not cover its short term liabilities (OMR44.8M).
Long Term Liabilities: OIFC's short term assets (OMR18.6M) do not cover its long term liabilities (OMR60.5M).
Debt to Equity History and Analysis
Debt Level: OIFC's net debt to equity ratio (280.9%) is considered high.
Reducing Debt: OIFC's debt to equity ratio has increased from 152.2% to 311.6% over the past 5 years.
Debt Coverage: OIFC's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: OIFC's interest payments on its debt are not well covered by EBIT (0.3x coverage).