Gulf Hotels (Oman) Company Limited SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Gulf Hotels (Oman) Company Limited SAOG has a total shareholder equity of OMR24.6M and total debt of OMR399.4K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are OMR30.4M and OMR5.8M respectively. Gulf Hotels (Oman) Company Limited SAOG's EBIT is OMR777.0K making its interest coverage ratio 21.8. It has cash and short-term investments of OMR1.3M.
Key information
1.6%
Debt to equity ratio
ر.ع399.39k
Debt
| Interest coverage ratio | 21.8x |
| Cash | ر.ع1.28m |
| Equity | ر.ع24.60m |
| Total liabilities | ر.ع5.85m |
| Total assets | ر.ع30.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHOS's short term assets (OMR1.9M) exceed its short term liabilities (OMR1.9M).
Long Term Liabilities: GHOS's short term assets (OMR1.9M) do not cover its long term liabilities (OMR4.0M).
Debt to Equity History and Analysis
Debt Level: GHOS has more cash than its total debt.
Reducing Debt: GHOS's debt to equity ratio has reduced from 8% to 1.6% over the past 5 years.
Debt Coverage: GHOS's debt is well covered by operating cash flow (404.1%).
Interest Coverage: GHOS's interest payments on its debt are well covered by EBIT (21.8x coverage).