Oman Education & Training Investment Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Oman Education & Training Investment Company SAOG has a total shareholder equity of OMR25.7M and total debt of OMR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are OMR53.4M and OMR27.7M respectively. Oman Education & Training Investment Company SAOG's EBIT is OMR8.0M making its interest coverage ratio -19.4. It has cash and short-term investments of OMR16.1M.
Key information
0%
Debt to equity ratio
ر.ع0
Debt
Interest coverage ratio | -19.4x |
Cash | ر.ع16.08m |
Equity | ر.ع25.68m |
Total liabilities | ر.ع27.74m |
Total assets | ر.ع53.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OETI's short term assets (OMR22.0M) exceed its short term liabilities (OMR11.2M).
Long Term Liabilities: OETI's short term assets (OMR22.0M) exceed its long term liabilities (OMR16.5M).
Debt to Equity History and Analysis
Debt Level: OETI is debt free.
Reducing Debt: OETI has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: OETI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OETI has no debt, therefore coverage of interest payments is not a concern.