Al Omaniya Financial Services SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Al Omaniya Financial Services SAOG has a total shareholder equity of OMR66.8M and total debt of OMR143.1M, which brings its debt-to-equity ratio to 214.2%. Its total assets and total liabilities are OMR220.6M and OMR153.8M respectively. Al Omaniya Financial Services SAOG's EBIT is OMR8.4M making its interest coverage ratio 1.3. It has cash and short-term investments of OMR91.2M.
Key information
214.2%
Debt to equity ratio
ر.ع143.08m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ر.ع91.16m |
| Equity | ر.ع66.80m |
| Total liabilities | ر.ع153.84m |
| Total assets | ر.ع220.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOFS's short term assets (OMR219.4M) exceed its short term liabilities (OMR144.7M).
Long Term Liabilities: AOFS's short term assets (OMR219.4M) exceed its long term liabilities (OMR9.1M).
Debt to Equity History and Analysis
Debt Level: AOFS's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: AOFS's debt to equity ratio has reduced from 251.8% to 214.2% over the past 5 years.
Debt Coverage: AOFS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AOFS's interest payments on its debt are not well covered by EBIT (1.3x coverage).