Global Financial Investments Holding SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Global Financial Investments Holding SAOG has a total shareholder equity of OMR45.5M and total debt of OMR4.2M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are OMR75.4M and OMR29.8M respectively.
Key information
9.3%
Debt to equity ratio
ر.ع4.23m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع17.27m |
| Equity | ر.ع45.53m |
| Total liabilities | ر.ع29.82m |
| Total assets | ر.ع75.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFIC's short term assets (OMR23.9M) exceed its short term liabilities (OMR13.3M).
Long Term Liabilities: GFIC's short term assets (OMR23.9M) exceed its long term liabilities (OMR16.5M).
Debt to Equity History and Analysis
Debt Level: GFIC has more cash than its total debt.
Reducing Debt: GFIC's debt to equity ratio has reduced from 20.9% to 9.3% over the past 5 years.
Debt Coverage: GFIC's debt is well covered by operating cash flow (183.6%).
Interest Coverage: Insufficient data to determine if GFIC's interest payments on its debt are well covered by EBIT.