Muscat Finance SAOG Balance Sheet Health
Financial Health criteria checks 4/6
Muscat Finance SAOG has a total shareholder equity of OMR38.4M and total debt of OMR33.9M, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are OMR96.6M and OMR58.2M respectively.
Key information
88.4%
Debt to equity ratio
ر.ع33.89m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع1.53m |
Equity | ر.ع38.35m |
Total liabilities | ر.ع58.25m |
Total assets | ر.ع96.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFCI's short term assets (OMR93.2M) exceed its short term liabilities (OMR52.4M).
Long Term Liabilities: MFCI's short term assets (OMR93.2M) exceed its long term liabilities (OMR5.8M).
Debt to Equity History and Analysis
Debt Level: MFCI's net debt to equity ratio (84.4%) is considered high.
Reducing Debt: MFCI's debt to equity ratio has reduced from 206.5% to 88.4% over the past 5 years.
Debt Coverage: MFCI's debt is well covered by operating cash flow (26.3%).
Interest Coverage: Insufficient data to determine if MFCI's interest payments on its debt are well covered by EBIT.