Muscat Finance SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Muscat Finance SAOG has a total shareholder equity of OMR38.2M and total debt of OMR37.5M, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are OMR98.0M and OMR59.8M respectively.
Key information
98.2%
Debt to equity ratio
ر.ع37.55m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع1.75m |
Equity | ر.ع38.22m |
Total liabilities | ر.ع59.81m |
Total assets | ر.ع98.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFCI's short term assets (OMR94.6M) exceed its short term liabilities (OMR54.0M).
Long Term Liabilities: MFCI's short term assets (OMR94.6M) exceed its long term liabilities (OMR5.8M).
Debt to Equity History and Analysis
Debt Level: MFCI's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: MFCI's debt to equity ratio has reduced from 217.2% to 98.2% over the past 5 years.
Debt Coverage: MFCI's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: Insufficient data to determine if MFCI's interest payments on its debt are well covered by EBIT.