National Finance Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
National Finance Company SAOG has a total shareholder equity of OMR106.2M and total debt of OMR351.7M, which brings its debt-to-equity ratio to 331.1%. Its total assets and total liabilities are OMR512.5M and OMR406.2M respectively.
Key information
331.1%
Debt to equity ratio
ر.ع351.74m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع6.19m |
Equity | ر.ع106.24m |
Total liabilities | ر.ع406.25m |
Total assets | ر.ع512.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFCI's short term assets (OMR499.0M) exceed its short term liabilities (OMR306.4M).
Long Term Liabilities: NFCI's short term assets (OMR499.0M) exceed its long term liabilities (OMR99.8M).
Debt to Equity History and Analysis
Debt Level: NFCI's net debt to equity ratio (325.3%) is considered high.
Reducing Debt: NFCI's debt to equity ratio has increased from 287.2% to 331.1% over the past 5 years.
Debt Coverage: NFCI's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: Insufficient data to determine if NFCI's interest payments on its debt are well covered by EBIT.