Oman International Development and Investment Company SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Oman International Development and Investment Company SAOG has a total shareholder equity of OMR392.9M and total debt of OMR633.0M, which brings its debt-to-equity ratio to 161.1%. Its total assets and total liabilities are OMR1.3B and OMR914.5M respectively. Oman International Development and Investment Company SAOG's EBIT is OMR76.0M making its interest coverage ratio 2.5. It has cash and short-term investments of OMR92.4M.
Key information
161.1%
Debt to equity ratio
ر.ع633.02m
Debt
Interest coverage ratio | 2.5x |
Cash | ر.ع92.43m |
Equity | ر.ع392.88m |
Total liabilities | ر.ع914.52m |
Total assets | ر.ع1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMVS's short term assets (OMR154.7M) exceed its short term liabilities (OMR30.6M).
Long Term Liabilities: OMVS's short term assets (OMR154.7M) do not cover its long term liabilities (OMR883.9M).
Debt to Equity History and Analysis
Debt Level: OMVS's net debt to equity ratio (137.6%) is considered high.
Reducing Debt: OMVS's debt to equity ratio has increased from 74.3% to 161.1% over the past 5 years.
Debt Coverage: OMVS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OMVS's interest payments on its debt are not well covered by EBIT (2.5x coverage).