A'Sharqiya Investment Holding (SAOG) Balance Sheet Health
Financial Health criteria checks 4/6
A'Sharqiya Investment Holding (SAOG) has a total shareholder equity of OMR14.6M and total debt of OMR3.5M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are OMR18.5M and OMR3.9M respectively. A'Sharqiya Investment Holding (SAOG)'s EBIT is OMR440.7K making its interest coverage ratio -1.9. It has cash and short-term investments of OMR3.4M.
Key information
24.2%
Debt to equity ratio
ر.ع3.54m
Debt
| Interest coverage ratio | -1.9x |
| Cash | ر.ع3.36m |
| Equity | ر.ع14.61m |
| Total liabilities | ر.ع3.86m |
| Total assets | ر.ع18.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIHC's short term assets (OMR4.4M) exceed its short term liabilities (OMR152.8K).
Long Term Liabilities: SIHC's short term assets (OMR4.4M) exceed its long term liabilities (OMR3.7M).
Debt to Equity History and Analysis
Debt Level: SIHC's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: SIHC's debt to equity ratio has increased from 2.8% to 24.2% over the past 5 years.
Debt Coverage: SIHC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIHC earns more interest than it pays, so coverage of interest payments is not a concern.