United Finance Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
United Finance Company SAOG has a total shareholder equity of OMR49.4M and total debt of OMR41.5M, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are OMR107.6M and OMR58.3M respectively.
Key information
84.0%
Debt to equity ratio
ر.ع41.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع2.09m |
| Equity | ر.ع49.38m |
| Total liabilities | ر.ع58.27m |
| Total assets | ر.ع107.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UFCI's short term assets (OMR104.6M) exceed its short term liabilities (OMR52.0M).
Long Term Liabilities: UFCI's short term assets (OMR104.6M) exceed its long term liabilities (OMR6.2M).
Debt to Equity History and Analysis
Debt Level: UFCI's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: UFCI's debt to equity ratio has reduced from 102% to 84% over the past 5 years.
Debt Coverage: UFCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if UFCI's interest payments on its debt are well covered by EBIT.