United Finance Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
United Finance Company SAOG has a total shareholder equity of OMR48.2M and total debt of OMR35.5M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are OMR103.3M and OMR55.1M respectively.
Key information
73.6%
Debt to equity ratio
ر.ع35.51m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع852.93k |
Equity | ر.ع48.24m |
Total liabilities | ر.ع55.05m |
Total assets | ر.ع103.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UFCI's short term assets (OMR100.9M) exceed its short term liabilities (OMR46.8M).
Long Term Liabilities: UFCI's short term assets (OMR100.9M) exceed its long term liabilities (OMR8.2M).
Debt to Equity History and Analysis
Debt Level: UFCI's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: UFCI's debt to equity ratio has reduced from 109.7% to 73.6% over the past 5 years.
Debt Coverage: UFCI's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: Insufficient data to determine if UFCI's interest payments on its debt are well covered by EBIT.