Abraj Energy Services SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Abraj Energy Services SAOG has a total shareholder equity of OMR144.5M and total debt of OMR98.4M, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are OMR285.7M and OMR141.3M respectively. Abraj Energy Services SAOG's EBIT is OMR16.9M making its interest coverage ratio 2.9. It has cash and short-term investments of OMR5.0M.
Key information
68.1%
Debt to equity ratio
ر.ع98.42m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ر.ع4.96m |
| Equity | ر.ع144.47m |
| Total liabilities | ر.ع141.25m |
| Total assets | ر.ع285.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABRJ's short term assets (OMR74.2M) exceed its short term liabilities (OMR52.8M).
Long Term Liabilities: ABRJ's short term assets (OMR74.2M) do not cover its long term liabilities (OMR88.5M).
Debt to Equity History and Analysis
Debt Level: ABRJ's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: Insufficient data to determine if ABRJ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ABRJ's debt is well covered by operating cash flow (45.6%).
Interest Coverage: ABRJ's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/28 20:40 |
| End of Day Share Price | 2025/02/27 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Abraj Energy Services SAOG is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ahmed Maher | EFG-Hermes Research |
| null null | U Capital |
| Neetika Gupta | U Capital |