Abraj Energy Services SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Abraj Energy Services SAOG has a total shareholder equity of OMR144.5M and total debt of OMR93.4M, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are OMR285.7M and OMR141.3M respectively. Abraj Energy Services SAOG's EBIT is OMR29.0M making its interest coverage ratio 5. It has cash and short-term investments of OMR5.0M.
Key information
64.7%
Debt to equity ratio
ر.ع93.41m
Debt
| Interest coverage ratio | 5x |
| 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 (61.2%) 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 (48%).
Interest Coverage: ABRJ's interest payments on its debt are well covered by EBIT (5x coverage).