Abraj Energy Services SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Abraj Energy Services SAOG has a total shareholder equity of OMR145.8M and total debt of OMR91.1M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are OMR276.5M and OMR130.7M respectively. Abraj Energy Services SAOG's EBIT is OMR28.3M making its interest coverage ratio 5. It has cash and short-term investments of OMR8.1M.
Key information
62.5%
Debt to equity ratio
ر.ع91.07m
Debt
Interest coverage ratio | 5x |
Cash | ر.ع8.08m |
Equity | ر.ع145.78m |
Total liabilities | ر.ع130.69m |
Total assets | ر.ع276.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABRJ's short term assets (OMR74.3M) exceed its short term liabilities (OMR47.3M).
Long Term Liabilities: ABRJ's short term assets (OMR74.3M) do not cover its long term liabilities (OMR83.3M).
Debt to Equity History and Analysis
Debt Level: ABRJ's net debt to equity ratio (56.9%) 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 (35.8%).
Interest Coverage: ABRJ's interest payments on its debt are well covered by EBIT (5x coverage).