Al Maha Petroleum Products Marketing Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Al Maha Petroleum Products Marketing Company SAOG has a total shareholder equity of OMR48.0M and total debt of OMR66.4M, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are OMR166.5M and OMR118.5M respectively. Al Maha Petroleum Products Marketing Company SAOG's EBIT is OMR8.1M making its interest coverage ratio 7.7. It has cash and short-term investments of OMR42.4M.
Key information
138.3%
Debt to equity ratio
ر.ع66.37m
Debt
Interest coverage ratio | 7.7x |
Cash | ر.ع42.39m |
Equity | ر.ع47.98m |
Total liabilities | ر.ع118.53m |
Total assets | ر.ع166.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHAS's short term assets (OMR124.9M) exceed its short term liabilities (OMR112.1M).
Long Term Liabilities: MHAS's short term assets (OMR124.9M) exceed its long term liabilities (OMR6.4M).
Debt to Equity History and Analysis
Debt Level: MHAS's net debt to equity ratio (50%) is considered high.
Reducing Debt: MHAS's debt to equity ratio has increased from 47.3% to 138.3% over the past 5 years.
Debt Coverage: MHAS's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: MHAS's interest payments on its debt are well covered by EBIT (7.7x coverage).