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 OMR46.8M and total debt of OMR69.7M, which brings its debt-to-equity ratio to 149%. Its total assets and total liabilities are OMR176.7M and OMR129.9M respectively. Al Maha Petroleum Products Marketing Company SAOG's EBIT is OMR8.1M making its interest coverage ratio 5.2. It has cash and short-term investments of OMR39.2M.
Key information
149.0%
Debt to equity ratio
ر.ع69.69m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ر.ع39.20m |
| Equity | ر.ع46.77m |
| Total liabilities | ر.ع129.93m |
| Total assets | ر.ع176.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHAS's short term assets (OMR134.9M) exceed its short term liabilities (OMR123.9M).
Long Term Liabilities: MHAS's short term assets (OMR134.9M) exceed its long term liabilities (OMR6.1M).
Debt to Equity History and Analysis
Debt Level: MHAS's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: MHAS's debt to equity ratio has increased from 83.1% to 149% over the past 5 years.
Debt Coverage: MHAS's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: MHAS's interest payments on its debt are well covered by EBIT (5.2x coverage).