Oman Oil Marketing Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Oman Oil Marketing Company SAOG has a total shareholder equity of OMR82.5M and total debt of OMR74.2M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are OMR234.1M and OMR151.5M respectively. Oman Oil Marketing Company SAOG's EBIT is OMR9.4M making its interest coverage ratio 2.6. It has cash and short-term investments of OMR30.2M.
Key information
90.0%
Debt to equity ratio
ر.ع74.23m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ر.ع30.24m |
| Equity | ر.ع82.51m |
| Total liabilities | ر.ع151.54m |
| Total assets | ر.ع234.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OOMP's short term assets (OMR129.0M) exceed its short term liabilities (OMR85.4M).
Long Term Liabilities: OOMP's short term assets (OMR129.0M) exceed its long term liabilities (OMR66.1M).
Debt to Equity History and Analysis
Debt Level: OOMP's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: OOMP's debt to equity ratio has increased from 40.7% to 90% over the past 5 years.
Debt Coverage: OOMP's debt is well covered by operating cash flow (32.2%).
Interest Coverage: OOMP's interest payments on its debt are not well covered by EBIT (2.6x coverage).