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 OMR83.0M and total debt of OMR68.1M, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are OMR235.1M and OMR152.0M respectively. Oman Oil Marketing Company SAOG's EBIT is OMR8.9M making its interest coverage ratio 2.5. It has cash and short-term investments of OMR27.2M.
Key information
82.0%
Debt to equity ratio
ر.ع68.08m
Debt
Interest coverage ratio | 2.5x |
Cash | ر.ع27.18m |
Equity | ر.ع83.05m |
Total liabilities | ر.ع152.03m |
Total assets | ر.ع235.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OOMS's short term assets (OMR131.8M) exceed its short term liabilities (OMR88.2M).
Long Term Liabilities: OOMS's short term assets (OMR131.8M) exceed its long term liabilities (OMR63.8M).
Debt to Equity History and Analysis
Debt Level: OOMS's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: OOMS's debt to equity ratio has increased from 44.2% to 82% over the past 5 years.
Debt Coverage: OOMS's debt is well covered by operating cash flow (22.1%).
Interest Coverage: OOMS's interest payments on its debt are not well covered by EBIT (2.5x coverage).