Oman Oil Marketing Company SAOG

MSM:OOMS Stock Report

Market Cap: ر.ع48.6m

Oman Oil Marketing Company SAOG Balance Sheet Health

Financial Health criteria checks 5/6

Oman Oil Marketing Company SAOG has a total shareholder equity of OMR82.5M and total debt of OMR22.8M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are OMR234.1M and OMR151.5M respectively. Oman Oil Marketing Company SAOG's EBIT is OMR9.2M making its interest coverage ratio 2.4. It has cash and short-term investments of OMR30.2M.

Key information

27.6%

Debt to equity ratio

ر.ع22.78m

Debt

Interest coverage ratio2.4x
Cashر.ع30.24m
Equityر.ع82.51m
Total liabilitiesر.ع151.54m
Total assetsر.ع234.05m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: OOMS's short term assets (OMR129.0M) exceed its short term liabilities (OMR85.4M).

Long Term Liabilities: OOMS's short term assets (OMR129.0M) exceed its long term liabilities (OMR66.1M).


Debt to Equity History and Analysis

Debt Level: OOMS has more cash than its total debt.

Reducing Debt: OOMS's debt to equity ratio has reduced from 42.4% to 27.6% over the past 5 years.

Debt Coverage: OOMS's debt is well covered by operating cash flow (104.9%).

Interest Coverage: OOMS's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


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