Shell Oman Marketing Company SAOG

MSM:SOMP Stock Report

Market Cap: ر.ع74.7m

Shell Oman Marketing Company SAOG Balance Sheet Health

Financial Health criteria checks 1/6

Shell Oman Marketing Company SAOG has a total shareholder equity of OMR52.9M and total debt of OMR31.0M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are OMR177.2M and OMR124.3M respectively. Shell Oman Marketing Company SAOG's EBIT is OMR6.5M making its interest coverage ratio 2.1. It has cash and short-term investments of OMR6.2M.

Key information

58.6%

Debt to equity ratio

ر.ع31.00m

Debt

Interest coverage ratio2.1x
Cashر.ع6.16m
Equityر.ع52.88m
Total liabilitiesر.ع124.29m
Total assetsر.ع177.17m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SOMP's short term assets (OMR75.2M) do not cover its short term liabilities (OMR87.0M).

Long Term Liabilities: SOMP's short term assets (OMR75.2M) exceed its long term liabilities (OMR37.3M).


Debt to Equity History and Analysis

Debt Level: SOMP's net debt to equity ratio (47%) is considered high.

Reducing Debt: SOMP's debt to equity ratio has increased from 39% to 58.6% over the past 5 years.

Debt Coverage: SOMP's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: SOMP's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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