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 ratio | 2.1x |
| Cash | ر.ع6.16m |
| Equity | ر.ع52.88m |
| Total liabilities | ر.ع124.29m |
| Total assets | ر.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).