Dhofar Food & Investment SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Dhofar Food & Investment SAOG has a total shareholder equity of OMR41.6M and total debt of OMR27.4M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are OMR91.4M and OMR49.8M respectively. Dhofar Food & Investment SAOG's EBIT is OMR743.0K making its interest coverage ratio 0.4. It has cash and short-term investments of OMR5.0M.
Key information
65.9%
Debt to equity ratio
ر.ع27.42m
Debt
Interest coverage ratio | 0.4x |
Cash | ر.ع5.03m |
Equity | ر.ع41.59m |
Total liabilities | ر.ع49.80m |
Total assets | ر.ع91.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFIN's short term assets (OMR35.1M) do not cover its short term liabilities (OMR39.6M).
Long Term Liabilities: DFIN's short term assets (OMR35.1M) exceed its long term liabilities (OMR10.2M).
Debt to Equity History and Analysis
Debt Level: DFIN's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: DFIN's debt to equity ratio has increased from 64.5% to 65.9% over the past 5 years.
Debt Coverage: DFIN's debt is well covered by operating cash flow (22.6%).
Interest Coverage: DFIN's interest payments on its debt are not well covered by EBIT (0.4x coverage).