Gulf Mushroom Products SAOG Balance Sheet Health
Financial Health criteria checks 4/6
Gulf Mushroom Products SAOG has a total shareholder equity of OMR10.1M and total debt of OMR5.1M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are OMR18.0M and OMR7.8M respectively. Gulf Mushroom Products SAOG's EBIT is OMR2.1M making its interest coverage ratio 7.9. It has cash and short-term investments of OMR355.6K.
Key information
50.2%
Debt to equity ratio
ر.ع5.09m
Debt
Interest coverage ratio | 7.9x |
Cash | ر.ع355.59k |
Equity | ر.ع10.14m |
Total liabilities | ر.ع7.85m |
Total assets | ر.ع17.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMPI's short term assets (OMR4.0M) exceed its short term liabilities (OMR3.0M).
Long Term Liabilities: GMPI's short term assets (OMR4.0M) do not cover its long term liabilities (OMR4.9M).
Debt to Equity History and Analysis
Debt Level: GMPI's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: GMPI's debt to equity ratio has reduced from 123.8% to 50.2% over the past 5 years.
Debt Coverage: GMPI's debt is well covered by operating cash flow (47.5%).
Interest Coverage: GMPI's interest payments on its debt are well covered by EBIT (7.9x coverage).