Gulf Mushroom Products SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Gulf Mushroom Products SAOG has a total shareholder equity of OMR10.9M and total debt of OMR4.6M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are OMR18.2M and OMR7.3M respectively. Gulf Mushroom Products SAOG's EBIT is OMR2.3M making its interest coverage ratio 8.8. It has cash and short-term investments of OMR470.5K.
Key information
41.8%
Debt to equity ratio
ر.ع4.56m
Debt
| Interest coverage ratio | 8.8x |
| Cash | ر.ع470.46k |
| Equity | ر.ع10.90m |
| Total liabilities | ر.ع7.32m |
| Total assets | ر.ع18.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMPI's short term assets (OMR4.4M) do not cover its short term liabilities (OMR4.5M).
Long Term Liabilities: GMPI's short term assets (OMR4.4M) exceed its long term liabilities (OMR2.8M).
Debt to Equity History and Analysis
Debt Level: GMPI's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: GMPI's debt to equity ratio has reduced from 110.5% to 41.8% over the past 5 years.
Debt Coverage: GMPI's debt is well covered by operating cash flow (58.3%).
Interest Coverage: GMPI's interest payments on its debt are well covered by EBIT (8.8x coverage).