National Biscuit Industries Limited SAOG Balance Sheet Health
Financial Health criteria checks 5/6
National Biscuit Industries Limited SAOG has a total shareholder equity of OMR7.7M and total debt of OMR552.4K, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are OMR14.9M and OMR7.2M respectively. National Biscuit Industries Limited SAOG's EBIT is OMR714.0K making its interest coverage ratio 23. It has cash and short-term investments of OMR217.5K.
Key information
7.2%
Debt to equity ratio
ر.ع552.36k
Debt
| Interest coverage ratio | 23x |
| Cash | ر.ع217.51k |
| Equity | ر.ع7.68m |
| Total liabilities | ر.ع7.19m |
| Total assets | ر.ع14.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBII's short term assets (OMR7.9M) exceed its short term liabilities (OMR6.3M).
Long Term Liabilities: NBII's short term assets (OMR7.9M) exceed its long term liabilities (OMR882.2K).
Debt to Equity History and Analysis
Debt Level: NBII's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: NBII's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.
Debt Coverage: NBII's debt is well covered by operating cash flow (240%).
Interest Coverage: NBII's interest payments on its debt are well covered by EBIT (23x coverage).