National Mineral Water Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
National Mineral Water Company SAOG has a total shareholder equity of OMR1.9M and total debt of OMR2.2M, which brings its debt-to-equity ratio to 114%. Its total assets and total liabilities are OMR5.8M and OMR3.8M respectively.
Key information
114.0%
Debt to equity ratio
ر.ع2.22m
Debt
Interest coverage ratio | n/a |
Cash | -ر.ع792.51k |
Equity | ر.ع1.94m |
Total liabilities | ر.ع3.83m |
Total assets | ر.ع5.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMWI's short term assets (OMR3.2M) exceed its short term liabilities (OMR3.2M).
Long Term Liabilities: NMWI's short term assets (OMR3.2M) exceed its long term liabilities (OMR682.6K).
Debt to Equity History and Analysis
Debt Level: NMWI's net debt to equity ratio (154.8%) is considered high.
Reducing Debt: NMWI's debt to equity ratio has increased from 45.7% to 114% over the past 5 years.
Debt Coverage: NMWI's debt is not well covered by operating cash flow (17%).
Interest Coverage: Insufficient data to determine if NMWI's interest payments on its debt are well covered by EBIT.