Oman Fisheries Company SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Oman Fisheries Company SAOG has a total shareholder equity of OMR2.0M and total debt of OMR5.1M, which brings its debt-to-equity ratio to 253.3%. Its total assets and total liabilities are OMR9.6M and OMR7.6M respectively.
Key information
253.3%
Debt to equity ratio
ر.ع5.14m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع535.17k |
| Equity | ر.ع2.03m |
| Total liabilities | ر.ع7.57m |
| Total assets | ر.ع9.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OFCI's short term assets (OMR6.4M) do not cover its short term liabilities (OMR6.5M).
Long Term Liabilities: OFCI's short term assets (OMR6.4M) exceed its long term liabilities (OMR1.1M).
Debt to Equity History and Analysis
Debt Level: OFCI's net debt to equity ratio (227%) is considered high.
Reducing Debt: OFCI's debt to equity ratio has increased from 39% to 253.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OFCI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OFCI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.1% each year