Oman Fisheries Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Oman Fisheries Company SAOG has a total shareholder equity of OMR3.1M and total debt of OMR5.1M, which brings its debt-to-equity ratio to 162.6%. Its total assets and total liabilities are OMR11.1M and OMR8.0M respectively.
Key information
162.6%
Debt to equity ratio
ر.ع5.11m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع2.28m |
Equity | ر.ع3.14m |
Total liabilities | ر.ع8.00m |
Total assets | ر.ع11.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OFCI's short term assets (OMR7.6M) exceed its short term liabilities (OMR6.7M).
Long Term Liabilities: OFCI's short term assets (OMR7.6M) exceed its long term liabilities (OMR1.3M).
Debt to Equity History and Analysis
Debt Level: OFCI's net debt to equity ratio (90%) is considered high.
Reducing Debt: OFCI's debt to equity ratio has increased from 19.8% to 162.6% 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 22.5% each year