Oman Refreshment Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Oman Refreshment Company SAOG has a total shareholder equity of OMR82.4M and total debt of OMR15.9M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are OMR117.3M and OMR34.9M respectively. Oman Refreshment Company SAOG's EBIT is OMR4.3M making its interest coverage ratio -13.7. It has cash and short-term investments of OMR27.9M.
Key information
19.3%
Debt to equity ratio
ر.ع15.90m
Debt
Interest coverage ratio | -13.7x |
Cash | ر.ع27.94m |
Equity | ر.ع82.41m |
Total liabilities | ر.ع34.92m |
Total assets | ر.ع117.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORCI's short term assets (OMR56.1M) exceed its short term liabilities (OMR29.2M).
Long Term Liabilities: ORCI's short term assets (OMR56.1M) exceed its long term liabilities (OMR5.8M).
Debt to Equity History and Analysis
Debt Level: ORCI has more cash than its total debt.
Reducing Debt: ORCI's debt to equity ratio has reduced from 21.7% to 19.3% over the past 5 years.
Debt Coverage: ORCI's debt is well covered by operating cash flow (63.3%).
Interest Coverage: ORCI earns more interest than it pays, so coverage of interest payments is not a concern.