National Detergent Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
National Detergent Company SAOG has a total shareholder equity of OMR17.0M and total debt of OMR2.7M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are OMR31.7M and OMR14.7M respectively. National Detergent Company SAOG's EBIT is OMR1.6M making its interest coverage ratio 5.9. It has cash and short-term investments of OMR845.7K.
Key information
15.9%
Debt to equity ratio
ر.ع2.69m
Debt
| Interest coverage ratio | 5.9x |
| Cash | ر.ع845.73k |
| Equity | ر.ع16.97m |
| Total liabilities | ر.ع14.69m |
| Total assets | ر.ع31.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDTI's short term assets (OMR13.7M) exceed its short term liabilities (OMR11.0M).
Long Term Liabilities: NDTI's short term assets (OMR13.7M) exceed its long term liabilities (OMR3.7M).
Debt to Equity History and Analysis
Debt Level: NDTI's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: NDTI's debt to equity ratio has reduced from 40.4% to 15.9% over the past 5 years.
Debt Coverage: NDTI's debt is well covered by operating cash flow (83.6%).
Interest Coverage: NDTI's interest payments on its debt are well covered by EBIT (5.9x coverage).