Oman United Insurance Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Oman United Insurance Company SAOG has a total shareholder equity of OMR25.5M and total debt of OMR1.6M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are OMR91.4M and OMR65.9M respectively.
Key information
6.3%
Debt to equity ratio
ر.ع1.61m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع20.98m |
Equity | ر.ع25.50m |
Total liabilities | ر.ع65.94m |
Total assets | ر.ع91.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OUIC's short term assets (OMR50.9M) do not cover its short term liabilities (OMR64.9M).
Long Term Liabilities: OUIC's short term assets (OMR50.9M) exceed its long term liabilities (OMR1.1M).
Debt to Equity History and Analysis
Debt Level: OUIC has more cash than its total debt.
Reducing Debt: OUIC's debt to equity ratio has increased from 2.1% to 6.3% over the past 5 years.
Debt Coverage: OUIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OUIC's interest payments on its debt are well covered by EBIT.