Al Fajar Al Alamia Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Al Fajar Al Alamia Company SAOG has a total shareholder equity of OMR10.2M and total debt of OMR24.4M, which brings its debt-to-equity ratio to 240.2%. Its total assets and total liabilities are OMR48.4M and OMR38.2M respectively.
Key information
240.2%
Debt to equity ratio
ر.ع24.43m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع569.24k |
| Equity | ر.ع10.17m |
| Total liabilities | ر.ع38.18m |
| Total assets | ر.ع48.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFAI's short term assets (OMR8.6M) do not cover its short term liabilities (OMR14.3M).
Long Term Liabilities: AFAI's short term assets (OMR8.6M) do not cover its long term liabilities (OMR23.9M).
Debt to Equity History and Analysis
Debt Level: AFAI's net debt to equity ratio (234.6%) is considered high.
Reducing Debt: AFAI's debt to equity ratio has increased from 57.5% to 240.2% 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: Whilst unprofitable AFAI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AFAI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20% per year.