Al Jazeera Steel Products Company SAOG Balance Sheet Health
Financial Health criteria checks 4/6
Al Jazeera Steel Products Company SAOG has a total shareholder equity of OMR52.4M and total debt of OMR35.9M, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are OMR109.7M and OMR57.3M respectively. Al Jazeera Steel Products Company SAOG's EBIT is OMR6.5M making its interest coverage ratio 4.6. It has cash and short-term investments of OMR11.4M.
Key information
68.6%
Debt to equity ratio
ر.ع35.95m
Debt
Interest coverage ratio | 4.6x |
Cash | ر.ع11.41m |
Equity | ر.ع52.42m |
Total liabilities | ر.ع57.27m |
Total assets | ر.ع109.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATMI's short term assets (OMR78.2M) exceed its short term liabilities (OMR40.6M).
Long Term Liabilities: ATMI's short term assets (OMR78.2M) exceed its long term liabilities (OMR16.7M).
Debt to Equity History and Analysis
Debt Level: ATMI's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: ATMI's debt to equity ratio has increased from 18.6% to 68.6% over the past 5 years.
Debt Coverage: ATMI's debt is well covered by operating cash flow (46.2%).
Interest Coverage: ATMI's interest payments on its debt are well covered by EBIT (4.6x coverage).