Gulf International Chemicals SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Gulf International Chemicals SAOG has a total shareholder equity of OMR2.6M and total debt of OMR12.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are OMR2.9M and OMR268.9K respectively. Gulf International Chemicals SAOG's EBIT is OMR77.2K making its interest coverage ratio -2.3. It has cash and short-term investments of OMR1.1M.
Key information
0.5%
Debt to equity ratio
ر.ع12.04k
Debt
Interest coverage ratio | -2.3x |
Cash | ر.ع1.14m |
Equity | ر.ع2.63m |
Total liabilities | ر.ع268.87k |
Total assets | ر.ع2.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GICI's short term assets (OMR2.3M) exceed its short term liabilities (OMR176.0K).
Long Term Liabilities: GICI's short term assets (OMR2.3M) exceed its long term liabilities (OMR92.9K).
Debt to Equity History and Analysis
Debt Level: GICI has more cash than its total debt.
Reducing Debt: GICI's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: GICI's debt is well covered by operating cash flow (658.5%).
Interest Coverage: GICI earns more interest than it pays, so coverage of interest payments is not a concern.