National Aluminium Products Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
National Aluminium Products Company SAOG has a total shareholder equity of OMR-2.7M and total debt of OMR16.1M, which brings its debt-to-equity ratio to -584.8%. Its total assets and total liabilities are OMR21.8M and OMR24.5M respectively.
Key information
-584.8%
Debt to equity ratio
ر.ع16.07m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع187.23k |
| Equity | -ر.ع2.75m |
| Total liabilities | ر.ع24.54m |
| Total assets | ر.ع21.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAPI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NAPI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAPI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NAPI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 NAPI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NAPI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37% per year.