Oman Cement Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Oman Cement Company SAOG has a total shareholder equity of OMR152.4M and total debt of OMR706.5K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are OMR172.2M and OMR19.8M respectively. Oman Cement Company SAOG's EBIT is OMR5.1M making its interest coverage ratio -1.8. It has cash and short-term investments of OMR54.2M.
Key information
0.5%
Debt to equity ratio
ر.ع706.48k
Debt
| Interest coverage ratio | -1.8x |
| Cash | ر.ع54.17m |
| Equity | ر.ع152.45m |
| Total liabilities | ر.ع19.76m |
| Total assets | ر.ع172.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCOI's short term assets (OMR80.6M) exceed its short term liabilities (OMR10.8M).
Long Term Liabilities: OCOI's short term assets (OMR80.6M) exceed its long term liabilities (OMR9.0M).
Debt to Equity History and Analysis
Debt Level: OCOI has more cash than its total debt.
Reducing Debt: OCOI's debt to equity ratio has reduced from 13% to 0.5% over the past 5 years.
Debt Coverage: OCOI's debt is well covered by operating cash flow (1826.2%).
Interest Coverage: OCOI earns more interest than it pays, so coverage of interest payments is not a concern.