Omani Packaging Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Omani Packaging Company SAOG has a total shareholder equity of OMR7.7M and total debt of OMR977.6K, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are OMR11.0M and OMR3.3M respectively. Omani Packaging Company SAOG's EBIT is OMR879.8K making its interest coverage ratio 10.1. It has cash and short-term investments of OMR550.4K.
Key information
12.7%
Debt to equity ratio
ر.ع977.58k
Debt
| Interest coverage ratio | 10.1x |
| Cash | ر.ع550.41k |
| Equity | ر.ع7.71m |
| Total liabilities | ر.ع3.25m |
| Total assets | ر.ع10.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPCI's short term assets (OMR6.8M) exceed its short term liabilities (OMR2.8M).
Long Term Liabilities: OPCI's short term assets (OMR6.8M) exceed its long term liabilities (OMR462.5K).
Debt to Equity History and Analysis
Debt Level: OPCI's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: OPCI's debt to equity ratio has reduced from 26.4% to 12.7% over the past 5 years.
Debt Coverage: OPCI's debt is well covered by operating cash flow (178.2%).
Interest Coverage: OPCI's interest payments on its debt are well covered by EBIT (10.1x coverage).